Town House
Situated on the fringe of the City centre, an opportunity to acquire an excellent residential investment property which has been re-roofed and has the benefit of individual gas central heating systems.
Both self-contained flats provide spacious accommodation and are let on assured shorthold agreements, each at £350 per calendar month.
The accommodation is as follows
Gated Side Entrance Access
59A Stafford Street
Entrance Hall
Front Sitting Room
With twin windows and double radiator.
Double Bedroom
With twin windows and central heating radiator.
Bathroom
With usual three piece suite of fittings and central heating radiator.
Stairs down to
Basement Dining Kitchen
Having inset stainless steel sink to work surface, base cupboards, central heating radiator, wall mounted central heating boiler, half glazed door to rear yard.
59B Stafford Street
Entrance Hall
With stairs to first floor.
Sitting Room
With central heating radiator.
Bathroom
With usual three piece suite of fittings and central heating radiator.
Dining Kitchen
With work surface, inset stainless steel sink, fitted cupboards, central heating radiator and central heating boiler.
Front Bedroom
With central heating radiator.
Rear Bedroom
With central heating radiator.
Tenancy Details
59A is let on assured shorthold agreement from August 2010 at a reserved rent of £350 per month. 59B is let on an assured shorthold agreement from February 2010 at a reserved rent of £350 per month. Combined reserved income - £8,400 per annum.
NOTE
At the time of preparing these particulars it is understood that residents will be able to obtain a parking permit via Derby City Council for use in Friary Street adjacent. We are also advised that the properties will qualify for sound insulation to windows now that Stage 5 of the City inner ringroad has been completed (subject to verification).
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 Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold or withdrawn.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 £495 (inc VAT) payable on the fall of the hammer.
For Sale by Auction: Thursday 26th May 2011
At Pride Park Stadium, Derby
Commencing at 11.30 am
EXCELLENT RESIDENTIAL INVESTMENT PROPERTY
Both let on AST’s at combined income of £8,400 p.a.
Each has two bedrooms and separate sitting room
Good City centre fringe location
