Plimsoll Street, Derby

Full Description

** FOR SALE BY SDL AUCTION ON THURSDAY 24th APRIL 2025 at 9.00am ** Excellent freehold residential investment opportunity! A very realistically priced, traditionally built two double bedroom semi-detached property, located close to Derby City Centre, the university campus and offering spacious living accommodation requiring a scheme of modernisation and improvement. The property would ideally suit an investor/landlord and features off-road parking with a garage, enclosed rear garden and gas central heating. In our opinion there is potential to extend subject to necessary planning consents. In brief, the accommodation comprises of entrance porch, entrance hallway with an understairs storage cupboard, a spacious lounge, dining room and a fitted kitchen. Found to the first floor are two bedrooms, first floor landing and a bathroom having a three piece suite. At the front of the property is a driveway providing off road parking for two vehicles, walled fore garden and a secure gate giving access to the rear of the property. At the rear is an enclosed garden with a double garage, patio area and fenced boundaries. Plimsoll Street is conveniently located close to local shops, well regarded schools and amenities within the area, as well as having excellent road and public transport routes with the A38 and A52 close by. The property must be viewing internally to fully appreciate the size and standard on offer and early viewings are recommended to avoid disappointment.

Tenure: Freehold. Vacant possession upon completion; Parking Arrangements: Driveway

Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.

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 auctioneers fees apply:

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

• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT).

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.

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 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.
EPC Rating D
Council Tax Band A
Off Road Parking
Freehold
Requiring a scheme of improvement and upgrading
Potential to extend subject to planning

Referral Fees

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 £225 - £250 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.