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8 Northwood Avenue, Chaddesden, Derby DE21 6JJ

Lot no: 5 Sold at Auction for £164,000
 

Guide Price £115,000+ plus fees

UnconditionalOn 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 22nd August 2024

9.00am
Key Features
  • Traditionally built two double bedroomed detached bungalow
  • Set well back from the road on a deep plot with driveway
  • Comprehensive scheme of improvement and upgrading required
  • Potential to extend to subject to planning permission
  • uPVC double glazed and gas centrally heated
  • Occupying a popular an convenient residential location
  • Offered for sale with immediate vacant possession
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Sold at Auction for £164,000

Detached bungalow

Property Description:

Set well back from the road on a deep plot, is a traditionally two/three bedroomed detached bungalow, enjoying a popular and quiet residential location, requires a comprehensive scheme of improvement and upgrading.

Internally the well proportioned living accommodation has the benefit of being uPVC double glazed and gas centrally heated and in brief comprises, entrance hall, lounge through dining room measuring 21ft 4 in length, separate sitting room/bedroom, dining room, fitted kitchen, bedroom and bathroom.

Outside to the front there is a tall boundary hedge with hard standing with driveway and carport to the side. Immediately to the rear there is a generous sized garden in need of attention. In our opinion there is significant scope for an extension, subject to obtaining the necessary planning consents.

The property occupies an established residential location, conveniently positioned for Chaddesden Village Centre, where there is a wide range of shops and facilities. A short commute away is Derby City Centre, Pride Park and the A52 which provides swift access onto the M1 Motorway and City of Nottingham.

The affordable property is offered for sale with immediate vacant possession and represents an excellent freehold investment opportunity.

Entrance hall

12ft 3 x 3ft 9

Lounge through diner

21ft 4 x 12ft 4 reducing to 10ft

Separate dining room

12ft 6 x 11ft 1 into chimney recess

Fitted kitchen

8ft 5 x 6ft 2

Bedroom one

12ft x 11ft 4

Bedroom two/sitting room

11ft 3 x 11vt 1

Bathroom

8ft 2 x 5ft 1

Tenure: Freehold
Vacant possession upon completion
Tenure:

Freehold. Vacant possession upon completion.


Utilities Information
  • Heating Supply: Double Glazing, Gas Central
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply
Parking Arrangements

Driveway, On Street



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.

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.