Victoria Avenue, Borrowash

Full Description

** FOR SALE BY AUCTION THURSDAY 25th APRIL 2024 ** A unique opportunity arises to acquire this stunning period property located in the sought-after Derby suburb of Borrowash. Built circa 1800s, the property retains many of its original features including bay windows, high ceilings, decorative mouldings, Minton tiled flooring under the hallway carpet, and sash-style windows. With an abundance of potential, the subject dwelling could be re-divided and converted to commercial usage or apartments. The land also has building potential, all subject to the relevant planning permissions.

Originally two properties converted into one and sitting on a generous plot, the property briefly comprises: Entrance porch; hallway; three good sized reception rooms; a breakfast kitchen, a further kitchen; conservatory; under stairs pantry storage. To the first floor are five bedrooms; family bathroom; additional shower room; wonderful galleried landings. The accommodation also features an attic (formerly servants’ quarters) and a cellar.

Outside, to the front of the property is a beautiful lawned garden with well established flower and shrubbery beds, mature trees and two driveways providing off road parking. To the right hand side of the property is an attractive, good sized lawned garden with patio area, flowerbeds, summer house, trees, outside WC, tool shed and a door giving access to the garage. To the left of the property are double gates giving access to the rear, where the driveway continues to a potential garage (former stable with a boarded loft accessed via an outside staircase), potting shed and a truly stunning garden having a range of seasonal flower and shrubbery beds, trees and patio area.

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 Variable Fee (England and Wales).

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 for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

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.
Five Bedroomed Standard Construction Semi-Detached Property Having An Abundance Of Potential
EPC Rating F
Council Tax Band F
Two Garages & Driveway Parking
No Upward Chain
Freehold

Virtual Tour

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.