Town House
DRAFT DETAILS ONLY.
Located just off Normanton Road and in close proximity to a good range of facilities, an opportunity to acquire a three storied end town house having well equipped accommodation currently under lease and with five letting rooms.
The property is on a fixed term lease until February 2011. There is a possibility that the occupancy could be renewed subject to negotiation. Current rental income is £650 per calendar month (£7,800 per annum).
The accommodation comprises:
Entrance Lobby
Leading into:
Passaged Entrance Hall
Front Living/Letting Room
With bay window.
Communal Sitting Room
Fitted Kitchen
With good range of fitting s and appliances.
Ground Floor Bathroom/wc
Stairs to First Floor Landing:
Three Double Bedrooms
Shower Room
Separate wc
Stairs to:
Roof Room/Fourth Bedroom
With dormer window.
Outside
Walled forecourt; enclosed rear garden.
Tenancy Details
The property is let on a fixed term lease until2 8thy February 2011 at a rent of £650 per calendar month. There is a possibility that the lease could be renewed, subject to negotiation.
Vendors Solicitors/Licensed Conveyancers
John M. Lewis & Co, 92 St. Peter's Street, Derby DE1 1SR telephone 01332-292204
Tenure
Freehold. Vacant possession on completion.
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 Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold or withdrawn.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 buyers contract handling fee of £395 (inc VAT) payable on the fall of the hammer.
For Sale by Auction: Thursday 14th October 2010
At Pride Park Stadium, Derby
Commencing at 11.30 am
EXCELLENT RESIDENTIAL INVESTMENT PROPERTY
Modernised gas centrally heated double glazed accommodation
Four bedrooms, two reception rooms, bathroom and separate shower room
Let until 28th February 2011 at £7,800 per annum
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