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Terraced House
A two bedroom period mid terraced house requiring a general program of modernisation and improvement. With the benefit of some uPVC double glazing and relatively modern gas combination boiler with a service record, this turn of the 19th/20th Century property offers fantastic potential for property investors to re-model and improve to make an ideal first time purchase or long term buy to let. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Situated on a popular street in a semi-rural location on the outskirts of Stapleford. There is communal residents parking on the opposite side of the road. The property has a deep forecourt, offering the potential for off-street parking (subject to the provision of a dropped kerb). Backing onto fields, the rear garden is currently overgrown.
The property is approximately one mile from Stapleford town centre offering a variety of local and national retailers, as well as all the facilities expected. There are schools close by and good road links to the nearby larger town of Beeston and the cities of Nottingham and Derby via the A52.
Front entrance door, bay window to the front. Door to lounge/diner.
Giving access to a dog leg staircase leading to the first floor, window to the rear. Door to the kitchen.
A range of base units and work surfacing, drawers, inset stainless steel sink unit with single drainer. Window and door to the rear. Sliding door to the lobby.
Window, fitted cabinet. Door to cloaks/WC
Incorporating a two piece suite comprising wash hand basin, low flush WC, radiator, window.
Doors to both bedrooms.
Storage cupboard, radiator, window to the front. Door to bedroom two.
Cupboard housing Worcester gas combination boiler (for central heating and hot water), window to the rear. Door to dressing room.
Window to the rear. Door to the bathroom.
Incorporating a two piece suite comprising panel bath and wash hand basin. Radiator, window.
The property is set back from the road with a paved forecourt (potential for off-street parking subject to confirmation of a dropped kerb). The rear garden is enclosed and somewhat overgrown. Backing onto fields. There is unrestricted residents parking on the opposite side of the road.
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 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.
