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70 Bondgate, Castle Donington, Derbyshire DE74 2NR

Lot no: 34 Auction Event
 

Guide Price £68,000+ 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
  • Council Tax Band: A
  • Two bedroom traditional terraced house
  • Requires full modernisation
  • Great location
  • Close proximity to amenities and transport links
  • EPC Rating: F
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Terraced House

Property Description:

A traditional two bedroom terraced property located in the desirable village of Castle Donington.

The property requires full modernisation and upgrading but will make a wonderful home or potential buy to let investment.

There is an excellent range of shop, bars and restaurants within a few minutes walk and easy access to East Midlands Airport and the motorway network.

A superb investment with estimated rental value of £800 per calendar month/£10,600 per annum after refurbishment, based on comparable evidence. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Lounge 3.65m x 3.45m

With gas fire, window to front aspect and front door.

Inner Lobby

With stairs off.

Dining Kitchen 3.65m x 3.63m

With basic units, sink, appliance spaces, window to rear and understairs cupboard.

Rear Lobby

With door to garden.

Bathroom

Comprising low flush WC. wash hand basin and panel bath with shower over. Window to side aspect.

Landing

With doors to both bedrooms.

Bedroom One 3.66m x 3.64m

With window to front.

Bedroom Two 3.64m x 3.66m

With overstairs cupboard and window to rear.

Outside

Side shared path leads to the rear garden with seating area.

Construction Material:

TBC

Broadband:

Standard - 18 mbps and Superfast - 67 mbps available

Mobile Phone Coverage:

O2, EE, Three and Vodafone available

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Vacant possession upon completion.


Utilities Information
  • Heating Supply: Gas
  • Electric Supply: Mains Supply
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply
Parking Arrangements

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 an 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 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.