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5 Rosamonds Ride, Derby, Derbyshire DE23 6JS

Auction Event
 

Guide Price £95,000+ 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, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 25th July 2024

9.00am
Key Features
  • Council Tax Band: B
  • Traditionally built three bedroomed semi detached property
  • Comprehensive scheme of improvement and upgrading required
  • Mostly uPVC double glazed and part gas centrally heated
  • Popular and convenient residential location
  • Potential to extend subject to obtaining necessary planning consent
  • Excellent freehold residential investment opportunity
  • Easy reach to Derbys inner ring road and Royal Derby Hospital
  • EPC Rating: E
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Semi-detached house

Property Description:

Occupying a popular and convenient residential location, is a traditionally built three bedroomed semi detached property, requiring a comprehensive scheme of improvement and upgrading.

Internally the property is mostly uPVC double glazed and part gas centrally heated and in brief comprises, entrance hall with original tiled floor covering, lounge, separate dining room, kitchen, side lobby with store room and wc. To the first floor landing, there are three bedrooms and family bathroom.

Outside the property is set back from the road with low maintenance garden and adjacent driveway. To the rear there is pleasant enclosed garden. In our opinion there is significant scope for an extension, subject to obtaining the necessary planning consents.

Offered for sale at an affordable price with the added benefit of immediate vacant possession, the property represents an excellent freehold residential investment opportunity.

Entrance hall

15ft 3 x 6ft

Lounge

14ft into bay x 10ft 9 into chimney recess

Separate dining room

12ft 4 x 10ft 9

Kitchen

9ft x 5ft 10

Rear/side lobby

3ft 5 x 2ft 8

Store room

L-shaped 5ft 9 x 3ft 4

Wc

4ft 7 x 2ft 7

First floor landing

10ft x 6ft

Bedroom one

11ft 9 x 10ft 3 into chimney recess

Bedroom two

12ft 4 x 10ft 9

Bedroom three

8ft x 7ft

Family bathroom

6ft x 6ft 1

Outside
Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

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. 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.