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87 Swarkestone Drive, Littleover, Derby DE23 2PD

Auction Event
 

Guide Price £120,000+ plus fees

UnconditionalOn 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 the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 29th May 2025

9.00am
Key Features
  • Council Tax Band: A
  • Well-appointed three bedroomed mid-town house
  • UPVC double glazed and gas centrally heated
  • Previously let at £975 per calendar month (£11,700 per annum)
  • Potential yield of 9.75% based on the guide price
  • Full width dining fitted kitchen with built-in-appliances
  • Three piece bathroom suite in white with shower
  • Non-standard construction property
  • EPC Rating: C
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Terraced House

Property Description:

A potential high yielding freehold residential investment opportunity, to acquire a well-appointed, ex-local authority non-standard construction, three bedroomed mid-town house, occupying a popular and convenient residential location.

Offered for sale with immediate vacant possession, the property was previously let at £975 per calendar month (£11,700 per annum). If the property were to be re-let at the previous income, this would represent an impressive 9.75% return based on the guide price.

Internally the well proportioned living accommodation has the benefit of being uPVC double glazed and gas centrally heated and in brief comprises of entrance hall with stairs, front sitting room, full width dining kitchen with built-in-appliances, rear lobby with access to the brick built outbuilding. To the first floor landing there are three bedrooms and a family bathroom with three piece suite in white with shower.

Outside to the front there is hard standing space and shared access to the side leads to an enclosed and easy to manage garden enjoying a southerly aspect.

Entrance Hall

12ft x 5ft 8

Front Sitting Room

12ft 5 into chimney recess x 12ft 1

Full Width Dining Kitchen

18ft 3 x 8ft 6

Rear Lobby

4ft 8 x 3ft 9

Adjoining Brick Built Outbuilding

9ft 7 x 5ft 5

First Floor Landing

6ft 1 x 5ft 8

Bedroom One

12ft x 11ft 5 into chimney recess

Bedroom Two

11ft 9 into wardrobe x 9ft

Bedroom Three

8ft 6 x 7ft 8

Family Bathroom

8ft 5 x 5ft 3

Outside

Hard standing space to the front. Shared access to the side leads to an enclosed and easy to manage garden enjoying a southerly aspect.

Flood Risk

Rivers and Seas - Very low. Surface Water - Very low.

Building Construction

System built, with internal insulation - Information taken from EPC.

Broadband (estimated speeds)

Standard 6 mbps, Superfast 54 mbps and Ultrafast 1800 mbps show as available in this location

Mobile Signal

EE, O2, Vodaphone and Three show as available in this location.

Satellite and Cable TV Availability

Sky, Virgin and BT show as available in this location.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Vacant possession upon completion.


Utilities Information
  • Heating Supply: Double Glazing, Gas Central
  • 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 under an Unconditional sale type.

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 (subject to a minimum of £6,000 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.