Town House
A substantial four storied end town house forming the corner with Argyle Street (but without direct vehicular access from Burton Road) having mainly refurbished accommodation, well presented and regulatory compliant.
All flats have their own gas central heating systems, and to the rear of the property is a yard area capable of accommodating at least two cars. There is also unrestricted on-road parking to side.
At the time of preparing these particulars, the top flat only was occupied, the other having undergone a scheme of refurbishment. It is believed however that when fully let the property is capable of yielding in excess of £18,000 per annum.
268 BURTON ROAD
In more detail the accommodation is as follows -
Communal Entrance Hall
With stairs off to first and second floors.
Flat One
Having its own internal entrance hall, sitting room with bay window, bedroom, bathroom with shower over bath, separate wc, modern fitted kitchen.
Accessed from the landing at first floor level is a large lock-up store room.
Flat Two
Having its own private internal hall, sitting room with bay window, bedroom, modern fitted kitchen, bathroom/wc with electric shower.
Second floor landing.
Flat Three
Having private internal entrance hall, modern fitted kitchen, large sitting room, bedroom, shower room/wc.
1A ARGYLE STREET
In more detail the accommodation is as follows -
Flat Four
Having its own private entrance hall, split level bedroom and sitting room with a wrought iron balustrade divide, kitchen, bathroom with wc off.
Outside
Walled forecourt for bin storage. Enclosed rear yard area with parking for at least two vehicles (subject to right of access with adjoining property).
Tenancy Details
At the time of preparing these particulars, flat three was let on an assured shorthold agreement at a rent of £351 per calendar month.
Vendors Solicitors/Licensed Conveyancers
Shacklocks, St. Peters House, Bridge Street, Mansfield, Notts NG18 1AL - telephone 01623-626141
Tenure
Freehold. Subject to tenancy
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 Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold or withdrawn.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: Wednesday 31st March
At Pride Park Stadium, Derby
Commencing at 11.30 am
RESIDENTIAL INVESTMENT PROPERTY
Four self-contained one bedroomed flats
Potential investment income circa £18,000 per annum
Parking available to side and rear – convenient for City centre
