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Forge Cottages, 5-6 The Hollow, Mickleover, Derby DE3 0DG

Auction Event
 

Guide Price £80,000+ 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: D
  • Detached period cottage needing updating
  • Formerly two cottages and could be reinstated
  • Picture postcard location close to village centre
  • Garage and garden, vacant possession
  • Exciting and rewarding project
  • EPC Rating: Exempt
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Detached house

Property Description:

Situated close to the centre of the popular village of Mickleover, is this pretty detached Grade II Listed cottage requiring updating.

Formerly two cottages and could be re-instated as such. Excellent potential and a rewarding project in this attractive location.

Note

Please be advised that 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.

Entrance Hallway

6ft 6 x 3ft 5 (1.98m x 1.04m) Max.

Lounge

14ft 5 x 12ft 3 (4.39m x 3.73m) Max.

Dining Room

10ft 6 x 12ft 10 (3.20m x 3.91m) Max.

Kitchen

6ft 10 x 12ft 10 (2.08m x 3.91m) Max.

Pantry

6ft x 3ft 2 (1.83m x 0.96m) Max.

First Floor Landing

7ft x 7ft 3 (2.13m x 2.21m) Max.

Bedroom One

14ft 10 x 16ft 10 (4.52m x 5.13m) Max.

Bedroom Two

10ft 6 x 12ft 9 (3.20m x 3.88m) Max.

Bathroom

7ft 1 x 9ft 7 (2.16m x 2.92m) Max.

Garage

14ft 3 x 16ft 3 (4.34m x 4.95m) Max.

Outside

Vehicular right of way to side to integral garage and good size rear garden.

Please Note

The title (see legal pack) to this property shows a legal right of way granted in a deed (see legal pack) from 1980 over the driveway of 4 The Hollow to access the garage to No 5-6. The elderly neighbour at no.4 has periodically disputed this right of way despite the deed also being recorded in their title. It is the belief of the seller and their lawyers Geldards (see letter in legal pack), that this right of way is clear and obvious from the title documents but buyers are made aware of the dispute and bid in full knowledge of it.

Conservation Area

The property is located in a conservation area.

Broadband

Standard, Superfast and Ultrafast are available in this location.

Mobile Signal

Standard 17 mbps, Superfast 80 mbps and Ultrafast 1000 mbps show as available in this location

Satellite and Cable TV Availability

Sky, Virgin and BT are available in this location.

Tenure:

Freehold. Vacant possession upon completion.




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).

Please Note:

Under the Estate Agents Act 1979 we are required to declare any conflict of interest. The seller of this property is related to an employee of SDL Auctions. If you have any queries regarding this, please contact us for further information.


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.