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30 Gerard Street North, Derby, Derbyshire DE1 1NZ

Lot no: 32 Sold at Auction for £86,000
 

Guide Price £59,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Friday 13th December 2019

11.30am
Key Features
  • Two bedroomed mid-terraced property
  • Conveniently positioned for the city centre
  • Double glazed, gas centrally heated
  • Scheme of improvement and upgrading required
  • EPC Rating: D
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Sold at Auction for £86,000

Terraced House

Property Description:

Conveniently positioned for the city centre is a two bedroomed mid-terraced property which requires improvement and upgrading.

Internally the double glazed, gas centrally heated living accommodation consists of entrance hall, lounge, separate dining room and fitted kitchen. To the first floor landing there are two well proportioned bedrooms and a bathroom. Outside to the rear there is an enclosed garden. Excellent buy-to-let investment opportunity.

Entrance Hall

Having uPVC entrance door.

Lounge 3.7m x 3.5m max

Having double glazed window, gas fire and radiator.

Dining Room 3.72m x 3.62m

Having double glazed window and radiator.

Kitchen 3m x 2.21m

Having double glazed window, wall and base units, radiator, gas combi boiler, access to cellar and wooden door giving access to rear.

First Floor Landing

Having storage cupboard.

Bedroom One 3.7m x 4.56m max

Having double glazed window and radiator.

Bedroom Two 3.72m x 2.84m

Having double glazed window and radiator.

Bathroom 3m x 2.21m

Having double glazed window. Fitted with a three piece suite comprising bath, wash hand basin and wc. Radiator.

Outside

Yard area to rear.

VIEWINGS

Viewings are via joint agent Century 21 - 01332-242923

Tenure:

Freehold.


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 Variable Fee (England and Wales).

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 fees apply:

  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

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 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.