4 Bed Terraced House, Refurb/BRRR, Derby, DE1 1GR, £150,000

• Auction: 27.03.2025 09:00 +
• Council Tax Band: TBC +
• An infrequent and exciting freehold residential investment opportunity +
• 2x two bedroomed terraces properties offered as one lot +
• Scheme of improvement and upgrading required +
• Walking distance of city centre and university campus +
• Offered for sale with immediate vacant possession +
• Conveniently positioned for Royal Derby Hospital and the A38 +
• Very attractively priced +
• EPC Rating: D E +

For sale on 27 March 2025
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.
The auction will commence at 09:00. An infrequent and exciting freehold residential investment opportunity to acquire 2 x two bedroomed terraced properties being sold as one lot and in need of modernisation throughout.

The properties are located on Granville Street in Derby within walking distance of the city centre, Derby University Campus and benefit from easy access to local public transport links including bus routes and Derby train station. They are situated approximately 1.4 miles from the A38 and approximately 8.7 miles from Junction 25 of the M1, providing access to the wider Midlands Motorway Network.

Offered for sale with immediate vacant possession and attractively priced investment.
25 Granville Street - A terraced property with a generous ground floor space. The front door leads into the hallway providing access to the sitting room and diner, as well as stairs to the first floor. Also situated on the ground floor is the kitchen, utility and cellar providing excellent storage space. Stairs lead from the ground floor to the first floor landing where you will find the master bedroom, family bathroom and a further bedroom. To the rear of the property there is a patio garden. This can be accessed from the shared alley to the right of 26 Granville Street.
26 Granville Street - An end of terrace property with an open plan living room/dining room, kitchen with wall and floor mounted units and utility on the ground floor. On the first floor there is a master bedroom, shower room and a further bedroom. To the rear of the property there is a patio garden.
Council Tax Bands 25 Granville Street - A. 26 Granville Street - A.
Flood Risk Rivers and Seas - Very low. Surface Water - Very low.
Building Construction Solid brick, as built, no insulation (assumed) - Information taken from EPC
Broadband (estimated speeds) Standard 14 mbps, Superfast 236 mbps and Ultrafast 1000 mbps show as available in this location
Mobile Signal EE, O2, Vodaphone and Three show as available in this location.
Satellite and Cable TV Availability Sky and BT show as available in this location.
Draft Sales Details These sales details are awaiting vendor approval. Tenure: Freehold EPC Rating: D E Terms:
Auction Details:

The sale of this property will take place on the stated date by way of Auction Event and is being sold under and 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 Fees:

The following deposits and non- refundable auctioneers fee apply:

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

• Buyers Fee of 1.2% of the purchase price (subject to a minimum 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.