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18 Beatty Street, Alvaston, Derby DE24 8TZ

Auction Event
 

Guide Price £75,000+ 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 21st November 2024

9.00am
Key Features
  • Council Tax Band: A
  • Traditional terraced house
  • Two bedrooms
  • Let and producing £600 per calendar month (£7,200 per annum)
  • Requires a scheme of improvement
  • Popular location
  • EPC Rating: C
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Terraced House

Property Description:

A two bedroomed mid-terraced property requiring a scheme of improvement throughout and located in the highly popular area of Alvaston.

In brief the accommodation comprises of lounge, inner hallway with a door leading to the cellar, dining room and fitted kitchen. To the first floor the landing leads to two bedrooms and a bathroom having a three piece suite. Outside there is an enclosed rear garden laid to lawn with patio area and hedge boundaries.

The property is being sold subject to tenancy and we understand that the rent is £600 per calendar month (£7,200 per annum). Interested buyers are advised to inspect the legal documents in this respect before placing their bid, as this will be binding.

Beatty Street is very conveniently located for the amenities of Alvaston, close to bus stops and has excellent road links to Pride Park, the city centre and to the A50, A6 and A52.

Note

Please be advised that whilst our joint agent has conducted an inspection, the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Building Construction

Solid brick, as built, no insulation (assumed) - Information taken from EPC.

Flood Risk

Surface Water - Low Risk.

Broadband (estimated speeds)

Standard 14 mbps, Superfast 74 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. Subject to tenancy.


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 (subject to a minimum of £6,000 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.