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51a Nottingham Road, Derby , DE1 3QT

Lot no: 7.0 Sold at Auction for £30,000
 

Guide Price £38,000 plus fees


Thursday 11th September 2014

12.00am
Key Features
A unique opportunity to acquire a highly individual period cottage which is locally listed in a conservation area situated within yards of the City centre.
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Sold at Auction for £30,000

Other

Property Description

FOR SALE BY AUCTION - THURSDAY 11TH SEPTEMBER 2014
AT IPRO STADIUM, DERBY
COMMENCING AT 11.30 AM

DRAFT DETAILS ONLY.

A unique opportunity to acquire a highly individual period cottage which is locally listed in a conservation area situated within yards of the City centre.  We believe this charming brick built vernacular cottage was originally constructed in 1756 on the site of the Framework Knitters Cottage.  In 1758 Robert Crane built Ye Olde Punchbowl Inn on the site of the cottage.  The property still boasts a wealth of character and charm.

In recent times it has been used as a cabinet makers workshop and requires a scheme of full modernisation and improvement offering excellent potential.  The property has a new roof covering approximately 2 years ago and in more detail comprises

Ground Floor Entrance to

Large Open Plan Workshop Area 17'1" x 13'

With windows to the front and side elevations.  Stairs to the

First Floor 17'9" x 13'6"

With wash hand basin and wc.

Attached Single Storey Lean-To

Again with new roof covering measuring 8'2" x 5'6".

Tenure

Freehold. Vacant possession on completion.

Conditions Of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not.  Any questions relating to them must be raised prior to 11.30 am.  Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Note

Prospective purchasers will need to register within the auction room before the sale commences.  Two items of identity will be required together with an indication of how a contractual deposit will be paid.  We do not take cash deposits.

The sale of each lot is subject to a buyers contract handling fee of £750 (inc VAT) payable on the fall of the hammer.

*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.grahampennyauctions.com/glossary  

FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE

WWW.GRAHAMPENNY.COM

Feature 1

Charming period property

Feature 2

Close to town centre

Feature 3

Requires full modernisation and improvement

Feature 4

Offering excellent potential

Feature 5

EPC Rating : N/A

Tenure: