Terraced House in Derby

40 Howe Street, Derby DE22 3ER
  • Lot No: 194
  • Property Type: Terraced House
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £99,000+ plus fees

Result Sold Prior to Auction

Property Description

The property has a strong track record of providing successful rental returns. The property has previously been occupied by students generating £1040 PCM and is now vacant. The gas centrally heated and UPVC double glazed accommodation is accessed from a shared external passage into a formal entrance hallway with stairs to the first floor and access to a cellar, separate front reception room, rear dining room leading into a kitchen. To the first floor a semi-galleried landing leads to two generous double bedrooms and bathroom with shower over bath. Externally there is ample street parking, gated rear access to a larger than average garden with brick outbuilding providing a utility room. Located off Slack Lane, close to the city centre and Royal hospital the property is an ideal buy to let investment. Additional Information Parking Arrangements: On street parking Water: Mains Electric: Mains Sewerage: Mains Heating: Mains gas Building construction: Standard brick Flood Risk: Very low Broadband: Standard, Superfast and Ultrafast available Mobile Signal: O2, EE, Three and Vodafone available Satellite and Cable TV Availability: BT, Sky and Virgin available

Tenure

Freehold

Auction Details: 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. 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 auctioneer’s fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of £1,500 inc. VAT The Buyer’s 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 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.

Auction Details

Date 29th February 2024

Venue National Property Auction
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.

Lot Information

Contact Us

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Map

40 Howe Street, Derby DE22 3ER