Mixed Use
The property requires a scheme of improvements and in brief comprises a shop front with steps leading through to a dining room and fitted kitchen. Part of the first floor accommodation is arranged over the shared passageway and comprises of two genuine double bedrooms and a bathroom. Outside the shared passageway leads to an enclosed rear garden.
The property is surrounded by similar style properties which are always popular with first time buyers, landlords and represents a superb investment opportunity offering excellent potential.
With door and window to front in need of refurbishment and steps leading through to the dining room.
With gas fire, staircase to first floor and double glazed window to rear elevation.
With sealed unit double glazed window in uPVC frame to the rear and side elevation. The fitted kitchen comprises a range of wall mounted cupboards with matching base units, drawers, preparation surface, stainless steel sink and drainer with mixer tap and splashback tiling. There is an integrated cooker, plumbing for washing machine and wall mounted gas heater.
With loft access. Please note, part of the first floor accommodation is arranged over the passageway.
With two sealed unit double glazed windows in uPVC frame to the front elevation.
With sealed unit double glazed window in uPVC frame to the rear elevation and airing cupboard.
With sealed unit double glazed window in uPVC frame to the rear elevation. Fitted with a three piece suite in white comprising a panelled bath, low level wc, pedestal wash hand basin and complementary tiling to the walls.
Shared passageway to the side leading to an enclosed low maintenance rear garden.
Proceeding out of Derby City centre along Abbey Street, at the traffic lights turn right onto Burton Road (A5250). At the next set of traffic lights for Derby’s inner ring road turn left onto Warwick Avenue (A5111). At the next traffic island continue straight on onto Kenilworth Avenue and at the next set of traffic lights turn left onto Balaclava Road and the property will be situated on the right hand side as denoted by our auction for sale board.
Freehold. Vacant possession upon completion.
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
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 auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
The Buyer’s 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
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.
