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12 Regent Street, Swadlincote, DE11 9PL

Lot no: 3 Sold at Auction for £111,000
 

Guide Price £65,000+ 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 27th May 2021

10.00am
Key Features
  • Three double bedroomed detached property
  • Set on a deep plot with off-road parking
  • Full scheme of improvement and upgrading required
  • Planning permission approved for the erection of a single dwelling, subject to demolition of existing dwelling
  • EPC Rating: G
  • Alternative schemes may well be considered
  • Popular and convenient residential location
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Sold at Auction for £111,000

Detached house

Property Description:

DRAFT DETAILS Enjoying a popular location is an attractive period three double bedroomed detached property, set on a deep plot with development potential.

The property itself requires a full scheme of improvement and upgrading and planning has been approved under South Derbyshire District Council, Reference DMPA/2020/1226 dated 20 January 2021 for the demolition of the existing building and the erection of a stylish three bedroomed detached property and in our opinion an alternative scheme may well be considered.

Internally the double glazed character accommodation consists of an L-shaped entrance hall with Minton tiled floor covering, three reception rooms, a large walk-in pantry and kitchen. To the first floor galleried style landing leads to three double bedrooms and a bathroom. Outside to the front there is a small forecourt and an adjacent driveway leads to a good sized rear garden. Excellent residential development opportunity.

The accommodation comprises:

Entrance Hall 19'1 x 14'

L Shaped with door to front and rear, double glazed window, Minton floor covering and staircase to first floor.

Lounge 13' x 11'1 into recess

With double glazed window and a marble surround fireplace. Please note there are no floorboards.

Dining Room 13'1 x 10'9 into recess

With double glazed window to front and side elevations, feature surround fireplace with fitted glazed cupboards into recess.

Breakfast Room 11'3 into recess x 11'1

With double glazed window to side elevation. Open brick built fireplace with fitted cupboard into recess.

Passageway
Large Pantry 7' x 7'9

With two double glazed windows and tiling to the floor and walls.

Kitchen 10' x 8'

Door and double glazed window along with roof light. Preparation surface, plumbing for washing machine.

First Floor:
Galleried Style Landing

With continuation of spindled ballustrade, walk in cupboard.

Bedroom One 13' x 11'1

With double glazed window, built in cupboard and ornate cast iron open fireplace.

Bedroom Two 13' x 10'8 into chimney recess

With double glazed window.

Bedroom Three 11' into recess x 11'

With double glazed window and ornate cast iron fireplace.

Bathroom

With double glazed window and comprising a bath and low level wc.

Outside

To the front there is a small forecourt and a driveway to the side leads to a very generous sized rear garden that may have development opportunity.

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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