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40 Riddings Street, Derby, Derby, Derbyshire DE22 3US

Lot no: 129 Withdrawn Post for £120,000
 

Guide Price £100,000-£120,000 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 27th March 2024

9.00am
Key Features
  • £100,000 - £120,000 Guide
  • Very popular residential area
  • Walking distance to town centre
  • Two reception rooms
  • Private rear garden
  • Nearby bus stops and great road links
  • EPC Rating: E
  • Council Tax Band: A
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Withdrawn Post for £120,000

Town house

Property Description:

An excellent two bedroom investment property.

The home is immaculately presented throughout.

In brief the accommodation comprises of lounge, dining room and kitchen, and access to the cellar. The first floor offers two double bedrooms and a lovely light and airy modern shower room.

To the rear of the home is a lovely cobbled rear courtyard style garden, which does have through access for neighbouring properties.

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

Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Tenure:

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.