Terraced House
DRAFT DETAILS
Grade II Listed, two double bedroomed terraced cottage, located in the sought after village of Cromford. This stone built character cottage is arranged over three floors and briefly comprises lounge and kitchen to the ground floor, one double bedroom and bathroom to the first floor and a second double bedroom to the second floor. There is a handy outdoor store and a large workshop to the rear of the property, alongside a lovely rear garden with lawned section and a patio area with spectacular countryside views! On-road parking is just a two minute walk away on either Barnwell Lane or Tor View Rise. Some modernisation is required but this property had huge potential! No Upward Chain.
DUE TO THE NATURE AND TIMESCALES OF THIS SALE, WE ARE INVITING VIEWERS WHO ARE CASH BUYERS ONLY.
Council Tax Band - B
The property is accessed from the pavement, via a small forecourt and directly to the front entrance wooden door. This opens straight into the:
A good sized room with a front aspect single glazed window overlooking The Hill. With a brick built fireplace with cast iron fire, small under-stairs cupboard and a wooden door which opens to an enclosed staircase. A second wooden door leads into the:
A fully tiled room with a rear aspect, single glazed window and rear aspect door overlooking and providing access to the rear garden. Fitted with matching white wall and base units, roll edged worktops and a stainless steel sink. There's space and
plumbing for a washing machine and further space for a freestanding fridge/freezer.
The enclosed staircase leads to the first floor landing area where a wooden door opens to:
A good sized double bedroom with a front aspect single glazed window, under-stairs storage cupboard and further fitted cupboard which houses the hot water cylinder. A wooden door opens into the:
A fully tiled room with a rear aspect single glazed window with obscure glass and a Velux roof window providing further natural light. Fitted with a three piece suite consisting of white panelled bath, dual flush WC and pedestal wash hand basin. There is a wooden panelled ceiling and a handy storage cupboard.
From the first floor landing area, a second staircase leads to wooden door and straight into:
A second double bedroom with a front aspect single glazed window and wooden storage box which houses the cold water tank. A wooden door opens to a good sized storage cupboard which could be converted into a separate WC if desired.
The property benefits from a small forecourt, ideal for a garden bench or some potted plants and a lovely rear garden which can only be accessed through the house. From the kitchen, direct access is given to a small courtyard where there's a handy outdoor store (0.91m x 1.68m) which is likely to have been an outdoor WC previously. This store could easily be converted back to a WC or into a Utility Area. Stone steps lead past a timber shed which has power and light and to more steps which lead to the top garden tier. Here there is a lawned area with bordering stone walls and hedgerow and a quaint patio area with the most spectacular roof top countryside views. From here there is also a:
With power and light and a front aspect window. This building is ideal for a workshop or for storage purposes. It also has the potential for a home office or summer house renovation.
Freehold. Vacant possession upon completion.
Viewings:
To book a viewing, please contact SDL Property Auctions to arrange.
Auction Method:
The auction for this property will take place as an "Auction Event" behind closed doors with a live auctioneer and will be streamed online in real-time. The property will be sold alongside several other lots. Bids must be placed remotely please see the below section on "Registration Process". The auction can be watched in real-time on the auction date through SDL Property Auctions' website on their home page.
The auction date applicable for the property is displayed underneath the property description. It is not possible to provide a precise timeslot when this property will be auctioned on the day, because there are other lots being sold.
You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed.
When you place your bid, you are deemed to have agreed to SDL Property Auctions' Buyers Terms (England & Wales) which are available on SDL Property Auctions website.
Auction type - Unconditional with Variable Fee
If you are the highest bidder, you must exchange legally binding contracts for the sale when the auction for the property comes to an end. You must then pay the applicable fees and deposit. You must complete the sale within 15 business days unless the Special Conditions of Sale contained within the Legal Pack state otherwise.
Auction Fees
The following non-refundable fees apply:
Buyer's Fee- payable on exchange of contracts. This is calculated as a percentage of the actual purchase price of the property. Either:
(a) 4.8% (including VAT) of the purchase price, for properties up to and including £250,000
(b) 3.6% (including VAT) of the purchase price for properties sold for over £250,000
The Buyer's Fee is subject always to a minimum of £6,000 (including VAT). The Buyer's Fee does not contribute to the purchase price.
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 Special Conditions carefully before bidding. Any additional fees are included at the seller's discretion, not on the instruction of SDL Property Auctions, and will be in addition to any fees payable to us. SDL Property Auctions has limited control over the content of the Special Conditions of Sale.
Deposit
On exchange of contracts, you must pay a non-refundable deposit equal to 5% of the actual purchase price of the property, subject to a minimum of £5,000. The deposit contributes towards the purchase price.
Payment Method:
Applicable fees must be paid immediately after a winning bid has been placed. Payment by cash or cheque will not be accepted. Prior to the auction, you will receive an email from the auctioneer to register your card details with third-party provider, Stripe. Your card details will be stored on their secure online payment platform. Payment will only be taken from you in the event of a winning bid. In this case, you will be contacted by a representative of the auctioneer to make payment. If you cannot be contacted within 24 hours after the auction ends, the auctioneer reserves the right to charge your card.
Legal Pack
Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate.
The legal pack can be viewed on SDL Property Auctions website by searching for the property. On the property details page there is a sub-heading "Legal Packs". Follow this link, and you will then be directed to create an account with Auction Passport to view the documents.
The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. An addendum may be issued outlining any late changes. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale.
It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.
Special Conditions of Sale
The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property - they are not part of SDL Property Auctions' terms and conditions. The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.
Registration Process:
To register to bid on the property, visit the SDL Property Auctions website and submit your remote bid. The lot number can be found against the Lot Details of the property. Prospective buyers must register no later than 12pm the day before the auction date. If you register after the cut-off, it cannot be guaranteed that your registration will be processed.
