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69 Peet Street, Derby DE22 3RF

Lot no: 1 Sold at Auction for £123,000
 

Guide Price £45,000+ 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 29th February 2024

10.00am
Key Features
  • An attractive three bedroom mid terrace property
  • Comprehensive scheme of improvement and upgrading required
  • Entrance hall, landing and two reception rooms
  • Situated in a strong letting location, conveniently positioned to city centre
  • Offered for sale with immediate vacant possession
  • Excellent residential investment opportunity
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Sold at Auction for £123,000

Terraced House

Property Description:

An excellent residential investment opportunity to acquire an attractive and extended three bedroom mid terrace property, situated in a strong letting location, conveniently positioned for Derby City Centre and the Royal Derby Hospital.

Constructed of traditional brick beneath a replacement tiled cladded roof, the character accommodation, boast high ceilings and requires a comprehensive scheme of upgrading and improvement.

Internally the uPVC double glazed living accommodation consist of, entrance hall, front sitting room, separate rear dining room, fitted kitchen, rear lobby and wet room. To the first floor galleried style landing leads to three bedrooms and bathroom.

Outside there is gated shared passage ways which in turn provides access to the good sized low maintenance rear garden with yard.

The property enjoys a location of similar style two storey dwellings with excellent road network connections and nearby amenities.

Additional Information
Parking Arrangements: On street
Water: Mains
Electric: Mains
Sewerage: Mains
Heating: TBC
Building construction: Standard brick
Flood Risk: Very low
Broadband: Standard, superfast and ultrafast available
Mobile Signal: O2, EE, Three and Vodafone available
Satellite and Cable TV Availability: BT, Sky and Virgin

Entrance hall with staircase

15ft x 2ft 9

Front sitting room

11ft 8 x 11ft 6 into chimney recess

Separate rear dining room

12ft 1 x 11ft 6 into chimney recess

Fitted kitchen

12ft x 8ft

Rear lobby

6ft 2 x 3ft 9

Wet room

6ft 4 x 6ft 3

First floor galleried style landing

12ft 6ft 1

Bedroom one

11ft 8 x 11ft 6 into chimney recess

Bedroom two

12ft 1 x 8ft 10 into chimney recess

Bedroom three

10ft 7 reducing to 7ft 7 x 7ft 1

Bathroom

10ft 8 x 4ft 3

Outside

There is gated shared passage ways which in turn provides access to the good sized low maintenance rear garden with yard.

Tenure: Freehold
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.