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74 Abingdon Street, Derby DE24 8FZ

Auction Event
 

Guide Price £55,000+ 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 31st July 2025

9.00am
Key Features
  • Council Tax Band: A
  • Superb freehold residential investment opportunity
  • Two double bedroom palisaded mid-terraced property
  • UPVC double glazed and gas centrally heated
  • Larger than average first floor accommodation
  • Potential for loft conversion subject to planning
  • Conveniently positioned for Rolls Royce and Pride Park
  • Estimated rental income of £800 per calendar month (£9,600 per annum)
  • EPC Rating: Awaited
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Terraced House

Property Description:

***Superb freehold residential investment opportunity***

Conveniently positioned for Pride Park and Rolls Royce is a well presented, palisaded two double bedroomed mid-terraced property with first floor accommodation arranged over the shared passageway.

Constructed of traditional brick set beneath a pitched tiled roof with replacement roof clad, the uPVC double glazed and gas centrally heated living accommodation in brief comprises of lounge, inner lobby with understairs storage, separate dining room with enclosed stairs and fitted kitchen with open pantry off. To the first floor passaged landing there are two larger than average double bedrooms with a spacious bathroom having three piece suite in white with shower. Bedroom one could be divided into two smaller bedrooms, subject to building regulations.

In our opinion there is significant potential for a loft conversion, subject to obtaining the necessary planning and building regulations.

Outside to the front there is small fore-court and gated shared pedestrian access to the side leads to an enclosed low maintenance rear garden with two brick built outbuildings (WC and potting shed).

The property is situated within the context of an established and strong letting location, surrounded by similar style properties. Derby city centre and the train station are both within a short commute.

Lounge

11ft 5 into chimney recess x 11ft 5

Inner Lobby

With understairs storage.

Separate Dining Room

12ft 3 x 11ft 4 into chimney recess

Fitted Kitchen

9ft x 6ft 8

Small Pantry

4ft 9 x 2ft 7

First Floor Passaged Landing

15ft 6 x 2ft 9

Bedroom One

15ft 2 x 11ft 4 - Please note this room could be divided to form two bedrooms, subject to building regulations.

Bedroom Two

12ft 3 x 11ft 6

Spacious Bathroom

10ft 6 x 8ft 5

Outside

Small fore-court to the front. Gated shared side pedestrian access leads to an enclosed low maintenance rear garden with two brick built outbuildings (WC and potting shed).

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 and 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 fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of 1.2% of the purchase price (subject to a minimum 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.