Town House
DRAFT DETAILS ONLY.
three storied end town house in good residential location situated a short distance off Ashbourne Road and divided into five self-contained flats, all with their own central heating system (auctioneers not verified).
At the time of preparing these details, four of the five flats were let producing a combined reserved rent of £14,820. If the fifth flat was occupied the gross rental income would be upwards of £18,500.
In more detail the accommodation is as follows
Communal Entrance Hall
With stairs to first and second floors.
Flat One
Having Entrance Lobby, Kitchen, Shower Room, Bed-Sitting Room.
Flat Two
Having Entrance Lobby, Kitchen, Shower Room and Bed-Sitting Room.
First Floor
Flat Three
Having Entrance Lobby, Separate Bedroom, Sitting Room, Shower Room and Kitchen.
Flat Four
Having Entrance Lobby, Bed-Sitting Room, Kitchen, Shower Room/wc.
Second Floor
Flat Five
Having Entrance Lobby, Bedroom, Shower Room/wc, Large Sitting Room, Kitchen.
Outside
Forecourt. Enclosed rear garden.
Directions
Exit Derby City centre along Ashbourne Road and after about 300 yards turn left into Windmill Hill Lane (last exit before Markeaton island). Take the second turn on the left into Bass Street and the property will be found on the left hand side.
Vendors Solicitors/Licensed Conveyancers
Davisons, 254 Lichfield Road, Four Oaks, Sutton Coldfield B74 2UH
Tenure
Freehold. Subject to tenancies.
NOTE
The auctioneers have not inspected the property and information has been supplied by the sellers.
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 Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold or withdrawn.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
SUPERB RESIDENTIAL INVESTMENT PROPERTY
Large three storied end town house with five flats
Highly popular residential location, on the corner of Peel Street
Gross rent circa £18,800 (full occupancy)
