Town House
DRAFT DETAILS ONLY.
Hartington Street lies between Normanton Road and Osmaston Road on
the city centre fringe, and is a tree lined avenue of large three storied
Victorian town houses, many of which have been divided into flats and smaller
letting units.
The subject property contains six flats, two on each of three
floors, three of which are currently let producing a reserved rent of £995 per
calendar month (£11,940 per annum). It
is considered that the full income would exceed £22,000.
In more detail it comprises
Communal Entrance Hall
With stairs and landing.
Ground Floor
Flat One
Having Bed-Sitting Room,
Kitchenette, Shower Room and wc.
Flat Two
Having Sitting Room,
Separate Kitchen, Bedroom and Bathroom/wc.
First Floor
Flat Three
Having Bed-Sitting Room
and Kitchenette.
Flat Four
Having Living Kitchen
and Bedroom.
Note. Flat Three and Four share a first floor Bathroom.
Second Floor
Flat Five
Having Entrance Lobby,
Living Room with Kitchen Area, Separate Bedroom, Shower/wc.
Flat Six
Having Sitting Room,
Kitchen, Three Bedrooms and Bathroom/wc.
Outside
Forecourt with wrought iron railings to street. Enclosed rear yard and garden with service
access at rear.
Tenancy Details
Flats Four, Five and Six are currently let on assured shorthold
agreements producing £11,940 per
Tenure
Freehold. Part let; part vacant
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withdrawn.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 29TH MARCH 2012
AT PRIDE PARK STADIUM, DERBY
COMMENCING AT 11.30AM
RESIDENTIAL INVESTMENT PROPERTY
Victorian town house divided into six flats
Potential full income in excess of £22,000 per annum
Currently part let, part vacant
