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28 Allestree Street, Derby DE24 8TS

Lot no: 4 Sold at Auction for £83,500
 

Guide Price £45,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 26th October 2023

10.00am
Key Features
  • Two double mid terrace property
  • Conveniently positioned for Pride Park
  • Requires full renovation throughout
  • Two receptions rooms
  • Strong letting location
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Sold at Auction for £83,500

Terraced House

Property Description:

Conveniently positioned for Pride Park, is a two double bedroom mid terrace property, requiring renovation and is offered for sale with the added benefit of immediate vacant possession.

Internally the property is mostly uPVC double glazed and in brief comprises; lounge, inner lobby with door to cellar, separate dining room with enclosed staircase to first floor, fitted kitchen with rear lobby and WC. To the first floor there are two double bedrooms and bathroom with three piece suite. Outside to the rear there is an enclosed garden in need of attention.

The property is situated in the context of a strong letting location and always a popular choice with first time buyers and investors.

Lounge

11ft 1 into chimney recess x 11ft 1

Inner lobby with door to cellar
Separate dining room

11ft 1 into chimney recess x 10ft 10

Kitchen

8ft x 6ft

Rear lobby

4ft x 3ft

Guest WC

4ft x 2ft 4

First floor
Bedroom one

11ft into chimney recess x 11ft

Bedroom two

11ft x 10ft 11

Bathroom

8ft 2 x 6ft

Outside

To the rear there is a garden in need of attention.

Note

Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

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 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.
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