Other
FOR SALE BY AUCTION: THURSDAY 4TH JUNE 2015
AT IPRO STADIUM, DERBY
COMMENCING AT 11.30 AM
Located on the corner of Uttoxeter Old Road and Peet Street, an opportunity to acquire an exceedingly spacious three storied Victorian residence of character having the benefit of mains emergency fire alarm and lighting system and full detailed planning consent granted by Derby City Council under reference DER/09/14/01251/PRI dated 14th October 2014 for change of use and extension to House of multiple occupation to form nine units.
For several years the property has been used as a shared house and has nine letting rooms, together with common room, kitchen, shower room, bathroom and three wc's. It is considered that the most economic use of the property would be a continuation of its former use, as a potential high yield investment. Alternatively however, the house would make a very fine family residence of six bedrooms and three reception rooms since it retains considerable original and inherent character.
An internal inspection is strongly recommended and in more detail the house comprises –
Entrance Vestibule
With outer double doors, Minton tiled floor, arched glazed fan light, and access from Peet Street.
Imposing Reception Hall
Of considerable space with original staircase to first and second floors.
Room One 15' x 12'5" to chimney recess
With twin sash windows, corniced ceiling, picture rail.
Room Two 14'11" to chimney recess x 17'6" into bay window
Having a feature fireplace with electric log effect heater, corniced ceiling and picture rail.
Room Three 13'10" x 10'4" to chimney recess
Having corniced ceiling and picture rail.
Inner Hall
With external door.
Cloaks/wc
Common Room 12'11" x 11'9"
Having access off to Cellars.
Kitchen 13'2" x 8'6"
Shower Room off
Rear Hall
With external door.
Boiler Room/Store Room.
WC
With wash hand basin.
A delightful three flight staircase leads to the First Floor Galleried Landing
Room Four 15' x 11'3"
Having two fitted wardrobe cupboards.
Room Five 13'10" x 14'10"
Room Six 13'10" x 9'2"
Room Seven 12'9" x 14' to chimney recess
With a fitted double wardrobe.
Inner Landing
Having emergency exit door.
WC
With wash hand basin.
Spacious Bathroom
A staircase in three flights leads to the Second Floor Landing.
Room Eight 15' x 12'8" to chimney recess
Having a corner dormer window.
Room Nine 15' x 13'7"
With fitted cupboards, dormer window.
Large Walk-Through Store Room
With potential for a kitchen or en-suite facility.
Outside
Small front garden to Uttoxeter New Road. Enclosed rear garden with courtesy gate from Peet Street, and possible potential for off road parking.
Vendors Solicitors/Licensed Conveyancers
Beightons, 4 Victoria Street, Derby DE1 1EQ – telephone 01332-346430
Planning Details
The property has the benefit of planning consent granted by Derby City Council under reference DER/09/14/01251/PRI dated 14th October 2014 to form four flats and five bed-sits.
Tenure
Freehold. Vacant possession on completion.
Note
To comply with the Estate Agents Act 1979, interested buyers/purchasers are informed that the vendor is a relative of an employee of Graham Penny Auctions Ltd.
Conditions Of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Note
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash deposits.
The sale of all property is subject to a buyers fee of £750 (inc VAT).
*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.grahampennyauctions.com/glossary
FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE
SUPERB HIGH YIELD INVESTMENT OPPORTUNITY
Planning Permission for nine letting units
Extensive three storied Victorian town house
Excellent potentially high-yield investment, or superb family residence
EPC Rating : E
