fbpx
My Favourites
Free sales valuation
To register for remote bidding in our next National Property Auction click here

37 Balfour Road, Derby DE23 8UP

Lot no: 11 Sold at Auction for £98,000
 

Guide Price £75,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 29th June 2023

10.00am
Key Features
  • Three/four bedroomed period property
  • Scheme of improvement and upgrading required
  • Potential to convert loft and to HMO subject to usual planning consents
  • Majority fitted with an air source heat pump and uPVC double glazed
  • Low maintenance rear garden
  • Easy reach of Foresters Retail Park and the inner ring road
  • Excellent residential investment opportunity
Add to favourites
Sold at Auction for £98,000

Terraced House

Property Description:

Offered for sale at a very attractive guide price is an extended three/four bedroomed period property, situated in a sought after and convenient residential location, requiring a full scheme of improvement and upgrading.

The property has been fitted with an air source heat pump system to the majority of the accommodation along with uPVC double glazing and in our opinion lends itself to loft and HMO conversion, subject to obtaining the necessary planning consents and building regulations. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding.

In brief the well proportioned character accommodation comprises of an entrance vestibule, passaged hallway with original staircase, three reception rooms and kitchen (not fitted). To the first floor the landing leads to three/four bedrooms, bathroom and a large loft room. Outside to the rear there is low maintenance garden.

The property is situated within easy reach of Foresters Retail Park, Derbys inner ring road and is a short commute to the city centre.

Excellent residential investment opportunity.

Entrance Vesitbule

Leading into -

Passaged Hallway

With staircase.

Front Sitting Room

11ft 8 x 11ft 4 into chimney recess

Dining Room

13ft 5 x 11ft 6 into chimney recess

Kitchen (not fitted)

13ft 5 x 9ft 7

Extended Rear Sitting Room

13ft 6 x 9ft 1

First Floor Passaged Landing

Giving access to -

Bedroom One

12ft 8 into chimney recess x 11ft 6

Dressing Room/Bedroom Four

11ft 5 max x 5ft 4

Bedroom Two

13ft 8 x 11ft 11 into chimney recess

Bedroom Three

9ft 8 x 8ft 1

Family Bathroom

6ft 4 x 4ft 8

Outside

To the rear there is a small low maintenance garden.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Vacant possession upon completion.



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions' Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneer's fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyer's Fee of £1,500 inc. VAT

The Buyer's Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.


Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions' home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).


Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
Virtual Viewing