Terraced House
***High yielding residential investment opportunity***
An excellent freehold Buy-To-Let residential investment opportunity, to acquire an imposing and well maintained three storey, three bedroomed mid town house, currently let on assured shorthold tenancy agreement producing £825 per calendar month (£9,900 per annum). This represents an impressive 10.4% return based on the guide price.
Constructed of traditional brick with a rendered frontage set beneath a pitch tiled roof, the uPVC double glazed and gas centrally heated living accommodation in brief comprises of front sitting room, separate dining room and a modern fitted kitchen in white gloss units with built-in-appliances. To the first floor passaged landing there are two well proportioned bedrooms and family bathroom with three piece suite in white. To the attic room there is a large master bedroom measuring 17ft 4 x 11ft 9 into chimney recess. Outside to the front there is a small fore court and to the rear an enclosed yard.
The property is situated within the context of an established and strong letting location, conveniently positioned for the town centre. Ilkeston has an excellent range of amenities and is well placed for the M1 Motorway and the cities of Derby and Nottingham.
14ft 7 x 12ft into chimney recess
12ft 7 x 12ft 1 into chimney recess
10ft 5 x 6ft
15ft 7 x 3ft 8
12ft 6 into chimney recess x 11ft 2
9ft 6 x 7ft 7
6ft 9 x 5ft 9
17ft 4 x 11ft 9 into chimney recess
Small fore court to the front and to the rear an enclosed yard.
Rivers and Seas - No Risk. Surface Water - Medium.
Traditional brick with a rendered frontage set beneath a pitched tiled roof.
Standard 15 mbps, Superfast 80 mbps and Ultrafast 1000 mbps show as available in this location
EE, O2, Vodaphone and Three show as available in this location.
Sky and BT show as available in this location.
These sales details are awaiting vendor approval.
Freehold. Subject to tenancy.
- Heating Supply: Double Glazing, Gas Central
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
On Street
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.
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 auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of 1.2% of the purchase price (subject to a minimum of £1,500 inc. VAT)
The Buyers 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 Price
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.
