House For Sale St. Marks Road, Derby, DE21

£95,000

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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 1st July 2024

Description

For sale on 25 July 2024\r
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.\r
The auction will commence at 09:00.

An excellent BTL residential investment opportunity to acquire, a mature and extended three bedroomed semi detached property, situated within short commute of the city centre, Pride Park and the A52.\r
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Internally the property offers neutral decor and in brief the uPVC double glazed and gas centrally heated living accommodation consist of, entrance with staircase, guest cloakroom, lounge through diner with opening through a rear sitting room and fitted kitchen with built-in-appliances. To the first floor, there are three bedrooms and family bathroom.\r
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Outside the property is set back from the road behind a double width block paved driveway and enclosed rear garden, enjoying a westerly aspect.\r
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The property is situated within the context of an established and strong letting residential location, always a popular choice with landlords, investors and families.\r
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Offered for sale with immediate vacant possession.

Entrance hall 12ft x 6ft 2
Guest cloakroom 5ft 3 x 2ft 6
Lounge through diner 17ft 2 x 13ft 7 reducing to 9ft 9
Rear sitting room 11ft 9 x 9ft 9
Fitted kitchen 11ft 3 x 10ft 5First floor landing
First floor landing
Bedroom one 13ft 6 x 10ft
Bedroom two 11ft 3 x 10ft 4 reducing to 8ft 8
Bedroom three 10ft x 7ft
Family bathroom 7ft 10 x 5ft 2
Outside
Tenure: Freehold
Vacant possession upon completion

Tenure: Freehold

EPC Rating: C

Terms:
Auction Details:\r
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The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.\r
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Binding contracts of sale will be exchanged at the point of sale.\r
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All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.\r
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Auction Deposit and Fees:\r
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The following deposits and non- refundable auctioneers fee apply:\r
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• 10% deposit (subject to a minimum of £5,000)\r
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• Buyers Fee of £1,500 inc. VAT\r
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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.\r
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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.\r
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Additional Information:\r
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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.\r
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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).\r
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Guide Price & Reserve Price:\r
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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.

Agent Details
SDL Property Auctions
17 Regan Way Toton Nottingham NG9 6RZ

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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