End of Terrace
DRAFT DETAILS ONLY.
Occupying a popular and convenient location in Ilkeston, this traditional end terraced property which has been split to form two one bedroomed flats, represents and excellent opportunity for the investor to acquire a potentially high yielding investment property at a most realistic price.
The ground floor apartment (2b) briefly comprises kitchen, bathroom, sitting room and bedroom and is being sold with vacant possession. The first floor apartment (2a) has not been inspected by a member of Graham Penny Auctions and is let on a six month assured shorthold dated 10 August 2007 (tenant holding over) at £250 per calendar month (£3,000 p.a. equivalent).
Ilkeston is a popular town with a good range of amenities available locally including shops, schools and leisure facilities. Derby City centre and Nottingham City centre are both approximately eight miles away offering a broader range of amenities.
Ground Floor Flat
Kitchen 2.8m x 2.0m
With stainless steel sink unit, window to the side.
Bathroom
With wc, wash hand basin, shower cubicle, airing cupboard with hot water cylinder and window to the side.
Sitting Room 3.75m x 3.65m
With understair storage cupboard and window to the rear.
Bedroom 4.7m x 2.6m
With window to the front.
First Floor Flat
Not inspected.
Outside
Garden area to rear.
Tenancy Details
The tenant is holding over on an assured shorthold agreement dated 10/08/07 at a rent of £250 per calendar month (£3,000 per annum).
Directions
The approach from Derby is via Sir Frank Whittle Road turning right onto the A608 through Breadsall Hilltop and out into open countryside, through the village of Morley and then at the crossroads at the Rose & Crown bear right onto A609 Belper Road. Continue through Stanley Common and West Hallam along High Lane West and then High Lane East and entering into Ilkeston on the Derby Road. At the roundabout bear left into Chalons Way, continue along to the roundabout at the bottom of the road and straight ahead into Heanor Road (A6007). After a short distance turn right into Granby Street. Continue along Granby Street which in turn becomes Awsworth Road and then turn right into Springfield Gardens. The property is the first traditional end terraced house on the right hand side as denoted by our for sale by auction board.
Vendors Solicitors/Licensed Conveyancers
Walker Morris LLP, Kings Court, 12 King Street, Leeds LS1 2HL
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 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 £500 (plus VAT) payable on the fall of the hammer.
FOR SALE BY AUCTION: THURSDAY 17TH OCTOBER 2013
AT PRIDE PARK STADIUM, DERBY
COMMENCING AT 11.30 AM
FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE
INVESTMENT OPPORTUNITY
Traditional two bedroomed property split into two, one bedroomed flats
In need of some modernisation
Excellent investment opportunity
Energy Efficiency Rating - Ground Floor Flat F & Top Floor Flat E
