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6 Denewood Crescent, Nottingham, Nottinghamshire NG8 3DA

Lot no: 2 Auction Event
 

Guide Price £50,000+ 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 July 2024

9.00am
Key Features
  • Council Tax Band: A
  • Three Bedroom Mid Terrace Property
  • In need of refurbishment
  • 18ft Breakfast Kitchen
  • 18ft Lounge / Diner
  • Upstairs bathroom and Downstairs utility room
  • Front and Rear Gardens with potential for multi vehicle off road parking
  • Popular residential location
  • EPC Rating: D
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Terraced House

Property Description:

A vacant freehold, three bedroom mid terrace property requiring modernisation and located in a popular residential location.

This property has huge potential to add value once renovated and briefly comprises of a Lounge/ Diner, Breakfast kitchen with Utility room and storage on the ground floor, upstairs there are three good sized bedrooms and a bathroom with separate WC. The plot is extremely generous with gardens to the front and rear but could have multi vehicle off road parking once the necessary consents have been applied for.

The property once renovated could also provide a handsome return on investment if rented out, as there is high demand locally for rental properties making this an excellent BTL proposition.

There are a wide range of local amenities locally and excellent transport links.

Viewings are available and it is highly recommended to book early as this property is anticipated to generate a lot of interest.

There is also a walkthrough video which can be accessed by clicking on the virtual tour.

Accommodation:
Entrance Hall, Rear Hall and Landing
Lounge / Diner - 18ft 4 x 10ft 10
Breakfast Kitchen - 18ft 4 x 8ft 2
Utility Area - 7ft 3 x 6ft 1
Bedroom One - 14ft 6 x 10ft
Bedroom Two - 11ft 1 x 10ft
Bedroom Three - 8ft 3 x 8ft 3
Bathroom with separate WC
Additional Information:

Construction Material: Standard brick. Heating: TBC. Coverage: Broadband - Standard, Ultrafast and Superfast is available in this location. Mobile signal - O2, Vodafone, EE and Three show as high in this area. Satellite and Cable - BT, Sky and Virgin show as available.

Note

Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Tenure:

Freehold. Vacant possession upon completion.


Utilities Information
  • Heating Supply: Gas
  • Electric Supply: Mains Supply
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply
Parking Arrangements

On Street



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.
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