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120 Stanley Street, Derby DE22 3GW

Lot no: 54 Sold at Auction for £109,000
 

Guide Price £95,000+ 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 30th November 2023

10.00am
Key Features
  • Two Bedroom End Of Terraced Property
  • Close To Derby City and Derby University
  • Viewing Recommended
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Sold at Auction for £109,000

End of terrace house

Property Description:

Located close to Derby City Centre and Derby University is this two bedroom end of terraced property. Ideal for a first time buyer or investor, this well appointed property features a well maintained interior, enclosed rear garden, uPVC double glazing and gas central heating. In brief, the accommodation comprises; entrance hallway with an under stairs storage cupboard, lounge, a spacious dining room and a fitted kitchen.

Found to the first floor are two double bedrooms having fitted wardrobes, first floor landing and a modern fitted shower room together with a three piece suite. At the rear of the property is an enclosed, low maintenance garden with a patio area, shrubbery beds, garden shed, outside utility room and a secure gate giving access for bins and deliveries. Stanley Street is conveniently situated close to local shops and amenities, together with excellent road links and public transport routes with the A38 and A52 close by. Viewings are highly recommended to fully appreciate the size and standard of the accommodation on offer.

The property was recently let producing £900pcm. The property is being sold with vacant possession upon completion. We are informed by the sellers the property can achieve a higher rental income if let as a student let, using the lounge (accessed off the entrance hallway) as a third bedroom. The sellers have let the property successfully as a student let for many years.

Please note all furniture will be staying in the property (excluding TV).

Entrance Hall: 15ft 8 x 5ft 3 (4.77m x 1.60m)
Lounge: 12ft 2 x 10ft 10 (3.71m x 3.30m)
Dining Room: 13ft 1 x 10ft 10 (3.98m x 3.30m)
Kitchen
First Floor Landing
Bedroom One: 12ft 2 x 16ft 6 (3.71m x 5.03m) MAX
Bedroom Two: 13ft 1 x 9ft 0 (3.98m x 2.74m)
Bathroom: 9ft 8 x 6ft 2 (2.94m x 1.88m)
Note

There is a utility room in the back garden attached to the house. In it houses the majority of white goods including washing machine, vented tumble dryer, freezer and second fridge, which the seller informs us are to be included in the sale along with the furniture as seen, except for the TV. The back garden can be accessed from a shared rear passageway which is only used by approximately 5 houses. Please see legal pack for full details.

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 auctioneers fee apply:

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

• Buyers Fee of £1,500 inc. VAT

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.