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54 Riber Avenue, Somercotes, Alfreton, Derbyshire DE55 4LL

Lot no: 16 Sold at Auction for £69,000
 

Guide Price £65,000+ 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
  • Two double bedroomed semi-detached house
  • Well presented and maintained throughout
  • Let on an AST at £495 pcm (£5,940p.a.)
  • Excellent high yield buy-to-let investment opportunity
  • EPC Rating: D
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Sold at Auction for £69,000

Semi-detached house

Property Description:

The property is currently let on an AST producing £495 per calendar month (£5,940 per annum) and internally the well appointed living accommodation has the benefit of sealed unit uPVC double glazing, gas central heating and consists of generous sized front sitting room measuring 17'10" x 12'6", a full width kitchen diner measuring 17'10" in length with built in appliances and a rear lean-to incorporating a brick built store room. To the first floor landing there are two genuine double bedrooms and a family bathroom with three piece suite. Outside the property is situated on a prominent corner plot position with gardens to the front and rear along with hardstanding also located to the rear.

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 17'10" x 12'6"

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 central heating radiator.

Full Width Kitchen Diner 17'10" x 9'4"

With sealed unit double glazed window in uPVC frame to the rear elevation and door to rear. The well appointed modern 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 comprises a stainless steel electric oven with four ring hob, chimney style fan assisted illuminated cooker hood over, wall mounted boiler and central heating radiator.

Lean-To

Incorporating a brick built store.

First Floor Landing

With built in cupboard, loft access and central heating radiator.

Bedroom One 18' reducing to 14'9" x 9'2"

With sealed unit double glazed window in uPVC frame to the front elevation, woodgrain effect laminate floor covering and central heating radiator. In our opinion we feel there is potential for an en-suite shower room subject to the usual building regulations.

Bedroom Two 12'6" x 9'

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

Family Bathroom

With sealed unit obscure double glazed window in uPVC frame to the rear elevation. Fitted with a modern three piece suite in white comprising a panelled bath with mixer tap, shower attachment, shower screen, low level wc, pedestal wash hand basin, complementary tiling to the walls, extractor fan and central heating radiator.

Outside

The property is situated on a corner plot position with fore garden and side pedestrian access leading to a low maintenance rear garden with hard standing space.

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.