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142 Osmaston Road, Derby, DE1 2RF

Lot no: 7 Sold at Auction for £242,000
 

Guide Price £145,000+ 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 the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 25th February 2021

10.30am
Key Features
  • Very imposing and attractive three storied Victorian town house with detached coach house to the rear
  • Character accommodation with five double bedrooms
  • Comprehensive scheme of improvement and upgrading required
  • Overlooking the new Nightingale Quarters development
  • EPC Rating: E
  • Distinct potential to convert to HMO property or flats (stpc)
  • Offered with immediate vacant possession
  • Situated within walking distance of Intu shopping centre and city centre
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Sold at Auction for £242,000

Town house

Property Description:

A particularly attractive and very imposing stone built five double bedroomed Victorian town house with coach house to the rear set well back from the road and overlooks the new Nightingale Quarter development close to the city centre.

The character accommodation requires a comprehensive scheme of improvement and upgrading and has distinct potential to convert to a HMO property or self-contained flats subject to the usual planning consents.

Internally the part uPVC double glazed and mostly gas centrally heated living accommodation consists of entrance vestibule, passaged hallway with original staircase to first floor, a front sitting room measuring 19'1" into bay x 14'1", separate dining room with access through to a lean-to, breakfast room, fitted kitchen with guest cloakroom/shower room and a double glazed conservatory. To the first floor split level landing there are two double bedrooms, a spacious bathroom and separate wc. To the second floor split level landing there are three further double bedrooms with roof top views across Derby. The property is set nicely back from the road behind a stone built wall with a neat fore-garden and to the rear there is a good sized enclosed garden with a detached two storey coach house with roller shutter door with integral garage which lends itself to residential conversion subject to the usual planning consents. The coach house is accessed from a private road located from off Leonard Street which is situated a few yards from the property.

The property is situated in the context of an established residential location and is offered for sale at a very attractive guide price and will surely appeal to local and national investors. Excellent freehold residential investment opportunity.

Entrance Vestibule

Entered by double door to front.

Passaged Hallway

Entered by an obscure glazed door, door to cellar, two central heating radiators and original staircase to first floor.

Formal Front Sitting Room 19'1" into bay x 14'1"

With bay uPVC double glazed window to the front elevation, original ornate marble fireplace, decorative coving to ceiling with ornamental rose and central heating radiator.

Separate Dining Room 15'3" x 12'5" into recess

With double glazed doors leading through to the lean-to, feature fireplace, original fitted glazed polished cupboards, barley weave set into the chimney recess and central heating radiator.

Breakfast Room 13' into chimney recess x 10'10"

With central heating radiator and obscure glazed door leading through to the kitchen.

Kitchen 17'10" maximum x 10'9"

With two uPVC double glazed windows to the side elevation, door leading through to the conservatory. The fitted kitchen comprises a range of wall mounted cupboards with matching base units, drawers, preparation surface, sink and drainer, cooker point and central heating radiator.

Double Glazed Conservatory

With tiled flooring and doors leading out onto the garden.

First Floor Split Level Landing

To the lower part of the landing there is a -

Spacious Family Bathroom 14'1" x 11'6"

With two windows to the rear, panelled bath, pedestal wash hand basin, fitted cupboards with boiler, central heating radiator, tiling to walls.

Separate WC

Affording a low level wc.

Principal Bedroom 19'3" into chimney recess x 13'7"

With two uPVC double glazed windows to the front elevation, fitted wardrobes, moulded coving to ceiling with ornamental rose and central heating radiator.

Bedroom Two 12'4" x 12'

With window to rear and central heating radiator.

Second Floor Split Level Landing

Leading to -

Lower Bedroom Three 16'4" x 11'

With uPVC double glazed window to rear and side elevation and central heating radiator.

Second Floor Landing

Leading to -

Bedroom Four 19'3" into wardrobe x 14'1"

With two uPVC double glazed windows to front elevation with views across Derby, built in wardrobes and storage heater.

Bedroom Five 12'3" into chimney recess x 12'

With uPVC double glazed window to rear elevation and storage heater.

Outside

The property is set well back from the road on a deep rectangular plot with a fore garden behind a stone built wall and path leading to the front door. Immediately to the rear there is a good sized enclosed garden enjoying a westerly aspect with patio area, lawn, flower beds and a two storey detached coach house located to the rear of the garden with power and lighting, pitched roof and roller shutter door. The coach house certainly lends itself to residential conversion subject to usual planning consents. Access to the coach house is from Leonard Street via a private shared driveway.

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 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.

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