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51 Madison Avenue, Chaddesden, Derby DE21 6JA

Lot no: 109a Auction Event
 

Guide Price £140,000+ plus fees

Unconditional with Fixed 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 a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 27th June 2024

9.00am
Key Features
  • Council Tax Band: A
  • An extended three bedroomed semi detached property
  • uPVC double glazed and gas central heated
  • Popular and convenient residential location
  • Corner plot with ample parking and west facing rear garden
  • 27ft 8 in length lounge and fitted dining kitchen
  • EPC Rating: D
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Semi-detached house

Property Description:

An excellent freehold residential BTL investment opportunity to acquire a well appointed, extended three bedroomed semi detached property, occupying a popular and convenient residential location.

Currently let on an assured shorthold tenancy at £850 per calendar month, notice has now been served, property to be sold with vacant possession.

Internally the uPVC double glazed and gas centrally heated living accommodation consist of, entrance hallway, good sized lounge, bathroom with three piece suite in white with and fitted dining kitchen with built-in-appliances. To the first floor, there are three well proportioned bedrooms.

Outside to the front there is a fore garden with adjacent driveway providing useful car standing space. To the rear there is an enclosed garden with timber panelled fencing, enjoying a westerly aspect.

The property is situated in a popular residential location, conveniently positioned for Chaddesden Shopping Centre and nearby amenities. Derby City Centre is short a commute along with the A52 which provides swift access onto Nottingham, the M1 Motorway and further regional business centres.

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

Entrance lobby with staircase
Large lounge

27ft 8 into bay x 10ft 6

Bathroom

12ft 5 x 3ft 9

Fitted dining kitchen

13ft 2 x 10ft 7

First floor landing
Bedroom one

13ft 8 into bay x 11ft

Bedroom two

11ft 8 x 7ft 8

Bedroom three

8ft 7 x 5ft 6

Outside
Tenure:

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.

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 fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of £1,500 inc. VAT

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.