Mid-terraced House
Upperdale Road runs off the Cavendish and is a bus route, with several local shops. The house forms one of a parade of similar houses which have been subject to a recent improvement scheme including new walled forecourt, uPVC double glazing and new roof cladding. Both flats have central heating systems.
In more detail the accommodation is as follows:
Vestibule
With PVC door to front, Minton tiled flooring.
Entrance Hall
With moulded coving, archway and staircase to first floor.
GROUND FLOOR FLAT
Lounge 11'11" x 11'4"
With sealed unit double glazed window in uPVC frame to the rear elevation, gas fire incorporating a log living flame effect fire with slate hearth and stone surround, telephone jack point, television aerial lead, moulded coving to the ceiling, double central heating radiator and smoke alarm.
Bedroom One 12'4" x 10'10" into chimney recess
With sealed unit double glazed window in uPVC frame to the front elevation, moulded coving to ceiling, picture rail, central heating radiator.
Kitchen Diner 12'1" x 10'
With sealed unit double glazed window in uPVC frame to rear elevation, fitted kitchen units comprising a range of wall mounted cupboards, base units, drawers, hard top work surface, stainless steel sink and drainer, splashback tiling, double central heating radiator and door to cellar.
Rear Lobby
With obscure double glazed door to side and access through to the bathroom.
Utility Area
With wall mounted boiler, plumbing for washing machine and airing cupboard.
Bathroom 9' x 7'8"
With obscure uPVC double glazed window to the rear elevation. Four piece bathroom suite comprising a panelled bath with mixer tap, shower attachment, shower rail, low level wc, pedestal wash hand basin, bidet, fully tiled surround walls.
Stairs to:
FIRST FLOOR FLAT
(not inspected by auctioneers) but believed to contain:
Lounge
With uPVC double glazed window, central heating radiator.
Bedroom
With uPVC double glazed window, central heating radiator.
Kitchen
With modern range of fitments, uPVC double glazed window.
Bathroom
With usual suite and uPVC double glazed window, central heating radiator.
Outside
To the front there is a small forecourt. Immediately there is an enclosed yard leading to a garden which is mainly slabbed with bark chip bed, variety of shrubs and brick built boundary wall.
Directions
From Derby City centre leave along Normanton Road and at the mini traffic island take the first exit onto Peartree Road. At the next traffic island turn right onto Stanhope Street which becomes Upperdale Road and the property will be found on the left hand side.
Tenancy Details
The ground floor flat is vacant. The first floor flat is subject to an assured shorthold agreement which commenced in August 2002 at a current rent of £59 per week (£255.66 pcm). It is understood that there may be scope for increase.
It is believed that the total rental income achieved from the property could be between £6,500 and £7,000.
Vendors Solicitors/Licensed Conveyancers
John A Clarke, 14 Town Street, Duffield, Derby. 01332 8411115.
Tenure
Freehold. Part let; part 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 buyers contract handling fee of £395 (inc VAT) payable on the fall of the hammer.
For Sale by Auction: Thursday 2nd December 2010
At Pride Park Stadium, Derby
Commencing at 11.30 am
RESIDENTIAL INVESTMENT PROPERTY: two self contained flats
Ground floor flat vacant; first floor flat let
Potential gross yield of £6,500 to £7,000 per annum
Established residential locality with good local facilities
