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41 Darrel Road, Retford DN22 7DH

Lot no: 59 Auction Event
 

Guide Price £50,000+ 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 26th September 2024

9.00am
Key Features
  • Modern Two Bed Terrace
  • Two Reception Rooms
  • Spacious with Feature Fireplaces Throughout
  • Enclosed Rear Garden With Two Outbuildings
  • Great Location For Local Amenities and Transport Links
  • Estimated Yield of 15% Based On Current Guide Price
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Terraced House

Property Description:

This two bedroomed period mid terrace is situated on Darrel Road, a cul-de-sac located within easy walking distance of Retford town centre and the mainline railway station.

Offering ample space throughout, beautiful feature fireplaces, fresh decor and new modern contrast fully fitted kitchen.

In brief the property comprises of entrance into lounge, French doors leading to diner and modern fitted kitchen. To the first floor you have a large landing leading to two double bedrooms and family bathroom with white three piece suite.

Outside you will find an enclosed rear garden with two brick outbuildings.

Estimate rental income would be £625 per calendar month, offering a yield of 15% based on current guide price.

Lounge - 3.78m x 4.66m

With uPVC double glazed window, radiator and newly decorated with French doors leading to

Dining Room - 3.78m x 3.62m

With uPVC double glazed window, radiator, feature fireplace and newly decorated with door leading to

Kitchen - 1.99m x 3.06m

Modern fitted kitchen with stainless steel sink, integrated oven, hob and extractor, tiled splash back, uPVC double glazed window, radiator and door leading to garden.

Bedroom One - 3.78m x 3.57m

With feature fireplace, uPVC double glazed window and radiator.

Bedroom Two - 3.58m x 2.61m

With feature fireplace, loft access, uPVC double glazed window and radiator.

Bathroom - 2.05m x 3.06m

With white three piece suite, shower over bath, uPVC double glazed window and radiator.

Outside

To the front is a small courtyard to house bins, to the rear is a good sized enclosed garden with two brick outbuildings.

Tenure:

Freehold.


Utilities Information
  • Heating Supply: Gas Central, Double Glazing
  • 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 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 1.2% of the purchase price (subject to a minimum 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.