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295 Nottingham Road, Derby, Derbyshire DE21 6FP

Lot no: 107 Sold at Auction for £93,000
 

Guide Price £85,000+ plus fees

Unconditional with Variable 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 June 2024

9.00am
Key Features
  • Spacious Terrace Property
  • High Yielding Buy To Let Potential
  • Gas Central Heating Throughout
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Sold at Auction for £93,000

Terraced House

Property Description:

A spacious inner terrace property being sold with a tenant in situ with a high yielding potential. Close to Derby City Centre and offering two reception rooms, two double bedrooms and rear garden.

The accommodation is supplemented by gas fired central heating, UPVC double glazing and briefly comprises: entrance door to sitting/dining room, lounge and fitted kitchen. To the first floor the passaged landing provides access to two double bedrooms and bathroom with a three piece suite.

Outside, there is a small garden to the front and further garden to the rear.

Nottingham Road is well situated for both Derby and Chaddesden respectively which offer a range of shops, schools and transport links together with easy access for Derby City Centre and major road links.

Additional Information
Water: Mains
Electric: Mains
Sewerage: Mains
Heating: Mains gas
Building construction: Brick
Flood Risk: Very low
Broadband availability: Standard, Superfast and Ultrafast
Mobile Signal availability: O2, EE, Three and Vodafone
Satellite and Cable TV Availability: BT and Sky

UPVC double glazed entrance door provides access to:
Dining/Sitting Room - 3.76 x 3.40
Lounge - 3.73 x 3.43
Kitchen - 2.66 x 2.03
First Floor Passaged Landing:
Double Bedroom One - 4.42 x 3.78
Double Bedroom Two - 3.71 x 3.50
Outisde

There is a walled foregarden

Tenure:

Freehold. Subject to tenancy.




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. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers 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 Buyers 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 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.