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199 Derby Road, Ilkeston, Derbyshire DE7 5FF

Lot no: 2 Sold at Auction for £287,000
 

Guide Price £180,000+ 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
  • Attractive traditionally built four bedroom detached period property
  • Full scheme of repair and modernisation required
  • Significant scope for redevelopment subject to obtaining planning consent
  • Secluded plot with far reaching views extending to 0.42 acres or thereabouts
  • Sweeping driveway culminates to an extensive parking area with garage
  • Three reception rooms and two workshops
  • Very attractively priced residential investment opportunity
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Sold at Auction for £287,000

Detached house

Property Description:

A rare and exciting opportunity to acquire a traditionally built, four bedroom detached period property, requiring full renovation and with significant scope for redevelopment, subject to obtaining the necessary planning consents.

The property enjoys a secluded and sought after location, being set well back from the road on a large and well established plot extending to 0.42 acres (0.16 hectares) or thereabouts with far reaching views. A sweeping driveway, culminates to an extensive parking area with detached garage.

Constructed of traditional brick, set beneath a pitched tiled roof, the substantial character accommodation in brief comprises; porch, entrance hallway with pantry and staircase, three well proportioned reception rooms and breakfast kitchen room. In addition there is an adjoining side passage with wc, two store rooms and access to two large workshops.

The property is situated within the context of an established residential location, surrounded by some delightful executive homes, enjoying easy access onto Ilkeston Town Centre, which has an impressive range of amenities. The cities of Derby and Nottingham, along with the M1 Motorway are all a short commute.

The sale provides a genuine opportunity for a discerning purchaser looking to acquire a very attractively priced family home, offered for sale with immediate vacant possession.

This property may qualify for stamp duty land tax relief, subject to certain conditions, please see further details below

Porch

9ft 2 x 4ft 5

Main entrance hallway

13ft 4 x 6ft1

Pantry

11ft 4 x 3ft4

Sitting room

15ft 5 x 16ft 7

Separate dining room

11ft 2 x 10ft 7 into chimney recess

Family room

15ft 1 x 12ft into chimney recess

Breakfast kitchen room

12ft 2 x 10ft 9

Side hall

11ft x 3ft 6

Potting shed

8ft 3 x 6ft

Gardeners wc

5ft 9 3ft 3

Store room with staircase and access to workshop

10ft 9 x 8ft2

Workshop

14ft 1 x 12ft 4

Workshop/garage

Please note this is an irregular shaped room, 28ft 2 reducing to 14ft 1 x 28ft 6

First floor landing
Principle bedroom

17ft 6 x 15ft 8

Bedroom two

15ft 11 x 11ft

Bedroom three

12ft 2 x 10ft 5

Bedroom four

10ft 8 x 7ft 8

Family bathroom

7ft 6ft 8

Separate wc

6ft 4 x 3ft

Outside

The property enjoys a secluded and sought after location, being set well back from the road on a large and well established plot extending to 0.42 acres (0.16 hectares) or thereabouts with far reaching views. A sweeping driveway, culminates to an extensive parking area with detached garage.

Tenure: Freehold
Draft Sales Details

These sales details are awaiting vendor approval.

Land Tax Relief

We believe that this property may be of a type that qualifies for Stamp Duty Land Tax/Land and Buildings Transaction Tax/Land Transaction Tax relief (as applicable). We work with a tax consultancy who can provide expert tax advice in this regard. Free consultations are available. You will only be charged a fee for this service based on any actual tax savings made, on a percentage basis. We in turn will receive a fee from the provider in exchange for referring you. Please contact us if you are interested for further details.

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.