Detached house
The Old School House is located along Nottingham Road in Somercotes.
The property comprises a detached two storey, three bedroomed building constructed in circa 1875 and situated on a 0.17 acre (or thereabout) plot of land. The property is of traditional red brick construction surmounted by a double pitched slate covered roof. The majority of the windows and door openings have decorative brickwork with gothic arched openings and other period features providing kerb appeal.
Internally the accommodation is set over two floors and provides lounge, dining room, kitchen and store on the ground floor with three bedrooms and bathroom on the first floor. Gas central heating with a modern combi boiler was present when we inspected the premises (not tested).
The property is set back from the road with a driveway for three cars along with a large rear garden. There are two small outbuildings to the rear of the property of brick construction along with a more recent under cover patio area.
We feel the property would benefit from a sympathetic renovation providing a unique detached dwelling with considerable character. There is also scope to create a separate building within the grounds of the property utilising the vehicular access down the side of the current building, which gives way to the garden area beyond. Total site area 0.17 acres or thereabouts. This would be subject to planning consent. Buyers are referred to the Overage Agreement in the legal pack (TP1). Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding.
The property is situated on Nottingham Road (B600), which is the main high street running through Somercotes. In the immediate vicinity is the St Thomas Church along with the Somercotes Infant Nursery School. The wider area comprises mainly upmarket privately owned dwellings.
Freehold. Vacant possession upon completion.
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 (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.
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 £1074 inc. VAT
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
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.
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.
