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Zion Cottage, 17 Manor Road, South Wingfield, Alfreton DE55 7NH

Lot no: 29 Sold at Auction for £140,000
 

Guide Price £130,000+ 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
  • Mostly stone built Grade-II Listed two bedroomed period property
  • Scheme of improvement and upgrading required
  • Off-road parking
  • Pleasant semi-rural village location
  • Offered for sale with immediate vacant possession
  • Excellent freehold residential investment opportunity
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Sold at Auction for £140,000

Cottage

Property Description:

Zion Cottage, 17 Manor Road is a detached 18th-Century, two-storey stone cottage with
Grade-II Listed status, and was previously a public house. The cottage offers excellent
scope for refurbishment to individual taste, and comprises; entrance hall area, beamed
sitting room with original salt cupboard, kitchen, large basement vaulted cellar with stone
thrall, two bedrooms, shower room, and off-road parking.

We understand the property is situated within a Conservation Area, in the popular Village
of South Wingfield, within the Amber Valley district of Derbyshire. The cottage is located
on the southern edge of South Wingfield, which lies approximately three-miles west of
the Market Town of Alfreton, which affords a comprehensive range of amenities. The A38
is a similar distance from the cottage, which enables commuting to the north and south
of the region, and linking to the M1 motorway.

Additional Information
Water: Mains
Electric: Mains
Sewerage: Mains
Heating: Mains gas
Building construction: Sandstone or Limestone
Flood Risk: Very Low
Broadband: Standard and Superfast
Mobile Signal: O2, EE, Three and Vodafone available
Satellite and Cable TV Availability: BT and Sky

Sitting Room 4.55m x 4.52m

Having beamed ceiling, period stone fireplace and stone hearth with fire-grate, original salt cupboard windows to the front and rear, central heating radiator, and original 18th Century window seat with a view down Manor Road.

Basement

Large vaulted basement cellar.

Kitchen 4.5m x 2.24m

Having base and wall units, one-and-a-half bowl stainless steel sink unit with single drainer, windows to the front and side, central heating radiator, further entrance door to the front of the property, and wall-mounted Gloworm gas central heating boiler providing domestic hot water and central heating.

Bedroom One 4.57m x 2.64m

Having period cast-iron fireplace, central heating radiator, and window.

Bedroom Two 4.6m x 2.16m

Having central heating radiator, and windows to the front and side enjoying far-reaching views over the valley.

Shower Room 3.48m x 1.78m

Having walk-in shower enclosure with electric shower unit NOT TESTED, wash hand basin in vanity unit with cupboards under, and low-level WC, together with heated chrome towel rail, central heating radiator, and built-in airing cupboard housing the hot water cylinder.

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.