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3 North Parade, Derby, DE1 3AY

Lot no: 46.0 Sold at Auction for £234,000
 

Guide Price £220,000 plus fees


Thursday 26th May 2011

12.00am
Key Features
SUPERB RESIDENTIAL INVESTMENT PROPERTY
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Sold at Auction for £234,000

Town House

Property Description

The property forms one of an elegant parade of Georgian town houses, well located and within reasonable walking distance of the City centre, having accommodation arranged on four floors, divided into four self contained flats. There is the benefit of vehicular rear access and parking immediately behind the house.

 

The property is located a short distance from Darley Park and the riverside walk, and provides very spacious accommodation retaining much of the inherent character of the dwelling.

 

The four flats which are of varying sizes, are let on assured shorthold agreements and in total produce a rent of circa £19,200 per annum. The accommodation is as follows

 

Wide Entrance Hall

With Hopton stone flagged floor, panelled entrance door, stairs leading to first floor, fire alarm control panel and built in meter cupboard.

 

FRONT FLAT (FLAT B)

 

Living Room/Kitchen 14'7" x 15'7" maximum

Having a range of base and wall cupboard units, work surfaces, inset stainless steel sink, plumbing for washing machine, bay window to front, laminate floor, electric storage heater and spiral staircase to

 

First Floor

 

Landing

 

Tiled Shower Room

With full suite.

 

Bedroom 13'8" x 9'2"

With cupboard enclosing hot water cylinder.

 

Bedroom 11'6" x 6'11"

 

REAR FLAT (FLAT A)

 

Lounge 14'10" x 13'9"

With electric storage heater.

 

Kitchen Area 13'9" x 5'9"

With stainless steel single drainer sink unit, base and wall cupboard units, work surfaces, cupboard enclosing hot water cylinder.

 

Low Ground Floor Level

 

Hallway

With glazed door to rear garden and parking, electric storage heater, built in store cupboard.

 

Bedroom 10'2" x 7'8" plus wardrobe recess

 

Bedroom 10'2 x 7'6"

 

Bedroom 12'1" x 12'3"

 

Bathroom

Having tiled walls, vaulted ceiling, full suite with shower over bath.

 

FIRST FLOOR FLAT (FLAT C)

 

Entrance Hall

With large store cupboard.

 

Lounge 11'4" x 7'9"

With storage heater.

 

Kitchen Area 11'4" x 5'10"

With inset stainless steel sink to work surface, base and wall cupboard units, built in oven/hob, cupboard enclosing hot water cylinder.

 

Bathroom

With full suite including shower over bath.

 

Bedroom 9'2" x 7'7"

With storage heater.

 

FIRST FLAT (FLAT D)

 

A penthouse suite comprising

 

Bed-Sitting Room 21' x 9'5"

With Velux windows and access to roof void.

 

Kitchen 10'5" x 6'1"

With work surfaces, fitted base cupboard units, built in oven/hob, inset sink, Velux window.

 

Tiled Shower Room

Having shower compartment, wash basin and wc.

 

Outside

To the front of the property is a small forecourt enclosed by wrought iron railings on a natural stone plinth. To the rear of the property is a communal parking area for the benefit of the property.

 

Tenancy Details

The flats are let on assured shorthold agreements at a combined reserved rent of £1,600 pcm (£19,200 per annum).

 

Directions

Proceed from the City centre to the Five Lamps junction (Duffield Road/Kedleston Road) and double back towards the City centre. Take the first available turning on the left into Edward Street and North Parade is the third turning on the left where the property will be found immediately on the right hand side.

 

Vendors Solicitors/Licensed Conveyancers

Derwent Law, 5 Buxton Drive, Little Eaton, Derby DE21 5AN 

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

www.grahampenny.com

Feature 1

SUPERB RESIDENTIAL INVESTMENT PROPERTY

Feature 2

Four high quality, refurbished self-contained flats

Feature 3

Attractive Georgian house just north of City centre

Feature 4

Rear parking

Tenure: