Town House
*UNSOLD AT AUCTION. AVAILABLE AND OPEN TO OFFERS.*
FOR SALE BY AUCTION: TUESDAY 21ST JULY 2015
AT IPRO STADIUM, DERBY
COMMENCING AT 11.30 AM
A substantial three storied Victorian house on the fringe of Derby City centre divided into four self-contained flats currently generating £13,080 p.a. with a potential income of £17,400 p.a.
Entrance to:
Passaged Hallway
With door to Flat One.
FLAT ONE
Bathroom
Bedroom
Open Plan Lounge Diner
Entrance to:
FLAT TWO (Duplex Flat)
Bedroom
Bathroom
Kitchen
Separate wc
Lounge
First Floor
Door to:
FLAT THREE
Entrance Lobby
Kitchen
Bathroom
Bedroom
Lounge
Second Floor
Door to:
FLAT FOUR
Kitchen
Bedroom
Lounge
Bathroom
Directions
Leave the City inner ringroad via Normanton Road and take the second turning on the left into Leopold Street. Take the first turning on the right into The Avenue and at the junction with Charnwood Street turn right where the property will be found on the left hand side.
Tenancy Details
Flat one - vacant
Flat two is let on an assured shorthold agreement at a rent of £370 pcm
Flat three is let on an assured shorthold agreement at a rent of £360 pcm
Flat four is let on an assured shorthold agreement at a rent of £360 pcm
Tenure
Freehold. Subject to tenancies.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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
EXCELLENT RESIDENTIAL INVESTMENT PROPERTY
Substantial three storied Victorian terrace divided into four self-contained flats
Close to City centre
EPC Ratings : Flat 1 - F, Flat 2 - G, Flat 3 - E and Flat 4 - E
