5 Bed Semi-Detached House For Sale Victoria Avenue, Derby, DE72

£550,000- Semi-Detached

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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 28th March 2024

Description

For sale on 25 April 2024\r
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.\r
The auction will commence at 09:00.\r
On behalf of Hannells - Chellaston

A unique opportunity arises to acquire this stunning period property located in the sought-after Derby suburb of Borrowash. Built circa 1800s, the property still has many original features present including bay windows, high ceilings, decorative moldings, Minton flooring under the hallway carpet, and sash-style windows. Having an abundance of potential, the subject dwelling could be re-divided, converted to commercial usage or apartments. The land also has building potential all subject to the relevant planning permissions. \r
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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. \r
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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.\r
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Additional Information\r
Water: Mains\r
Electric: Mains\r
Sewerage: Mains\r
Heating: Partially mains gas / Partially Electric storage heaters \r
Building construction: Solid brick\r
Broadband availability: Standard, Superfast and Ultrafast\r
Mobile Signal availability: O2, EE, Three and Vodafone \r
Satellite and Cable TV Availability: BT, Sky and Virgin\r

Draft Sales Details These sales details are awaiting vendor approval.
Flood risk Suffers regular flooding from groundwater in the cellar.

Tenure: Freehold

EPC Rating: F

Terms:
Auction Details:\r
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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).\r
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Binding contracts of sale will be exchanged at the point of sale.\r
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All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.\r
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Auction Deposit and Fees:\r
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The following deposits and non- refundable auctioneers fees apply:\r
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• 5% deposit (subject to a minimum of £5,000)\r
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• 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.\r
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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.\r
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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.\r
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Additional Information:\r
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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.\r
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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).\r
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Guide Price & Reserve Price:\r
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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.

Agent Details
SDL Property Auctions
17 Regan Way Toton Nottingham NG9 6RZ

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