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12 Merchant Street, Derby, DE22 3AN

Lot no: 9.0 Sold at Auction for £74,000
 

Guide Price £69,000 plus fees


Thursday 21st July 2016

12.00am
Key Features
An appealing two bedroomed mid-terraced property situated within a short walking distance of local park, the fashionable Friar Gate area of Derby and the City centre.
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Sold at Auction for £74,000

Mid-terraced House

Property Description

FOR SALE BY AUCTION: THURSDAY 21st JULY 2016.

AT IPRO STADIUM, DERBY.

COMMENCING AT 11.30 AM.

DRAFT DETAILS ONLY.

Located just off the popular Ashbourne Road area of Derby is an appealing two bedroomed mid-terraced property situated within a short walking distance of local park, the fashionable Friar Gate area of Derby and the City centre.  Constructed of traditional brick beneath a pitched tiled roof, the internal accommodation has the benefit of sealed unit uPVC double glazing, gas central heating and consists of side entrance lobby with staircase to first floor, lounge, separate dining room and fitted kitchen.  To the first floor there are two good sized double bedrooms and a bathroom with three piece suite and shower.  To the rear of the property there is a good sized enclosed garden.

The property occupies a well regarded location popular with first time buyers and landlords. It is also situated within easy reach of the A38 which provides swift access onto the A50, Burton and further regional business centres.

Side Entrance Lobby
With staircase to first floor.

Lounge 11'3" into chimney recess x 10'4"
With sealed unit double glazed window in uPVC frame to the front elevation, television aerial lead, central heating radiator.

Dining Room 11'3" into chimney recess x 10'10"
With sealed unit double glazed window in uPVC frame to the rear elevation, useful understair storage cupboard and central heating radiator.

Kitchen 8'3" x 5'1"
With sealed unit double glazed window in uPVC frame to the rear elevation.  The fitted kitchen comprises a range of wall mounted cupboards with matching base units, drawers, preparation surface, stainless steel sink and drainer, splashback tiling, cooker point, plumbing for washing machine and wall mounted boiler.

First Floor -

Bedroom One 15' x 13'10" maximum
With sealed unit double glazed window in uPVC frame to the front elevation and central heating radiator.

Bedroom Two 11'3" into chimney recess x 10'11"
With sealed unit double glazed window in uPVC frame to the rear elevation and central heating radiator.

Bathroom 7'1" x 8'2"
With sealed unit obscure double glazed window in uPVC frame to the rear elevation.  Fitted with a three piece suite comprising a panelled bath with shower unit over and shower rail, low level wc, pedestal wash hand basin, complementary tiling to the walls and central heating radiator.

Outside
To the side of the property there is a shared passageway providing access to the good sized enclosed mature rear garden.

Directions
Proceeding out of Derby from the Friar Gate area (A52) at the first set of traffic lights continue straight on along Ashbourne Road. At the Ashgate Primary School turn immediately right onto Merchant Street and the property will be located on the left hand side as clearly denoted by our auction for sale board.

Tenure
Freehold. Vacant possession on completion.

Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not.  Any questions relating to them must be raised prior to 11.30am.  Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn. 

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Note
Prospective purchasers will need to register within the auction room before the sale commences.  Two items of identity will be required together with an indication of how a contractual deposit will be paid.  We do not take cash deposits.

The sale of each lot is subject to a buyers fee of £750 (inc VAT) payable on exchange of contracts.

*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.sdlgrahampenny.co.uk/glossary

FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE

WWW.SDLGRAHAMPENNY.CO.UK

Feature 1

Two bedroomed mid-terraced property

Feature 2

Located just off Ashbourne Road and short walk to local park and Friar Gate

Feature 3

Handy for City centre and A38

Feature 4

Excellent investment opportunity

Feature 5

EPC Rating: E

Tenure: