House (unspecified)
An infrequent and exciting freehold residential investment opportunity to acquire 2 x two bedroomed terraced properties being sold as one lot and in need of modernisation throughout.
The properties are located on Granville Street in Derby within walking distance of the city centre, Derby University Campus and benefit from easy access to local public transport links including bus routes and Derby train station. They are situated approximately 1.4 miles from the A38 and approximately 8.7 miles from Junction 25 of the M1, providing access to the wider Midlands Motorway Network.
Offered for sale with immediate vacant possession and attractively priced investment.
A terraced property with a generous ground floor space. The front door leads into the hallway providing access to the sitting room and diner, as well as stairs to the first floor. Also situated on the ground floor is the kitchen, utility and cellar providing excellent storage space. Stairs lead from the ground floor to the first floor landing where you will find the master bedroom, family bathroom and a further bedroom. To the rear of the property there is a patio garden. This can be accessed from the shared alley to the right of 26 Granville Street.
An end of terrace property with an open plan living room/dining room, kitchen with wall and floor mounted units and utility on the ground floor. On the first floor there is a master bedroom, shower room and a further bedroom. To the rear of the property there is a patio garden.
25 Granville Street - A. 26 Granville Street - A.
Rivers and Seas - Very low. Surface Water - Very low.
Solid brick, as built, no insulation (assumed) - Information taken from EPC
Standard 14 mbps, Superfast 236 mbps and Ultrafast 1000 mbps show as available in this location
EE, O2, Vodaphone and Three show as available in this location.
Sky and BT show as available in this location.
These sales details are awaiting vendor approval.
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 1.2% 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.
