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13 John Street, Heanor DE75 7FT

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.

Thursday 27th February 2025

9.00am
Key Features
  • Council Tax Band: A
  • Excellent investment opportunity
  • 12% Yield based on previous let again current guide
  • Generous rooms throughout
  • PIV unit fitted
  • New Baxi combi boiler fitted
  • EPC Rating: D
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Terraced House

Property Description:

This is an excellent investment opportunity that requires only minor enhancements. The three-bedroom mid-terrace property features a new Baxi boiler, a fitted PIV unit, double glazing throughout, a spacious outbuilding, high ceilings, and generously sized rooms.

The layout includes an entrance leading to the lounge, a large dining area with an understairs storage room, a kitchen with access to the rear garden, and a downstairs bathroom equipped with a white three-piece suite and a shower over. The first floor comprises three bedrooms. The front of the property boasts a walled courtyard, while the rear offers a low-maintenance enclosed garden complete with an outbuilding/workshop.

Previously rented at £810.00 per calendar month.

John Street is conveniently located near a variety of amenities, including shops, schools, bus routes, and major road links such as the M1 and A610.

Construction - Solid brick
Mobile coverage - O2, EE, Three and Vodafone available
Broadband - Standard, Superfast and Ultrafast available
Satellite and Cable TV Availability - BT, Sky and Virgin
Flood - No Risk

Tenure:

Freehold. Vacant possession upon completion.


Utilities Information
  • Heating Supply: Gas Central, Double Glazing
  • 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.
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