Terraced House
This is a fantastic investment opportunity. This traditional mid-terraced house features two double bedrooms and, while it requires some upgrading, it offers significant potential with its spacious rooms, a garage at the rear, and a good-sized garden.
The accommodation briefly includes: a lounge, a kitchen, two double bedrooms, and a bathroom that is easily accessible. The rear garden is laid to lawn and includes a patio area.
In Somercotes, you will find local amenities such as a late-opening Co-op, a general store, bus routes, a chemist, a medical canter, a play park, fast food outlets, a public house, and a primary school. The M1/A38 can be accessed at junction 28, providing routes to nearby centres including Nottingham, Derby, Mansfield, and Chesterfield. Just off the A38n is The East Midlands Designer Outlet, which offers retail opportunities, restaurants, and coffee shops.
These sales details are awaiting vendor approval.
Freehold. Vacant possession upon completion.
- Heating Supply: Double Glazing, Gas Central
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
Garage, Off 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.
