Town House
FOR SALE BY AUCTION: THURSDAY 10TH APRIL
AT IPRO STADIUM, DERBY
COMMENCING AT 11.30 AM
Well situated on the fringe of the City centre, an opportunity to acquire a substantial three storied Victorian town house (plus basement) divided into two letting units, one occupying the ground floor and the other occupying the first and second floors. The flats are all electric but have gas water heaters.
Situated a short distance off Friar Gate, and also within easy reach of the City centre, the property forms a first class investment property, and there could be some scope for increase in rental yield.
In more detail the accommodation is as follows
Recessed Entrance Porch
Communal Entrance Hall
With Minton tiled floor.
49A STAFFORD STREET
Hallway
Sitting Room
With bay window and electric storage heater.
Double Bedroom
With electric storage heater.
Dining Kitchen
With usual range of fittings, inset stainless steel sink, electric storage heater.
Shower Room/wc
With tiled floor.
Externally
Rear yard and garden.
49B STAFFORD STREET (First and Second floors)
Stairs to internal landing.
Shower Room
Separate wc
Dining Kitchen
With usual range of fittings, inset stainless steel sink, electric storage heater.
Sitting Room
With electric storage heater.
Stairs to Second Floor Landing
Bedroom One
With electric storage heater and dormer window.
Bedroom Two
With Velux roof light and electric storage heater.
Vendors Solicitors/Licensed Conveyancers
John M. Lewis & Co, 92 St. Peter's Street, Derby DE1 1SR – telephone 01332-292204
Tenure
Freehold. Subject to tenancies.
Tenancy Details
49a is let on an assured shorthold agreement at £350 pcm. 49b is let on an assured shorthand agreement at £450 pcm. Combined reserved rent £9,600 per annum.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 deposits.
The sale of each lot is subject to a buyers contract handling fee of £750 (inc VAT) payable on the fall of the hammer.
FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE
LARGE EXCELLENT RESIDENTIAL INVESTMENT PROPERTY
Three storied Victorian town house divided into two flats
One x 2 beds; one x 1 bed
Both let on assured shorthold agreements - £9,600 p.a.
EPC Rating : Ground Floor Flat - D and First Floor Flat - F
