Semi-Detached House
DRAFT DETAILS ONLY- AWAITING VENDOR APPROVAL
Situated in an established residential area of similar age and type dwellings, an opportunity to acquire an excellent long term investment property. There is no agreement and the tenant has protection under rent act legislation.
Although the auctioneers have not inspected the property, we are given to understand that it comprises -
Entrance Hall
Lounge
Dining Kitchen
Three Bedrooms
Bathroom
Separate wc
Gardens to front and rear
The property has the benefit of double glazing and gas fired central heating. We understand that central heating radiators are relatively new and the wc has recently been replaced.
Tenancy Details
The property is let on a regulated tenancy at a current registered rent of £63.50 per week (£3,302 per annum). Last registered on 26th February 2009, effective from 22nd March 2009. Application for a revision of the rent can be made before the end of the year.
Vendors Solicitors/Licensed Conveyancers
Sethi & Co, 79 Staines Road West, Sunbury on Thames, Middlesex TW16 7AH
Tenure
Freehold . Subject to tenancy.
Viewing
External inspection only.
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 Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold or withdrawn.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 or credit card deposits.
The sale of each lot is subject to a contract documentation charge of £395 (inc VAT) payable on the fall of the hammer.
For Sale by Auction: Thursday 11th February 2010
At Pride Park Stadium, Derby
Commencing at 11.30 am
INVESTMENT PROPERTY ON REGULATED TENANCY
Three bedroomed semi detached house
Centrally heated and double glazed
Let at registered rent of £63.50 per week
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