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Hollies Lodge, Spondon Road, Dale Abbey DE7 4PQ

Lot no: 11 Sold at Auction for £180,000
 

Guide Price £165,000+ 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 25th April 2024

9.00am
Key Features
  • Charming brick built two bedroom dwelling
  • Sits on a long rectangular plot of 1.1 acres or thereabouts
  • Scheme of improvement and upgrading
  • Offered for sale with immediate vacant possession
  • Well regarded semi rural location, conveniently positioned for Derby and M1
  • Rare and exciting freehold residential investment opportunity
  • Potential for a varied range of different uses subject to planning
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Sold at Auction for £180,000

Barn Conversion

Property Description:

Hollies Lodge is a charming brick built, two bedroomed detached dwelling, located on a long rectangular plot extending 1.1 acres or thereabouts, enjoys a delightful semi rural location, conveniently positioned for Derby and the M1 Motorway.

The property itself is double glazed with LPG heating and requires some improvement and upgrading and in brief comprises; L-shaped entrance hall, lounge through diner with patio doors, fitted kitchen with built-in-appliances, two bedrooms and bathroom with three piece suite. In our opinion there is scope for an extension, subject to obtaining the necessary planning and building regulations.

Outside there is a charming part walled garden with magnificent countryside views, car standing space and a plot that offers varied range of different uses, subject to the necessary planning consents. The property is approached via long driveway, shared by four other properties located within this highly desirable location.

Dale Abbey is an extremely sought after location, situated West of Derby and is also within a short commute of Ilkeston and Nottingham respectively.

The sale provides a genuine opportunity for a discerning purchaser, looking to acquire an affordable and unique property property being offered for sale with immediate vacant possession.

Additional Information
Parking Arrangements: Off street parking
Water: Mains
Electric: Mains
Sewerage: Tbc
Heating: TBC
Building construction: Brick
Flood Risk: Very low
Broadband availability: Standard and Ultrafast
Mobile Signal availability: O2, EE, Three and Vodafone
Satellite and Cable TV Availability: BT and Sky

Entrance hall

L-shaped 8ft 1 x 8ft 5

Lounge through diner

17ft 3 x 11ft 4 reducing to 9ft

Fitted kitchen

8ft 7 x 8ft 6

Bedroom one

12 ft 3 into wardrobe x 8ft 1

Bedroom two

8ft 1 x 7ft 1

Bathroom

5ft 5 x 5ft 1

Outside
Please note:

We are informed by the vendor a water treatment plant was installed in 2023 and serves three of the neighbouring properties. A charge of £60 per annum is made payable by each property. The maintenance for the driveway is shared between the four properties. Seek legal pack for further information.

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 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.
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