* FOR SALE BY SDL AUCTION on 29th MAY 2025 at 9am * A potential high yielding freehold residential investment opportunity to acquire a well-appointed, ex-local authority non-standard construction, three bedroomed mid-town house, occupying a popular and convenient residential location. Offered for sale with immediate vacant possession, the property was previously let at £975 per calendar month (£11,700 per annum). If the property were to be re-let at the previous income, this would represent an impressive 9.75% return based on the guide price. Internally the well proportioned living accommodation has the benefit of being uPVC double glazed and gas centrally heated and in brief comprises of entrance hall with stairs, front sitting room, full width dining kitchen with built-in-appliances, rear lobby with access to the brick built outbuilding. To the first floor landing there are three bedrooms and a family bathroom with three piece suite in white with shower. Outside to the front there is hard standing space and shared access to the side leads to an enclosed and easy to manage garden enjoying a southerly aspect.Auction DetailsThe 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 FeesThe following deposits and non- refundable auctioneers fees apply:• 5Þposit (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 InformationFor 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 PriceEach 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.
Entrance Hall: (12'0" x 5'8") 3.66 x 1.73; Front Sitting Room: (12'5" x 12'1")Â 3.78 x 3.68
Full Width Dining Kitchen: (18'3" x 8'6")Â 5.56 x 2.59; Rear Lobby: (4'8" x 3'9")Â 1.42 x 1.14
Adjoining Brick-Built Outbuilding: (9'7" x 5'5")Â 2.92 x 1.65
First Floor Landing: (6'1" x 5'8")Â 1.85 x 1.73; Bedroom One: (12'0" x 11'5")Â 3.66 x 3.48
Bedroom Two: (11'9" x 9'0")Â 3.58 x 2.74; Bedroom Three: (8'6" x 7'8")Â 2.59 x 2.34
Family Bathroom: (8'5" x 5'3")Â 2.57 x 1.60
Littleover, DE23
Valid until 09.01.2033
Property Type: | House | Build Form: | Mid-Terrace |
Transaction Type: | Rental | Energy Tariff: | Single |
Main Fuel: | Mains gas (not community) | Main Gas: | Yes |
Flat Top Storey: | No | Top Storey: | 0 |
Glazing Type: | Double glazing installed during or after 2002 | Previous Extension: | 1 |
Open Fireplace: | 0 | Ventilation: | Natural |
Walls: | System built, with internal insulation | Walls Energy: | Good |
Roof: | Pitched, limited insulation (assumed) | Roof Energy: | Very Poor |
Main Heating: | Boiler and radiators, mains gas | Main Heating Controls: | Programmer, room thermostat and TRVs |
Hot Water System: | From main system | Hot Water Energy Efficiency: | Good |
Lighting: | Low energy lighting in all fixed outlets | Floors: | Solid, no insulation (assumed) |
Total Floor Area: | 82 m2 |
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