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Flat 8, Taylors Mill, Crossley Street, Ripley, DE5 3EE

Lot no: 14.0 Sold at Auction for £50,000
 

Guide Price £48,000 plus fees


Thursday 14th February 2013

12.00am
Key Features
Occupying a popular and convenient location close to the heart of Ripley town centre this modern purpose built two bedroomed second floor flat is let on an assured shorthold tenancy and produces £6,000 per annum.
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Sold at Auction for £50,000

Flat / Apartment

Property Description

DRAFT DETAILS ONLY.

Occupying a popular and convenient location close to the heart of
Ripley town centre this modern purpose built two bedroomed first floor flat is
let on an assured shorthold tenancy and produces £6,000 per annum.

The well appointed modern accommodation briefly comprises entrance
hall, spacious living kitchen, master bedroom with en-suite shower room,
further bedroom and bathroom.

Ripley is a popular town with a good range of amenities available
locally including shops, schools and leisure facilities.

Entrance Hall

Spacious Living
Kitchen

With integrated appliances.

Master Bedroom

With En-Suite Shower Room

Further Bedroom

Bathroom

Vendors Solicitors/Licensed Conveyancers

John M. Lewis & Co, 92 St. Peter's
Street, Derby DE1 1SR – telephone 01332-292204

Tenure

Leasehold.  We understand the flat is held on a lease for
a term of 99 years  from 23rd
December 2011 (97 years unexpired.
Current ground rent is £240.00 per annum.  Subject to tenancy.

Tenancy Details

The property is let at £6,000 per annum
(£500 per calendar month).  Details
available on request.

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 nor
withdrawn.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 £600 (inc VAT) payable on the fall
of the hammer.

To comply with the Estate
Agents Act 1979, interested buyers/purchasers are informed that the vendor is an
associated company of Graham Penny Auctions Ltd.

FOR SALE BY AUCTION: THURSDAY 14TH FEBRUARY 2013

AT PRIDE PARK STADIUM, DERBY

COMMENCING AT 11.30 AM

FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE

WWW.GRAHAMPENNY.COM

Feature 1

Mordern two bedroom first floor appartment

Feature 2

Excellent investment opportunity

Feature 3

Let on an assured shorthold tenancy at £6,000 per annum

Feature 4

Modern and well appointed accommodation

Tenure: