Cottage
A unique and rare opportunity to acquire a particularly well-appointed two double bedroomed semi-detached property former railway keepers cottage, situated adjacent to the railway tracks.
In our opinion we estimate the rental income at £925 per calendar month (£11,100 per annum). This represents an impressive 8.7% return based on the guide price.
Internally the character accommodation has the benefit of being uPVC double glazed and gas centrally heated and in brief comprises of fitted dining kitchen with built-in-appliances, stairs, lounge, generous sized utility room and bathroom with three piece suite. To the first floor there there are two double bedrooms with far reaching countryside views.
Outside to the rear there is an enclosed courtyard, ideal for entertaining.
Etwall and Egginton are both nearby to this property. The traditional village of Etwall is a fantastic family village and has something for everyone. Also, within the village there is a park and football pitches, a cricket club, Post Office, News Agents and several pubs as well as a restaurant. The buses which run through the village provide a service which goes to other local villages as well as into Derby city centre and Burton town centre. Nearby Egginton is a beautiful, quiet and rural village. Within the village there is St Wilfreds Church, the village primary school and village hall as well as having the park and playing fields. There is easy access to major road links with the A38 and A50 both just a couple of minutes’ drive from the property and the A516 to Derby.
There is Etwall Primary School and John Port Academy within the village making it an ideal location for families.
Please be advised that whilst our joint agent has conducted an inspection, 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.
Rivers and Seas - Very low. Surface Water - Very low.
Solid brick, as built, no insulation (assumed) - Information taken from EPC.
Standard 5 mbps shows as available in this location
EE, O2, Vodaphone and Three show as available in this location.
Sky and BT show as available in this location.
Freehold. Vacant possession upon completion.
- Heating Supply: Double Glazing, Gas Central
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
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.
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