Detached house for auction in Derby

Property Description

Description

***VERY ATTRACTIVELY PRICED FREEHOLD INVESTMENT***

Occupying an established and highly convenient residential location close to the city centre, is a substantial detached villa, requiring a scheme of improvement and upgrading with vacant possession.

The property lends itself to conversion to flats or HMO subject to the necessary planning consents.

Internally the character accommodation is mostly double glazed and gas centrally heated an in brief comprises:- entrance vestibule, passaged entrance hallway, two large reception rooms, inner hall with doors to outside, breakfast room with pantry, fitted kitchen and rear lobby and bathroom. To the first floor landing and to the lower level landing, there is a breakfast kitchen room, with bathroom suite in white and separate WC. To the upper level landing there are three bedrooms .

Outside to the front there is a small fore court with path to front and side door. To the side there is a driveway providing car standing space for two vehicles. Immediately to the rear there is a pleasant enclosed garden that offer a certain degree of privacy.

The property is situated on a road of similar style properties, located within walking distance of the Derbion Shopping Centre and the city centre. Royal Derby Hospital is a short commute.

Accommodation

Entrance vestibule
5ft x 3ft 6

Passaged entrance hallway
22ft 8 x 6ft 5 reducing to 5

Lounge
15ft 3 into bay x 14ft 1 into chimney recess

Separate dining room
13ft x 12ft 5 into chimney recess

Inner hall
5ft x 2ft

Breakfast room
11ft 5 x 11ft 3 into chimney recess

Walk-in-pantry
4ft x 3ft 7

Fitted kitchen
11ft 3 x 8ft 1

Rear lobby
6ft 5 x 3ft 3

Fitted bathroom
7ft 6 x 6ft 6

First floor lower level landing

Fitted breakfast kitchen
11ft 5 into chimney recess x 11ft 5

Fitted bathroom
7ft 1 x 6ft 2

Separate WC
5ft 2 x 2ft 10

Upper level landing

Principle bedroom
13ft x 12ft 6 into chimney recess

Bedroom two
13ft x 12ft 6 into chimney recess

Bedroom three
9ft 6 x 6ft 5

Outside

Tenure: Freehold

Vacant possession upon completion

Tenure

Freehold

Occupancy

Vacant posession upon completion

Costs

Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 1.2% of the purchase price (subject to a minimum of £1,500 inc. VAT)

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 our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding 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.

Property Features

  • Substantial detached villa with vacant possession
  • Potential to convert to flats or HMO (STP)
  • Mostly double glazed and gas centrally heated
  • Retains many originals features
  • Scheme of improvement and upgrading required
  • Strong letting location close to the city centre
  • Superb freehold investment opportunity
  • EPC Rating: D
Available Lot 101

£120,000+

Guide price — final price set at auction

12 Leopold Street
Derby DE1 2HE, Derbyshire DE1 2HE
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