Terraced House
Three storey, three bedroom mid town house being sold with tenant in situ, with an annual rental income of £7,800 (potential to increase to current market value of £9,000 - £10,200 per annum).
The current tenant has been in situ for over fifteen years and is to remain as part of the sale conditions. Please see legal pack for further information.
The accommodation is arranged over three levels and comprises entrance hall, living room, dining room and kitchen to the ground floor. The first floor landing provides access to bedrooms two and three, and the family bathroom. The staircase then rises to the top floor where the principal bedroom can be found. The property also benefits from gas central heating, double glazing, and enclosed garden to the rear.
The property is located on Station Road in Ilkeston which is within easy reach of the nearby retail park, Ilkeston train station, supermarket, and shopping facilities.
uPVC panel and double glazed front entrance door with window above the door, radiator, staircase rising to the first floor, laminate flooring. Doors to the living room and dining room.
Double glazed window to the front, radiator, decorative coving, central ceiling rose, media points.
Double glazed window to the rear, fixed storage cabinet, laminate flooring, radiator. Door to the kitchen.
The kitchen comprises a range of base and wall storage cupboards with roll top work surfaces incorporating single sink and draining board with tiled splashback. Plumbing for washing machine, space for cooker and fridge/freezer, double glazed window to the side, uPVC panel and<br>double glazed exit door, understairs storage cupboard. Door back to the dining room.
Doors to front and rear bedrooms, and family bathroom. Door and staircase rising to the top floor.
Double glazed window to the front, radiator, fixed shelving and storage cabinets.
Double glazed window to the rear, radiator.
Four piece suite comprising bath with electric shower over, separate tiled and enclosed shower cubicle, low flush WC, wash hand basin with tiled splashback. Radiator, double glazed window to the side. Boiler cupboard housing the gas fired combination boiler (for central heating and hot water purposes).
Open access to the top floor bedroom.
Double glazed window to the front, radiator. Loft hatch.
To the front of the property there is a dwarf brick boundary wall with coping stones and pedestrian gate and pathway providing access to the front entrance door, low maintenance paved front garden.
The rear garden is enclosed by timber fencing and brick walls to the boundary line, offers a courtyard patio seating area leading onto an artificial lawn with decorative stone chippings. There is a rear paved patio area to the foot of the plot.
Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
These sales details are awaiting vendor approval.
Freehold. Subject to tenancy.
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.
