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229 Victoria Avenue, Borrowash, Derby DE72 3HG

Lot no: 59a Auction Event
 

Guide Price £310,000+ 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: B
  • Both A Beautiful Home and A Great Investment Opportunity
  • Four Double Bedrooms With Four Ensuites And Separate WC
  • New Roof, CCTV and Hive System
  • Three Log Burners With Original Features Throughout
  • Private Enclosed Rear Garden With Large Outbuilding/Shed
  • EPC Rating: D
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Detached bungalow

Property Description:

This detached bungalow features four double bedrooms and presents an excellent opportunity for both a lucrative income and a charming family residence. Three of the front-facing bedrooms, each with ensuite facilities, were previously utilised as an Airbnb, generating £65 per night per room.

Characterised by its unique features, the property has it's own well and also includes three log burners, vaulted ceilings, exposed beams, and brickwork. The layout consists of an entrance hallway that leads to three double bedrooms, all equipped with ensuite shower rooms, along with a separate WC. The open-plan lounge and kitchen area is fully fitted and boasts stunning vaulted ceilings, two log burners, and bifold doors that open to a spacious entertainment area. The lounge provides access to the master bedroom, which overlooks the rear garden and includes a walk-in wardrobe, a sauna, and a generous bathroom featuring a white three-piece suite and a walk-in shower. Additionally, there is a study located on the first floor.

The front of the property offers a driveway with ample parking, side access to the rear garden, and a private enclosed rear garden that includes a large patio and lawn area. At the back of the garden, there is a substantial outbuilding with three storage rooms and a decking area.

Conveniently located just minutes from the centre of Borrowash, residents can enjoy nearby amenities such as a Co-op store, Birds bakery, and a reputable butcher and fishmonger. The area also offers healthcare and sports facilities, including several local golf courses, scenic walks in the surrounding countryside, and Elvaston Castle, which is a short drive away. Deans Drive park and play area is also close by, and there are excellent schools for all ages within easy reach. Transport links are robust, with J25 of the M1, East Midlands Airport, and train stations at Long Eaton, East Midlands Parkway, and Derby, along with the A52 and other main roads providing good access to Nottingham, Derby, and other towns and cities in the East Midlands.

Additional Information:

Construction Material: Standard brick. Heating: Boiler, mains gas. Coverage: Broadband - Standard, Ultrafast and Superfast is available in this location. Mobile signal - O2, Vodafone, EE and Three show as available. Satellite and Cable - BT and Sky show as available in this area.

Draft Sales Details

These sales details are awaiting vendor approval.

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

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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