Semi-detached house
Located on the fringe of the popular village of South Normanton is a very attractively priced, double fronted three bedroom semi detached property, situated within easy reach of the A38 and the M1 Motorway.
The property is currently let on a rolling tenancy agreement producing £550 per calendar month (£6,600 per annum) and offers scope for significant rental increase.
Internally the well proportioned family home has the benefit of being uPVC double glazed, gas centrally heated and in brief comprises of an entrance hall with staircase to first floor, two reception rooms, breakfast kitchen and wet room. To the first floor landing there are three well proportioned bedrooms and family bathroom. Outside the property is set nicely back from the road with fore garden and boundary hedge. To the side there is a shared driveway leading to a single detached garage with up and over door. To the rear there is large landscaped garden in need of attention.
Excellent residential investment opportunity.
13ft 5 x 12ft 5 into chimney recess
12ft 6 x 8ft 3
11ft 8 x 7ft 4
7ft 9 x 4ft 7
Not inspected
13ft 5 x 8ft
10ft 1 x 8ft 1
Outside the property is set nicely back from the road with fore garden and boundary hedge. To the side there is a shared driveway leading to a single detached garage with up and over door. To the rear there is large landscaped garden in need of attention.
Freehold. Subject to tenancy.
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 Variable Fee (England and Wales).
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 auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyers 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.
