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31B Loscoe Road, Heanor, DE75 7FF

Lot no: 6 Sold at Auction for £93,500
 

Guide Price £50,000+ 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.

Thursday 29th April 2021

10.00am
Key Features
  • Very appealing two double bedroomed Edwardian property
  • Driveway with parking for two vehicles and single detached garage located to the rear of the property
  • Comprehensive scheme of improvement and upgrading required
  • Large uPVC double glazed conservatory
  • EPC Rating: F
  • Potential to convert to three bedrooms (stpc)
  • Excellent buy-to-let investment opportunity
  • Offered with immediate vacant possessions
  • Situated in the context of an established and convenient residential location
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Sold at Auction for £93,500

Terraced House

Property Description:

A particularly attractive two double bedroomed palisaded Edwardian property having the unusual benefit of parking for two vehicles to the rear along with a single detached garage.

The property offers well proportioned living accommodation with two double bedrooms and in our opinion offers potential to convert into three bedrooms subject to the usual planning consent and building regulations. Internally the character accommodation has the benefit of uPVC double glazing (where stated) and in brief comprises entrance lobby, front sitting room with lobby and staircase to first floor and door to cellar, separate dining room, kitchen and a conservatory measuring 18'9" in length x 8'3". To the first floor galleried landing there are two genuine double bedrooms and a spacious family bathroom with three piece suite. Outside to the front there is a small forecourt and to the rear an enclosed garden offering a high degree of privacy with outbuildings including a wc and laundry room and access through to the garage and driveway. The garden also enjoys a south-westerly aspect.

The property is situated in the context of an established residential location conveniently positioned for Tesco supermarket and Heanor town centre and close to Howitt Primary Community School. Excellent freehold investment opportunity.

Entrance Lobby

Entered by a part obscure double glazed PVC door to front.

Front Sitting Room 14' into bay x 14'7"

Please note this is an irregular shaped room. With uPVC double glazed window to the front elevation, feature fireplace, two recessed alcoves with shelving.

Inner Lobby 14'1" x 8'6"

Please note this is an irregular shaped room. With door to cellar, useful understair storage cupboard and staircase to the first floor galleried landing.

Separate Dining Room 13'2" x 11'11"

Please note this is an irregular shaped room. With sash window to the rear, feature fireplace with gas point.

Kitchen 10'2" x 7'5"

Please note this is an irregular shaped room. With sash window to the rear, sink with base units and door leading through to the conservatory.

UPVC Double Glazed Conservatory 18'9" x 8'3"

Please note this is an irregular shaped room.

First Floor Galleried Landing

Leading to -

Bedroom One 14'5" into chimney recess x 14'into box bay

Please note this is an irregular shaped room. With uPVC double glazed window to the front elevation and ornate cast iron open fireplace.

Bedroom Two 13'1" x 10'5"

Please note this is an irregular shaped room. With uPVC double glazed window to the rear elevation, floor-to-ceiling fitted wardrobes and ornate cast iron open fireplace.

Bathroom 13'3" x 6'10" maximum

Please note this is an irregular shaped room. With uPVC double glazed window to the rear elevation. Fitted with a three piece suite comprising panelled bath with vanity wash hand basin, low level wc, tiling to the walls.

Note

In our opinion the first floor accommodation could potentially be re-configured to provide three bedrooms subject to the usual planning and building regulations.

Outside

To the front there is a small forecourt and to the rear there is an enclosed private garden enjoying a south-westerly aspect with two brick built outbuildings consisting of a wc and laundry room. There is a tarmacadam driveway located off Allandale Road with car standing space for comfortably two vehicles and leads to the Detached Garage measuring 18'6" x 8'2".

Occupancy

Vacant.

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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