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16 Station Road, Castle Donington, Derbyshire DE74 2NJ

Lot no: 46 Re-entry to a future auction
 

Guide Price £135,000+ 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
  • Three storey terrace
  • Three bedrooms and study/nursery
  • Potential buy to let investment opportunity
  • Sought after location
  • Two reception rooms
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Re-entry to a future auction

Terraced House

Property Description:

A spacious three storey terraced house offering three bedrooms along with study/nursery.

Well placed close to the centre of the thriving village of Castle Donington. There is a great range of local amenities with the centre along with great transport links via the M1 motorway and being close to East Midlands airport.

The property would make an excellent buy to let investment with estimated rental value of £850 per calendar month/£10,200 per annum, based on comparable evidence. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Lounge - 3.75m x 3.56m (12ft3 x 11ft8)

With Pvc framed double-glazed window to the front elevation matching Pvc framed front door. Solid wood flooring. Central heating radiator.

Dining Room - 3.31m x 2.79m (10ft10 x 9ft1)

With latch key timber door to staircase, central heating radiator, useful understair cupboard.

Kitchen - 3.36m x 2.72m (11ft0 x 8ft11)

With a range of wall and base units , complementing work surface. Wall mounted Combination gas fired central heating boiler. Inset sink and drainer. Space for stand alone cooker. Plumbing for washing machine. Twin Pvc framed double glazed windows to rear elevation and matching Pvc framed door leading to covered passageway and rear gardens.

First Floor Landing

With staircase rising and descending, latch key doors leading off to further rooms.

Bedroom One - 3.75m x 3.36m (12ft3 x 11ft0)

With Pvc framed double-glazed window to front elevation. Fitted wardrobes and vanity unit. Central heating radiator.

Study/ Office - 3.15m x 1.15m (10ft4 x 3ft9)

Ideal space to create a home office or study. Central heating radiator.

Bathroom

With a suite of panelled bath with Triton electric shower over. Pedestal wash hand basin, WC. Central heating radiator. Pvc framed double glazed window.

Second Floor Landing:

Landing and rooms leading off.

Bedroom Two - 3.75m x 3.56m (12ft3 x 11ft8)

With Pvc framed double glazed window to front elevation. Central heating radiator.

Bedroom Three - 3.31m x 2.79m (10ft10 x 9ft1)

With Pvc framed double glazed window to rear elevation. Central heating radiator.

Outside

Walled garden to the front. Covered passageway leading to the rear. To the rear is a generous low maintenance garden. Decking area. The boundary comprises of a brick wall and panelled fencing combination

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.