An excellent investment opportunity, to acquire a terrace of four cottages, located within a conservation area, close to the centre of Ilkeston and amenities. The properties are all of a two-storey, two-bedroomed, design, with three vacant, and one subject to an assured shorthold tenancy (AST) agreement. They all have the benefit of gas central heating and uPVC double glazing.
No. 1 is an end-terraced briefly comprising of lounge, lobby, dining room, kitchen, two bedrooms, and shower room - Currently vacant.
No. 2 is a mid-terraced briefly comprising of lounge, dining room, kitchen, two bedrooms, and bathroom - Currently subject to an Assured shorthold Tenancy at £425 per calendar month (£5,100 per annum).
No. 3 is a mid-terraced briefly comprising of lounge, lobby, dining room, kitchen, two bedrooms, and bathroom - Currently vacant.
No. 4 is an end-terraced briefly comprising of entrance hall, lounge, dining room, kitchen, two bedrooms, and bathroom - Currently vacant.
To the rear of the properties are communal yards, and various outbuildings.
LOCATION:
Bourne Cottages are located within a conservation area, within minutes walking distance of Ilkeston town centre and a comprehensive range of amenities to include, day-to-day shopping, doctors and dentist surgeries, places of worship, hair and beauty salons, eateries, public houses, schooling, and recreational facilities.
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Having the benefit of gas central heating and uPVC double glazing, the accommodation comprises -
Comprising -
Having uPVC double glazed entrance door, two uPVC double glazed windows and central heating radiator.
Having understairs store.
Having door to the stairs, central heating radiator and built-in cupboards.
Having fitments comprising two double base units, two single wall units, and two double wall units, together with stainless steel sink unit with single drainer, work surface area with tiled splashback, uPVC double glazed door and window to the side and central heating radiator.
Providing access to the rooms.
Having uPVC double glazed window, central heating radiator and built-in cupboard.
Having built-in wardrobe, central heating radiator, uPVC double glazed window and door opening to the -
Having suite comprising low-level wc, pedestal wash hand basin and shower area with electric shower unit, together with uPVC double glazed window.
We understand the property to be let on an Assured Shorthold Agreement at £425 per calendar month (£5,100 per annum). Interested parties are advised to inspect the legal pack in this regard prior to bidding. Comprising -
Having uPVC double glazed entrance door, uPVC double glazed window, fitted gas fire on tiled hearth (not tested) and central heating radiator.
Having understairs store.
Having door to the stairs, fitted gas fire (not tested), built-in cupboard, central heating radiator and door to the -
Having basic fitments, stainless steel sink unit with single drainer, uPVC double glazed door and window to the side, and wall mounted Baxi gas-fired combination boiler providing domestic hot water and central heating.
Having doors off to all rooms.
Having uPVC double glazed window, central heating radiator and built-in cupboard.
3.51m x 3.33m (11ft 6 x 10ft 11) - Having uPVC double glazed window, central heating radiator and door to the -
3.07m x 1.70m (10ft 1 x 5ft 7) - Having white suite comprising low-level wc, pedestal wash hand basin and panelled bath, together with cupboard, central<br>heating radiator and uPVC double glazed window.
Comprising -
Having uPVC double glazed door, uPVC double glazed window and central heating radiator.
Having understair store.
Having uPVC double glazed window, central heating radiator and door to the stairs to the first floor.
Having grey fitments comprising one double base unit, two single base units and two single wall units, together with integrated electric oven, stainless steel sink unit with single drainer, uPVC double glazed door and uPVC double glazed window.
Giving access to -
Having uPVC double glazed window and central heating radiator.
Having built-in wardrobe, central heating radiator and uPVC double glazed window.
Having white suite comprising of low-level WC, pedestal wash hand basin and panelled bath with electric shower unit over, together with central heating radiator and uPVC double glazed window.
Comprising -
Having uPVC double glazed entrance door, uPVC double glazed side window, understairs store and central heating radiator.
Having two uPVC double glazed windows to the front and central heating radiator.
Having uPVC double glazed window, central heating radiator and built-in cupboards.
Having white fitments comprising two double base units and one double wall unit, together with stainless steel sink unit with single drainer and uPVC double glazed window and side door.
Leading to -
Having uPVC double glazed window, built-in cupboard and central heating radiator.
Having uPVC double glazed window, central heating radiator and door to the -
Having white suite comprising of low-level WC, pedestal wash hand basin and panelled bath, together with central heating radiator and uPVC double glazed window.
Of brick construction and housing gas-fired combination boilers providing domestic hot water and central heating to numbers 1, 3 and 4 Bourne Cottages.
We have been made aware this property is in a conservation area. Prospective buyers are advised to make all necessary independent enquiries prior to bidding, as any bid made will be binding.
Each property is banded A for Council Tax purposes.
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.
These sales details are awaiting vendor approval.
Freehold. Part let/part vacant.
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.