4 bedroom End of terrace house in Heanor

9 Derby Road, Heanor, Derbyshire DE75 7QG
  • Lot No: 89a
  • Property Type: End of terrace house
  • Contract Type: Unconditional with Variable Fee

Guide Price* £119,500+ plus fees

Property Description

This investment property has been recently renovated to a high standard and is now generating a handsome NET income of £12k per year offering a superb return for any savvy investor. This property has been refurbished and reconfigured to offer 4 bedrooms (two of which are ground floor), reception hall, refitted kitchen and bathroom. There is also further scope for development with a garage to the side. The property is subject to a 36 month tenancy generating a net income of £1,000 pcm making this a good investment opportunity. The location is in the heart of the centre and has many amenities, shops, restaurants and a supermarket on the doorstep.

Tenure

Freehold

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 auctioneer’s fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s 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 Buyer’s 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 Details

Date 10th December 2024

Venue National Property Auction
Our national property auction will be broadcast online with live auctioneers. To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

9 Derby Road, Heanor, Derbyshire DE75 7QG