Overview
- Updated On:
- July 15, 2022
- 2 Bedrooms
- 1 Bathrooms
Description
Excellent opportunity to purchase a two-bedroom home on a large corner plot that needs some updating and has the possibility to be extended depending on planning approval.
In summary, the apartment consists of an entry hall, living, breakfast kitchen, and two double bedrooms and a shower room on the upper floor.
There is a lawned front yard and off-road parking with a garage to the side, as well as lawned gardens to the back and sides.
The property is conveniently positioned near Derby City Centre, Derby Royal Hospital, and the A38 and A52.
This property is being sold using the Modern Method of Auction. Your information will be shared with the Auctioneer, iamsold Limited, if you browse, offer, or bid. This technique necessitates that both parties complete the sale within 56 days, allowing purchasers to pursue mortgage financing (subject to lending criteria, affordability and survey).
The buyer must sign a reservation agreement and pay a non-refundable Reservation Fee of 4.2 percent of the purchase price plus VAT, with a minimum of £6,000.00 plus VAT. This fee is paid in addition to the purchase price and is included in the chargeable consideration for the property for calculating stamp duty liabilities. Buyers must go through an identification procedure with iamsold and give documentation of how the transaction will be paid.
The property comes with a Buyer Information Pack, which includes information concerning the property. Because the materials may not contain everything you need to know, you must conduct your own research before bidding. This bundle includes an example of the Reservation Agreement as well as the terms and conditions. The customer will additionally contribute £300 plus VAT to the pack’s preparation costs.
The estate agent and auctioneer may propose the services of other suppliers to you in exchange for compensation. These services are optional, and any cost will be communicated to you in writing before any services are accepted. The listing is subject to a start price and an undisclosed reserve price, both of which are subject to change.
Features and description
- Modern Auction Sale of a Freehold (T&Cs apply)
- Subject to an unknown Reserve Price
- There are buyer’s fees.
- Potential for expansion Modernization is necessary.
- Ample corner plot
- There are two bedrooms.
- Excellent road connections
