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115 Warwick Avenue, Derby DE23 6HJ

Lot no: 1 Sold at Auction for £227,000
 

Guide Price £145,000+ 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.

Wednesday 23rd October 2024

9.00am
Key Features
  • Bay fronted traditionally built three bedroomed detached property
  • Full renovation required
  • Well sought after residential location with nearby amenities
  • Set back from the road on a deep plot
  • Potential to extend subject to necessary planning consents
  • Offered for sale with immediate vacant possession
  • Littleover Community School Catchment Area
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Sold at Auction for £227,000

Detached house

Property Description:

***Littleover Community School Catchment Area***

Set nicely back from the road in a well-sought after residential location, is a bay fronted, traditionally built, three bedroomed detached property which requires full renovation and is offered for sale at a very attractive guide price with added benefit of immediate vacant possession.

An internal inspection will reveal entrance hallway, front sitting room, separate dining room and kitchen. To the first floor there are three well proportioned bedrooms and a family bathroom.

Outside the property sits on a deep plot with small fore garden and adjacent driveway. To the rear there is a good sized enclosed garden, enjoying a certain degree of privacy. In our opinion there is significant scope for an extension subject to obtaining the necessary planning consents.

The property is situated close to Derby City Centre and has an impressive range of nearby amenities including Littleover Community School, Derby Grammar School and Derby High School. The Royal Derby Hospital, Kingsway Retail Park and the A38 are all within close proximity.

Excellent freehold residential investment opportunity.

Entrance Hallway

2.1m x 5.2m

Lounge

4.1m x 5m

Dining Room

3.6m x 4.4m

Kitchen

3.4m x 2.7m

Bedroom One

3.9m x 5m

Bedroom Two

3.6m x 4.3m

Bedroom Three

3.2m x 2.5m

Family Bathroom

2.7m x 2.3m

Outside

Driveway and private rear garden

Flood Risk

Surface Water - Very Low.

Building Construction

Standard brick

Broadband

Standard 20 mbps and Ultrafast 1000 mbps show as available in this location

Mobile Signal

EE, O2, Vodaphone and Three show as available in this location.

Satellite and Cable TV Availability

Sky, Virgin and BT show as available in this location.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Vacant possession upon completion.


Parking Arrangements

Driveway



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.
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