Selborne Street, Wilmorton, Derby, Derbyshire

Full Description

For sale in partnership with SDL Auctions on Thursday 26th September 2024 from 9am. A fantastic opportunity to purchase this three bedroom, mid terrace property located in the popular area of Wilmorton and offering excellent investment potential. In need of full refurbishment throughout, the property is ready to put your stamp on!

The property benefits from gas central heating and in brief the accommodation comprises; entrance into living room, an internal lobby area (with stairs down to the cellar), a separate dining room, kitchen, and a downstairs bathroom. To the first floor are three spacious bedroom, the master with fitted storage over the stairs.

To the rear is a low maintenance courtyard garden with rear bin access and to the front there is ample on street resident permit parking.

Selborne Street is ideally located for both first time buyers and BTL investors being a great rental area, close to local shops and amenities and having easy access to main road links to the City Centre, Pride Park, Derby Railway Station, Rolls Royce and East Midlands Airport.

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.
Auction Date: Thursday September 26th 2024
Three Bedroom, Mid Terrace Home
EPC Rating TBC
Freehold
Council Tax Band A
On Street Parking

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 £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.