62 Stanley Street, Derby DE22 3GW

***SUPERB RESIDENTIAL FREEHOLD INVESTMENT***

Enjoying a popular and convenient residential location, is a larger than average and two double bedroomed mid terraced property with three reception rooms, requiring a scheme of improvement and modernisation with vacant possession.

Internally the well proportioned character accommodation the benefit of being uPVC double glazed and mostly gas centrally heated and in brief comprises:- Entrance passaged hallway with stairs, lounge, separate dining room, breakfast room with door to cellar and fitted kitchen. To the first floor passaged landing there are two genuine double bedrooms and a spacious bathroom with piece suite in white.

In our opinion there is scope to reconfigure the first floor accommodation and loft conversion subject to the usual planning and building regulations.

Outside to the rear there is a yard with a artificial grass area with timber panelled fencing enjoying a southerly aspect. Please note there is pedestrian access leading to Howe Street.

The property is surrounded by similar style properties and is within easy reach of the university campus, city centre, A38 and the fashionable Friar Gate area known for its period architecture, bars and restaurants.

Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts:

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

• Buyer’s Fee of 4.8% inc. VAT of the purchase price (subject to a minimum of £6,000 inc. VAT)

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 our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding 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.