Baker Street, Alvaston – A000002739
In partnership with SDL Auctions – For sale in our National Property Auction on Thursday 25th March 2021
The National Property Auction will be conducted behind closed doors by auctioneers Andrew Parker and Graham Penny. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.
The auction will commence at 10:30 am
Excellent buy-to-let residential investment opportunity.
Situated within literally yards of Alvaston shopping centre is a traditionally built and well maintained two bedroomed semi-detached house. Internally the well presented living accommodation has the benefit of uPVC double glazing, gas central heating and in brief comprises side hall with opening through to a breakfast kitchen room with built in appliances and front sitting room with bay window. To the first floor landing there are two well proportioned bedrooms and a bathroom with suite in white. Outside to the front there is a small fore garden with an adjacent driveway. To the rear there is a good sized enclosed pleasant garden. There is potential for an extension (stpc).
The property is situated in the context of an established and popular residential location being well positioned for Pride Park, Raynesway, the A52 and the city centre. Excellent buy-to-let investment opportunity.
Entered by obscure PVC door to the side with opening through to –
Breakfast Kitchen Room (not measured)
With uPVC double glazed window to the rear elevation and further double glazed PVC door to the side. The fitted kitchen comprises a comprehensive range of wall mounted cupboards with matching base units, drawers, preparation surface, stainless steel sink and drainer with mixer tap and splashback tiling. Integrated appliances comprise a double stainless steel electric oven with separate hob, preparation surface with stainless steel sink and drainer, mixer tap and splashback tiling. There is also an integrated fridge, tiled floor covering, a range of down lighters, wall mounted combination boiler and staircase to first floor.
Front Sitting Room 12’4″ into bay x 13’1″ into chimney recess
With bay uPVC double glazed window to the front elevation, gas fire with a marble back and hearth with feature surround, television aerial lead and central heating radiator.
First Floor Landing
With loft access.
Bedroom One 13′ into chimney recess x 12’10” into bay
With bay uPVC double glazed window to the front elevation, walk-in wardrobe with uPVC double glazed window to the side elevation and cloaks hook, tv aerial lead and central heating radiator.
Bedroom Two 9’10” x 7’2″
With an oriel bay double glazed window to the rear elevation and central heating radiator.
With uPVC double glazed window to the rear elevation. Fitted with a three piece suite in white comprising a panelled bath with electric shower unit over, low level wc, pedestal wash hand basin, tiling to the walls and central heating radiator.
The property is set back from the road behind a neat fore garden with low level wall. Adjacent driveway with pedestrian access leading to a good sized enclosed pleasant rear garden with patio and being mainly lawned with timber panelled fencing with concrete posts. Please note there is potential for an extension subject to the usual planning consents.
The auction for this property will take place as an “Auction Event” behind closed doors with a live auctioneer and will be streamed online in real-time. The property will be sold alongside several other lots. Bids must be placed remotely please see the below section on “Registration Process”. The auction can be watched in real-time on the auction date through SDL Auctions’ website on their home page.
The auction date applicable for the property is displayed underneath the property description. It is not possible to provide a precise timeslot when this property will be auctioned on the day, because there are other lots being sold.
You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed.
When you place your bid, you are deemed to have agreed to SDL Auctions’ Buyers Terms (England & Wales) which are available on SDL Auctions website.
Auction type – Unconditional with Variable Fee
If you are the highest bidder, you must exchange legally binding contracts for the sale when the auction for the property comes to an end. You must then pay the applicable fees and deposit. You must complete the sale within 20 business days unless the Special Conditions of Sale contained within the Legal Pack state otherwise.
The following non-refundable fees apply:
• Buyer’s Fee- payable on exchange of contracts. This is calculated as a percentage of the actual purchase price of the property. Either:
(a) 4.8% (including VAT) of the purchase price, for properties up to and including £250,000
(b) 3.6% (including VAT) of the purchase price for properties sold for over £250,000
The Buyer’s Fee is subject always to a minimum of £6,000 (including VAT). The Buyer’s Fee does not contribute to the purchase price.
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 Special Conditions carefully before bidding. Any additional fees are included at the seller’s discretion, not on the instruction of SDL Auctions, and will be in addition to any fees payable to us. SDL Auctions has limited control over the content of the Special Conditions of Sale.
On exchange of contracts, you must pay a non-refundable deposit equal to 5% of the actual purchase price of the property, subject to a minimum of £5,000. The deposit contributes towards the purchase price.
Applicable fees must be paid immediately after a winning bid has been placed. Payment by cash or cheque will not be accepted. Prior to the auction, you will receive an email from the auctioneer to register your card details with third-party provider, Stripe. Your card details will be stored on their secure online payment platform. Payment will only be taken from you in the event of a winning bid. In this case, you will be contacted by a representative of the auctioneer to make payment. If you cannot be contacted within 24 hours after the auction ends, the auctioneer reserves the right to charge your card.
Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate.
The legal pack can be viewed on SDL Auctions website by searching for the property. On the property details page there is a sub-heading “Legal Packs”. Follow this link, and you will then be directed to create an account with Auction Passport to view the documents.
The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. An addendum may be issued outlining any late changes. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale.
It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.
Special Conditions of Sale
The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property – they are not part of SDL Auctions’ terms and conditions. The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.
To register to bid on the property, visit the SDL Auctions website and submit your remote bid. The lot number can be found against the Lot Details of the property. Prospective buyers must register no later than 12pm the day before the auction date. If you register after the cut-off, it cannot be guaranteed that your registration will be processed.
We recommend our preferred partner law firms who are solicitors selected by Us for their experience and efficiency in providing conveyancing services. We receive a referral fee of £175 per completed transaction. They are independent professionals upon whom You can rely for independent and confidential advice. Their conveyancing charges are available on request. We recommend our preferred partner Mortgage intermediaries who are mortgage specialists available to provide you with the advice you need and who will take care of everything from explaining options and helping you select the right mortgage, to choosing the most suitable protection for you and your family and handling the whole application process. We receive a referral fee of approximately £350 per completed transaction. We recommend our preferred partner Insurance Company who provide Buildings and Contents Insurance. We receive a referral fee of approximately £25 per completed transaction. We recommend our preferred partner Removal Company for home removals. We receive a referral fee of £50 per completed transaction. Prospective purchasers are NOT obliged to use our preferred partner services.