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199 Victoria Avenue, Borrowash, Derbyshire DE72 3HG

Lot no: 30 Available for £590,000
 

Guide Price £550,000+ 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.

Thursday 25th April 2024

9.00am
Key Features
  • Five Bedroomed Semi Detached Property
  • Period Features Still Present
  • Two Garages and Driveway Parking
  • Sitting On A Generous Plot
  • Two Good Sized Gardens
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Available for £590,000

Semi-detached house

Property Description:

A unique opportunity arises to acquire this stunning period property located in the sought-after Derby suburb of Borrowash. Built circa 1800s, the property still has many original features present including bay windows, high ceilings, decorative moldings, Minton flooring under the hallway carpet, and sash-style windows. Having an abundance of potential, the subject dwelling could be re-divided, converted to commercial usage or apartments. The land also has building potential all subject to the relevant planning permissions.

Originally two properties converted into one and sitting on a generous plot, the property briefly comprises: Entrance porch; hallway; three good sized reception rooms; a breakfast kitchen, a further kitchen; conservatory; under stairs pantry storage. To the first floor are five bedrooms; family bathroom; additional shower room; wonderful galleried landings. The accommodation also features an attic (formerly servants’ quarters) and a cellar.

Outside, to the front of the property is a beautiful lawned garden with well established flower and shrubbery beds, mature trees and two driveways providing off road parking. To the right hand side of the property is an attractive, good sized lawned garden with patio area, flowerbeds, summer house, trees, outside WC, tool shed and a door giving access to the garage. To the left of the property are double gates giving access to the rear, where the driveway continues to a potential garage (former stable with a boarded loft accessed via an outside staircase), potting shed and a truly stunning garden having a range of seasonal flower and shrubbery beds, trees and patio area.

Additional Information
Water: Mains
Electric: Mains
Sewerage: Mains
Heating: Partially mains gas / Partially Electric storage heaters
Building construction: Solid brick
Broadband availability: Standard, Superfast and Ultrafast
Mobile Signal availability: O2, EE, Three and Vodafone
Satellite and Cable TV Availability: BT, Sky and Virgin

Draft Sales Details

These sales details are awaiting vendor approval.

Flood risk

Suffers regular flooding from groundwater in the cellar.

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.