2 Bed Detached House For Sale Scarsdale Avenue, Derby, DE22

£160,000- 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: 27th March 2024

Description

** FOR SALE BY AUCTION - 25TH APRIL 2024** An exciting opportunity to take a generous detached bungalow onto its next chapter. The potential found within this property is immense, the size of the plot only adds further to the possibilities of enlarging the living accommodation (subject to obtaining the necessary planning consents). Many of the neighbouring properties have untapped the potential and taken their homes to the next level.

Having all the makings of a lovely home once developed, the bungalow is set in an established residential area close to the amenities of Allestree whilst being on the doorstep of the city.

You enter the property into a hallway, off which you will find a lounge to the right with bay window to the front and gas fire at the focal point.

To the rear is a dining area which is open to a kitchen with built-in units, a gas cooker point, plumbing for washing machine and a Glow Worm boiler hidden within a cupboard. Beyond the kitchen is a UPVC conservatory enjoying views over the rear garden with a tiled floor.

There are two double bedrooms one to the front elevation and one to the rear which has a wash hand basin. There is a modern wet room with a shower area, WC and wash hand basin.

A concrete driveway is set in front of a detached garage with double doors. The low maintenance frontage is shingled with established shrubs. The lovingly kept rear garden has a covered veranda alongside paved areas and a deep shaped lawn edged with herbaceous borders, established trees and shrubs plus there is an outside tap.

The property further benefits from gas central heating and UPVC double glazing.

Agent Note: Please note the sellers of this property are personally connected to a member of staff at Reed & Baum, for more information please contact us.

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 Fixed Fee.

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 fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of £1,500 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 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.


EPC Rating: D
Agent Details
Reed & Baum
11 High Street, Quorn, LE12 8DS

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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