Property for sale in Ilkeston DE7, 3 Bedroom

Coming Soon by Modern Method of Auction powered by iam-sold Ltd. Kytes Lane Cottage has been owned by the same family for over 90 years, therefore don’t miss this rare opportunity to purchase this lovely 3 bedroom period property located in the sought after village of Smalley. EPC to follow.

Starting Bid And Reserve Price

*Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is powered by iam Sold.

Summary

Kytes Lane Cottage is located down a private lane that provides access to a small number of residences providing both seclusion and security. The property boasts a private driveway with ample off street parking. The house itself is accessed via the garden room that leads through to the kitchen, which boasts many original features including beamed ceilings. The ground floor also boasts a living room, a shower room, study/snug, a pantry and a large storage cupboard. The first floor comprises 2 double bedrooms, a single bedroom and a washroom.

The property occupies a good size plot with several outbuildings that could be developed and incorporated into the current property, subject to planning. Overall, the property would benefit from sympathetic renovation, therefore providing the prospective buyer with the opportunity to create their ideal home. All mains services are connected to the property.

Auctioneer's Comments

This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, however from the date the Draft Contract is received by the buyers solicitor, the buyer is given 56 days in which to complete the transaction, with the aim being to exchange contracts within the first 28 days. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Reservation Fee of 4.2% to a minimum of £6,000.00 including VAT 4.2% of the final agreed sale price including VAT. This is subject to a minimum payment of £6,000.00 including VAT. Which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by Central Midlands Property Auction powered by iam Sold. Reservation Fee is in addition to the final negotiated selling price.

Local Authority

Amber Valley Borough Council

Viewing Arrangements

Strictly via the vendor’s agents Fine & Country – Contact Greg Perrins on or

Fine And Country Website

For more information visit

Fine And Country Opening Hours

Monday to Friday9.00 am - 8.30 pm
Saturday 9.00 am - 5.30 pm
Sunday 9.00 am - 5.30 pm

Agent's Notes

All measurements are approximate and quoted in metric with imperial equivalents and for general guidance only and whilst every attempt has been made to ensure accuracy, they must not be relied on. The fixtures, fittings and appliances referred to have not been tested and therefore no guarantee can be given and that they are in working order. Internal photographs are reproduced for general information and it must not be inferred that any item shown is included with the property. For a free valuation, contact the numbers listed on the brochure.