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2 Bed Bungalow, Refurb/BRRR, Derby, DE24 3HW £100,000

Melfort Close, Sinfin, DE24 3HW - 1 views - 2 months ago
  1. Deal Search
  2. Derby
  3. DE24
  4. DE24 3HW
Sold STC
Leasehold
Auction
Refurb/BRRR
ROI: 2%
~68 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Derby
  • More Deals in DE24
  • More Refurb/BRRR Deals
  • More Refurb/BRRR Deals in Derby
  • More Refurb/BRRR Deals in DE24

Property History

Listed for £100,000

September 24, 2025

Floor Plans

Description

    • AUCTION 29TH OCTOBER * +
  • Two Bedroom Standard Construction Semi Detached Bungalow +
  • Leasehold +
  • EPC Rating TBC +
  • Council Tax Band B +
  • Off Road Parking With A Detached Garage +
  • No Upward Chain +
  • Cul-De-Sac Location +
  • Sitting On A Good Sized Plot +
  • Having An Abundance Of Potential +

AUCTION 29TH OCTOBER Situated in the sought-after and well-established area of Sinfin, is this two-bedroom semi-detached bungalow. Although in need of a scheme of modernisation it presents a remarkable investment opportunity.

In summary, the property features an entrance hallway with storage, two double bedrooms—one equipped with built-in wardrobes, a bathroom with a three-piece suite and a shower overhead, and a spacious lounge/diner with a feature fireplace, leading to a fully fitted kitchen.

To the exterior, there is a driveway accommodating two vehicles and a detached garage, in addition to both front and rear gardens.

Leasehold Information
Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Tenure:
Leasehold. Vacant possession upon completion.

Utilities Information
Heating Supply: Double Glazing, Gas
Electric Supply: Mains Supply
Water Supply: Mains Supply
Sewerage Arrangements: Mains Supply
Parking Arrangements
Garage, Driveway

Auction Details

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

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

• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 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.

Agent Details

Hannells Estate Agents, Littleover

01332 215174

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

This may not be accurate, please check manually.

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