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47 Bedford Street, Derby DE22 3PB

Auction Event
 

Guide Price £88,000+ 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.

Tuesday 10th December 2024

10.00am
Key Features
  • Council Tax Band: A
  • Double fronted, three double bedroomed mid-terraced property
  • Scheme of improvement and upgrading required
  • uPVC double glazed and gas centrally heated
  • Entrance lobby, dining fitted kitchen and front sitting room
  • Rear lobby with stairs and bathroom
  • Strong letting location, close to Derby University Campus and city centre
  • Offered for sale with immediate vacant possession
  • EPC Rating: Awaited
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Terraced House

Property Description:

*** Excellent BTL freehold residential investment opportunity***

Offered for sale with immediate vacant possession is a double fronted, three double bedroomed mid-terraced property, requiring a scheme of improvement and upgrading.

Constructed of traditional brick with a rendered frontage, set beneath a pitched tiled roof, the well proportioned uPVC double glazed and gas centrally heated living accommodation in brief comprises:- entrance lobby, dining fitted kitchen with dual aspect, front sitting room, rear lobby with stairs and bathroom fitted with three piece suite. To the first floor landing there are three double bedrooms and potential for a loft conversion subject to obtaining the necessary planning consents.

Outside to the rear there is an enclosed garden with patio and an adjoining outbuilding housing a WC.

The property is situated within a strong letting location, conveniently positioned for the Derby University Campus, Royal Derby Hospital, the city centre and the A38 which provides swift access onto Toyota, A50 and further regional business centres.

Entrance Lobby

4ft 1 x 4ft 8

Dining Fitted Kitchen

14ft 3 x 11ft 7 reducing to 8ft 9

Front Sitting Room

14ft 4 x 10ft 1

Rear Lobby with stairs

11ft 6 x 2ft 7

Bathroom

11ft 6 x 4ft 7

First Floor Landing

Leading to -

Bedroom One

14ft 5 x 11ft 6

Bedroom Two

11ft 6 x 11ft 2

Bedroom Three

11ft 7 x 8ft 2

Outside

Enclosed garden to rear with patio and an adjoining outbuilding housing a WC.

Flood Risk

Surface Water - Very Low

Building construction:
Broadband (estimated speeds)

Standard 15 mbps, Superfast 71 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.

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 £1,500 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.