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97 The Common, South Normanton, Alfreton, Derbyshire DE55 2EP

Auction Event
 

Guide Price £55,000 - £65,000 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
  • Council Tax Band: A
  • Two bedroom mid terraced house
  • Popular location
  • Requires some modernisation
  • Close proximity to amenities
  • EPC Rating: Awaited
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Terraced House

Property Description:

A traditional terraced property situated in the heart of South Normanton.

There is a good range of local amenities close by as well as excellent transport links and being within a mile of the M1 Motorway.

The property benefits from gas central heating and UPVC double glazing but would benefit from some cosmetic modernisation.

An ideal potential buy to let investment with estimated rental value of £700 per calendar month/£8,400 per annum, 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 - 4.70m x 3.04m max

With radiator, fireplace with inset gas fire, meter cupboard and window to front.

Breakfast Kitchen - 3.74m x 2.92m

With base and wall units, worktops with inset sink, space for appliances, stairs to first floor and window to rear.

Rear Lobby - 2.00m x 1.30m

With door to rear garden.

Landing -
Bedroom One - 3.63m x 3.12m

With radiator, laminate wood flooring, over stairs cupboard and window to front.

Bedroom Two - 3.81m x 1.75m

With radiator and window to rear.

Shower Room -

Comprising low flush WC wash hand basin and shower cubicle. Heated towel rail and fully tiled walls.

Outside -

Small garden to front and a good size rear garden.

Construction Material:

Standard brick (assumed)

Broadband:

Standard - 14 mbps and Superfast - 80 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: Double Glazing, Gas Central
  • 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.