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Semi-detached house
***Residential investment opportunity***
An excellent BTL investment opportunity to acquire is a two/three bedroom semi detached property, occupying a popular and convenient residential location. Internally there is scope for improvements, however the property has the benefit Upvc double glazing, gas central heating.
The property is currently let on AST producing £5,200pa and offers scope for significant increase. Please note, a section 21 has been issued by the landlord with the tenant due to vacate the property by the 12th February 2023. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
In brief the accommodation comprises, lounge, separate dining room and kitchen measuring 22ft7 in length. To the first floor landing leads to two genuine double bedrooms, further guest bedroom/dressing room with access through to the bathroom, comprising a three piece suite. Outside to the front there is a small forecourt, pedestrian access to the side leads to a generous size mature rear garden.
The property is conveniently positioned for the town centre and is also within a short commute of the M1 Motorway and the cities of Derby and Nottingham.
15ft4 x 11ft10 in chimney recess
12ft3 x 11ft8 into chimney recess
22ft7 x 6ft5
12ft x 11ft10
12ft5 x 10ft4
11ft9 x 5ft9 (access through to bathroom)
10ft x 6ft7
To the front there is a small forecourt with pedestrian access to the side leading to a generous size enclosed mature rear garden.
Freehold. See legal pack.
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.
