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11 Howitt Street, Heanor, Derbyshire DE75 7AU

Lot no: 39 Sold Prior to Auction
 

Guide Price £68,000+ 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 March 2021

10.00am
Key Features
  • Former three bed terrace, now two bed with two bathrooms
  • Scope for significant rental increase
  • Scheme of improvement and upgrading required
  • UPVC double glazed, gas centrally heated
  • EPC Rating: D
  • Excellent buy-to-let investment opportunity
  • Popular and convenient location
  • Larger than average terraced house
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Sold Prior to Auction

Terraced House

Property Description:

A well-presented former three bedroomed (now 2 bed, 2 bathroom) traditional Victorian terraced family house with good sized rooms and a lovely private garden on a quiet, popular street.

This generously proportioned property has been improved by the addition of uPVC double glazed windows and doors, modern gas fired central heating via a Baxi Duotec HE-A 28 condensing combination boiler, a shower room & toilet downstairs plus a large family bathroom upstairs.

With no upward chain involved (the property is currently tenanted via a periodic rolling contract as the Assured Short-hold Tenancy has expired) this property will be of particular interest to anyone looking for a good sized home with lovely garden and spacious yet versatile accommodation.

Situated in a popular residential location, close to both the local bus and train stations (for easy access to Derby, Nottingham and connections to London etc.), GP surgery, dentist, leisure centre, good schools, local shops, pharmacy and other amenities such as Shipley Country Park.

This house is only for sale due to bereavement and is one not to be missed.

GROUND FLOOR:

Lounge -17'3 x 13'2 with attractive feature fire place
Dining/Sitting Room - 13'2 x 12'3
Fully Fitted Kitchen - 13'10 x 6'7 with units by Orchard Kitchens of Ilkeston comprising base, drawer and eye level units all with solid English medium oak doors, oak veneer lighting pelmets and cornices, round edged marble effect worktops, inset stainless steel sink unit, built-in electric oven, four ring gas hob and externally-vented cooker hood.
Rear Entrance Lobby with UPVC door and half-tiled walls.
Downstairs WC and Separate Shower Room with Mira shower, pedestal wash hand basin and extractor.

FIRST FLOOR:

Two Good Sized Bedrooms both with modern fitted wardrobes.
Fully Fitted Modern Family Bathroom - 12'4 x 6'7.

OUTSIDE:

Walled front courtyard garden. Lovely large rear garden accessed via the private gated side entrance.

NOTE:

The property is currently let for a modest £95 per week but rent review not undertaken since 2007 so could no-doubt could achieve much more as this is a popular area with a shortage of good rental properties available.

Council Tax

We are informed by the seller that the property falls into band A.

EPC

The seller has advised that the EPC is currently band ‘D’ with potential to achieve ‘B’. Energy Performance Data Review Report included in the Legal Pack demonstrates EPC ‘C’ rating could be achieved by simply topping up the existing loft insulation, installing low energy lighting and removing the electric focal point fires from the lounge and dining room. (The existing gas central heating system is designed to provide full comfort temperatures so no secondary electric heating is needed and could therefore be removed.

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.