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2 Lavender Walk, South Wingfield, Alfreton DE55 7NS

Lot no: 157 Sold at Auction for £60,000
 

Guide Price £55,000+ 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.

Wednesday 31st January 2024

10.00am
Key Features
  • 1 bed bungalow
  • Scope to add value
  • Potential to extend (subject to planning)
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Sold at Auction for £60,000

Bungalow

Property Description:

No 2 Lavender Walk comprises of a one bed semi-detached bungalow situated on a good-sized plot having scope to extend (subject to planning permission)

The property is located within the former miner’s village of South Wingfield which has various public houses, a convenience store, primary school and a church. It has good transportation routes to surrounding districts.

The property comprises on the ground floor: Hallway, lounge, kitchen, bathroom and double bedroom. Externally there is a good-sized front, rear and side garden and parking available at kerbside. The gross internal area is approximately 44.0 square metres.

The property requires refurbishment and we have been advised there are structural issues requiring attention. Interested parties are advised to inspect the legal pack for more information.

Tenure:

See Legal Pack. 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.
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