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5 The Hollow, Mickleover, Derby DE3 0DG

Lot no: 40 Sold Prior to Auction

Guide Price £125,000+ 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.

Tuesday 19th December 2023

Key Features
  • Lovely character cottage
  • In the heart of Mickleover
  • Two bedrooms
  • Off road parking, garage and garden
  • EPC Rating: Exempt
  • Council Tax Band: D
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Sold Prior to Auction


Property Description:

A lovely, listed, detached, two bedroom cottage, centrally located in the heart of Mickleover. The property requires some modernisation but features a full gas central heating system via a Worcester Bosch combination boiler, off road parking via a attached single garage and generous rear garden. The property in brief comprises; Entrance hallway, spacious dual aspect lounge, dining room with feature beams and fitted kitchen with units, gas point and a separate pantry. Found to the first floor is a sizeable master bedroom, second double bedroom with built in wardrobe and a family bathroom including three piece suite and airing cupboard.

The front of the property features a fenced and raised patio area leading to the front door, pedestrian access to the right hand side via a secure gateway. Access can be gained to the left of the property over a neighbouring property to the attached single garage, fitted with lighting and up and over garage door. At the rear can be found a generous mature garden, mostly laid to lawn with a paved patio, established beds, fence boundaries and an outside brick storage shed.

The Hollow is located a short walk from Mickleover centre where a variety of amenities, shops, restaurants and cafes are location. Public transport routes also run from the end of the road into Derby City Centre. The property also sits within a short drive of the A38 and A50 road networks, connecting with the M1 motorway and East Midlands Airport.

For the avoidance of doubt, the seller’s solicitor has confirmed that there is an express right of way for the purpose of access to and egress from the garage at the Property with or without motor vehicles granted under a Transfer deed by clause 2(i)(b) dated 19th June 1980 and they have not seen any evidence of this being extinguished by a deed. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.


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.