Bungalow
Spacious detached bungalow standing on a good sized plot in the sought after area of Allestree.
In need of renovation, the property offers excellent potential to create either a spacious single storey home or with further development could provide the ideal base for a detached family residence(subject to the relevant planning permissions and building regulations being sought). Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
The accomodation briefly comprises of entrance hall, spacious lounge with bay window, kitchen, two double bedrooms and a bathroom. To the front of the property, is a generous foregarden with lawn with mixed flower and shrubbery beds alongside a driveway providing off road parking and giving access to a detached garage at the rear, where there is also a good sized garden area.
Located lose to Allestrees well regarded local amenities including shops, schools, public transport links, the property also offers easy access to A6, A36, A52 and M1 road networks.
We have been advised there is asbestos in the ceiling. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding. Please see legal pack for more information.
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 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.
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 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.
