Apartment
An excellent buy-to-let investment opportunity to acquire a freehold semi-detached house converted into 2 x 1 bedroomed self-contained flats producing a combined income of £9,308 per annum.
The ground floor flat is let on an assured shorthold tenancy agreement at £83 per week (£4,316 per annum) and offers scope for significant rental increase. Internally the double glazed and gas centrally heated living accommodation consists of entrance hall, lounge/bedroom, breakfast kitchen room with built in appliances and bathroom.
The first floor flat is also let on an assured shorthold tenancy agreement at £96 per week (£4,992 per annum) and offers double glazed and gas centrally heated accommodation consisting of an open plan lounge kitchen with fitted units having built in appliances, double bedroom and bathroom. Outside to the front there is a fore court and to the rear there is a relatively low maintenance garden.
The property occupies an established residential location conveniently positioned for the city centre, Pride Park, Bombardier and Rolls-Royce.
With staircase to the first floor.
Comprising -
With uPVC double glazed window to the front elevation and central heating radiator.
With door to rear. The fitted kitchen comprises a range of wall mounted cupboards with matching base units, drawers, preparation surface, stainless steel sink and drainer with mixer tap and splashback tiling. Integrated appliances comprise a stainless steel electric oven with gas hob, wall mounted combination boiler and central heating radiator.
With uPVC double glazed window to rear and side elevation. Fitted with a three piece suite comprising a panelled bath with shower unit over and shower screen, low level wc, pedestal wash hand basin, tiling to walls and central heating radiator.
Comprising -
With uPVC double glazed window to the front elevation and central heating radiator. The fitted kitchen comprises a range of wall mounted cupboards with matching base units, drawers, preparation surface, stainless steel sink and drainer with splashback tiling. Integrated appliances comprise a stainless steel electric oven with hob and cooker hood.
With uPVC double glazed window to the rear elevation and central heating radiator.
With uPVC double glazed window to the rear elevation. Fitted with a three piece suite in white comprising a panelled bath with shower unit over and shower screen, low level wc, pedestal wash hand basin, tiling to walls, wall mounted Logic combination boiler and central heating radiator.
To the front there is a fore court and to the rear there is a low maintenance garden with timber panelled fencing.
Freehold.
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
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 auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
The Buyer’s 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
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.
