Town House
DRAFT DETAILS ONLY.
A spacious three storied Victorian town house situated in an established mainly residential location close to the City centre, divided into four flats, all let.
The accommodation comprises
Communal Entrance Hall
With Minton tiled floor, panelled entrance door, stairs off to first floor and access beneath to Cellar.
FLAT ONE
Having Bed-Sitting Room with bay window, Dining Kitchen with modern appliances and fittings, half tiled Shower Room/wc.
FLAT TWO
Split level ranging over ground and first floors having Private Entrance Lobby, Living Room, Modern Kitchen with appliances and fittings, external door to garden, Shower Room/wc.
Stairs up to First Floor Bedroom and Further Wc with wash basin.
At First Floor Level
FLAT THREE
Having Entrance Lobby, Large Dining Kitchen with modern appliances and fittings, half tiled Shower Room/wc, Two Bedrooms, one with original marble and cast iron fireplace.
Second Floor
FLAT FOUR
Having Entrance Lobby, Large Dining Kitchen with modern appliances and fittings, half tiled Shower Room/wc, Two Bedrooms.
Outside
Tarmac'd forecourt capable of taking one vehicle. Enclosed rear garden.
Rent Schedule
At the time of preparation of these particulars, the four flats were let on assured shorthold agreements at a combined monthly rent of £1,470-£17,640 per annum.
NOTE
The building is all electric, and has the usual alarms installed. Window openings are double glazed.
Vendors Solicitors/Licensed Conveyancers
Moody & Woolley, 40 St. Mary's Gate, Derby DE1 3JZ telephone 01332-344221
Tenure
Freehold. Subject to tenancies.
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 Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold or withdrawn.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 7th July 2011
At Pride Park Stadium, Derby
Commencing at 11.30 am
EXCELLENT RESIDENTIAL INVESTMENT PROPERTY
Victorian town house divided into four flats
Well fitted double glazed accommodation, all let
Current gross yield, £17,640 p.a.
