fbpx
My Favourites
Free sales valuation
To register for remote bidding in our next National Property Auction click here

5 St. Mary Street, Ilkeston DE7 8AF

Auction Event
 

Guide Price £135,000+ 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 30th May 2024

9.00am
Key Features
  • Late Victorian three storied, five bedroomed semi detached property
  • Potential to convert into HMO property subject to planning
  • Situated within literally yards of the bustling town centre
  • Some improvement and upgrading required
  • Well equipped character accommodation
  • Part double glazed and mostly gas centrally heated
  • Excellent residential investment opportunity
  • EPC Rating: Awaited
  • Council Tax Band: B
Add to favourites

Semi-detached house

Property Description:

Enjoying a quiet residential location being situated within literally yards of the bustling town centre, is an imposing Late Victorian three storied, five bedroomed semi detached property in need of some improvement and upgrading.

Interestingly the adjoining semi detached property was recently purchased at an SDL auction and has been skilfully converted into a 5 bedroomed, fully licensed HMO property all with en-suites, and we understand had a projected gross rental income of £34,500 per annum.

The character town house is mostly gas centrally heated with part uPVC double glazing and in brief the flexible living accommodation consist of, entrance vestibule, entrance hall with original staircase, front sitting room with bay window, rear lounge through diner, fitted breakfast kitchen room with built-in-appliances, wet room and wc located to the rear. To the first floor split level landing there are three good sized bedrooms (one located on the lower level landing) and family bathroom. To the second floor split level landing, there is a family bathroom located on the lower level landing and to the main landing area there are two further bedrooms.

Outside to the side there is a driveway for one vehicle and to the rear an enclosed mature garden.

Excellent residential investment opportunity.

Entrance vestibule

4ft 3 x 3ft

Entrance hallway

11ft 2 x 7ft 7

Front sitting room with bay window

15ft 9 into bay x 14ft 1 into chimney recess

Rear lounge thro diner

27ft 4 x 14ft 4

Breakfast kitchen room

22ft x 9ft 5 reducing 6ft

Wet room 5ft 2 x 4ft 6
Separate Wc

5ft x 3ft 3

First floor split level landing
Bedroom three lower level

12ft 7 x 6ft 5

Bedroom one

15ft 5 into bay x 14ft 2 into chimney recess

Bedroom two

13ft 5 x 8ft 2

Main family bathroom

9ft 6 x 5ft 2

Second floor split level landing
Family bathroom lower level

8ft 9 restricted height x 6ft 1

Bedroom four

13ft 4 x 6ft 4

Bedroom five

10ft 1 x 6ft 8

Outside

To the side there is a driveway for one vehicle and to the rear an enclosed mature garden.

Flood Risk

Rivers and Seas Very Low. Surface Water Very Low.

Mobile Phone Coverage

O2, Three, EE and Vodafone are available.

Broadband (estimated speeds):

Standard 17 mbps. Superfast 74 mbps. Ultrafast 1000 mbps.

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.