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3 Peterway, Somercotes, Alfreton, Derbyshire DE55 4JQ

Lot no: 15 Sold at Auction for £79,000
 

Guide Price £69,000+ plus fees

Unconditional with Fixed FeeOn 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 a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Friday 24th May 2019

11.30am
Key Features
  • Three bedroomed semi-detached house
  • Well presented and maintained
  • Let on an AST at £520 pcm (£6,240 p.a.)
  • Location always popular with first time buyers, families and landlords
  • EPC Rating: E
  • Excellent high yield buy-to-let investment opportunity
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Sold at Auction for £79,000

Semi-detached house

Property Description:

The property is currently let on an AST producing £520 per calendar month (£6,240 per annum) and internally the well equipped living accommodation has the benefit of sealed unit uPVC double glazing, gas central heating and consists of generous sized front sitting room, inner hallway, guest cloakroom, breakfast kitchen room with built in appliances and a rear store room/utility. To the first floor landing there are three bedrooms and a family bathroom. Outside to the front the property is set back from the road behind a deep fore garden and to the rear there is a low maintenance garden with gated driveway.

The property is situated in a favoured residential location always popular with first time buyers, young families and landlords. There are excellent nearby amenities with the A38 providing swift access onto the M1 motorway and further regional business centres.

Front Sitting Room 18'

Entered by a PVC door to front, sealed unit double glazed window in uPVC frame to the front elevation, woodgrain effect laminate floor covering and staircase to first floor.

Inner Lobby

With woodgrain effect laminate floor covering, understair storage cupboard with wall mounted combination boiler. Door to rear.

Guest Cloakroom

With sealed unit double glazed window in uPVC frame to the rear elevation and affording a low level wc with wall mounted wash hand basin.

Breakfast Kitchen Room 12' x 10'5"

With sealed unit double glazed window in uPVC frame to the rear elevation. The well appointed 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. Integrated appliances comprise a stainless steel electric oven with four ring hob, chimney style fan assisted illuminated cooker hood over, woodgrain effect laminate floor covering and central heating radiator.

Rear Storage/Utility Area

Having double glazed PVC doors to the rear and tiled floor covering.

First Floor Landing

Having loft access and built in cupboard.

Bedroom One 12'6" x 10'4"

With sealed unit double glazed window in uPVC frame to the front elevation, woodgrain effect laminate floor covering and central heating radiator.

Bedroom Two 12'6" x 11'

With sealed unit double glazed window in uPVC frame to the rear elevation, woodgrain effect laminate floor covering and central heating radiator.

Bedroom Three 9'5" reducing to 7'10" x 7'6"

With sealed unit double glazed window in uPVC frame to the front elevation, woodgrain effect laminate floor covering and central heating radiator.

Family Bathroom

Having sealed unit double glazed window in uPVC frame to the rear elevation. Fitted with a modern suite in white comprising panelled bath with shower unit over and shower rail, low level wc, pedestal wash hand basin, complementary tiling to the walls, chrome laddered heated towel rail.

Outside

The property is set well back from the road with a deep fore garden which is mainly lawned with pedestrian access to the side leading to a low maintenance rear garden with driveway and decorative wrought iron gates.

Tenure:

Freehold. Subject to tenancy.


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.