Terraced House for auction in Derby

Description

***FREEHOLD RESIDENTIAL INVESTMENT***

Conveniently positioned for Darley Park and the city centre, is a Late Victorian two bedroomed mid terrace property, requiring a scheme of improvement and modernisation with vacant possession.

Internally the property is double glazed and in brief comprises:- lounge, inner lobby, separate dining room, kitchen, rear lobby and WC. To the first floor passaged landing, there are two double bedrooms and bathroom with three piece suite. Outside to the rear there is a small garden with brick built outbuilding.

The property is situated within the context of an established and highly sought-after residential location, surrounded by similar style properties. Located within easy reach is Pride Park and the A52 providing swift access onto the M1 Motorway and Nottingham.

Accommodation

Lounge
3.62m x 3.46m into recess

Lobby
0.81m x 0.81m

Dining Room
3.61m x 3.44m into recess

Kitchen
3.72m x 1.91m

Rear Lobby
1.44m x 0.75m

W.C
1.43m x 0.68m

Landing
4.55m x 0.81m

Bedroom One (front)
3.63m x 3.46m into recess

Bedroom Two (rear)
3.61m x 2.55m into recess

Bathroom
2.70m x 1.97m

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:

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

• Buyer’s Fee of 4.8% of the purchase price (subject to a minimum of £6,000 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.