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30 Loscoe Road, Heanor, Derbyshire DE75 7FF

Lot no: 40 Sold at Auction for £93,000
 

Guide Price £65,000+ 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.

Wednesday 31st January 2024

10.00am
Key Features
  • Bay fronted three bedroom palisaded mid terrace property
  • Entrance hall and two reception rooms
  • Fitted kitchen, bathroom and shower room
  • uPVC double glazed and gas central heated
  • Some improvement and upgrading required
  • Established residential location, conveniently positioned for the town cenre
  • Short commute to the A610, M1 Motorway, Debry & Nottingham
  • Offered for sale immediate vacant possession
  • Excellent residential investment opportunity
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Sold at Auction for £93,000

Terraced House

Property Description:

Offered for sale at a realistic guide price, is a well equipped, bay fronted three bedroom palisaded mid terrace property, requiring some improvement and upgrading.

Internally the property has the benefit of being uPVC double glazed, gas central heated and in brief comprises; passaged entrance hall with staircase, front sitting room with bay window, separate dining room, fitted kitchen with built-in-appliances, pantry, lobby and bathroom with three piece suite in white. To the first floor T-shaped landing leads to three well proportioned bedrooms and shower room. Outside to the front there is a small forecourt, gated side entry provides access onto an enclosed rear garden in need of attention.

The property is situated within the context of an established residential location, conveniently positioned for Heanor Town Centre and the A610. The cities of Derby and Nottingham are both a short commute along with the M1 Motorway.

Excellent residential investment opportunity.

Entrance hall with staircase

15ft 5 x 3ft 5

Front sitting room

12ft 5 into bay x 12ft 7 into chimney recess

Separate dining room

13ft into chimney recess x 12ft 4

Fitted kitchen

12ft 3 x 8ft 7

Pantry

11ft 9 (restricted height) x 3ft

Small rear lobby
Family bathroom

8ft 7 x 5ft 8

T-shaped first floor landing

12ft 5 x 11ft 3

Bedroom one

12ft 6 x 10ft 2

Bedroom two

12ft into chimney recess x 11ft 1

Bedroom three

11ft 2 x 7ft 10

Shower room

9ft 2 x 3ft 3

Outside

To the front there is a small forecourt, gated side entry provides access onto an enclosed rear garden in need of attention.

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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