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18 Pingle Farm Road, Newhall, Swadlincote, Derbyshire DE11 0QZ

Lot no: 122 Sold at Auction for £124,000
 

Guide Price £110,000+ 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 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 29th April 2021

10.00am
Key Features
  • Large plot
  • Potential building plot (stpc)
  • Three bedrooms
  • Ideal buy-to-let
  • EPC Rating: D
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Sold at Auction for £124,000

End of terrace house

Property Description:

A three bedroomed end-town house standing on a large plot.

Potential for a BUILDING PLOT subject to planning permission. Alternatively excellent scope for extension to the main house, garage space, ample parking or larger gardens.

The property benefits from gas central heating and uPVC double glazing but now requires slight modernisation.

Well placed for local amenities including shops, pubs and local schooling. A great investment with an estimated rental value of £750 per calendar month / £9,000 per annum.

Reception Hallway

With stairs to first floor.

Lounge / Diner 5.30m x 3.73m

With window to the front and side aspect and radiator.

Kitchen 3.50m x 3.22m

With base and wall units, integrated oven, hob and extractor hood, sink unit, radiator, understairs cupboard and window and door to the rear.

Conservatory / Utility 2.62m x 1.60m

Being of brick and uPVC construction, with door to gardens and door to toilet.

Cloakroom / WC

With low flush wc and window.

First Floor Landing

Leading to -

Bedroom One 3.76m x 2.84m

With radiator, built in wardrobes and window to the front.

Bedroom Two 3.22m x 2.93m

With radiator, built in wardrobes and window to the rear.

Bedroom Three 2.37m x 2.81m

With radiator and window to the front.

Shower Room

With a recently refitted modern suite comprising large walk in double shower cubicle, low flush wc and wash hand basin. Part tiled walls, radiator and two windows to the rear aspect.

Outside

An extremely large plot offering scope for development subject to planning. Garden to the front and large gardens to the side offering ample parking. Enclosed rear garden with patio seating area. Integral store with wall mounted Worcester combi boiler. This store could be turned into a utility room / office with an internal door to the reception hallway of the house.

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 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.

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