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47 & 47a Great Northern Road, Derby, DE1 1LT

Lot no: 45.0 Sold After Auction
 

Guide Price £115,000 plus fees


Thursday 11th September 2014

12.00am
Key Features
Superb residential investment property- two self contained flats with a potential rental income exceeding £11,000 per annum.
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Sold After Auction

Flat / Apartment

Property Description

FOR SALE BY AUCTION - THURSDAY 11TH SEPTEMBER 2014
AT IPRO STADIUM, DERBY
COMMENCING AT 11.30 AM

DRAFT DETAILS ONLY.

Great Northern Road is situated within a mile of the City centre and lies off Uttoxeter New Road, well placed for ease of access into the City centre, local facilities, public transport and University.  The property has been skilfully adapted, extended and renovated to form two excellent self-contained flats, one having three bedroomed accommodation and the other having two bedroomed accommodation with a potential rental income exceeding £11,000 per annum.  Access to the first floor is gained via a door under the archway whilst the ground floor is accessed through security gates at the rear.

In more detail the accommodation within the flats is as follows

47a (Ground Floor)
All double glazed and with full gas central heating.

Entrance Hall

Sitting Room

Front Double Bedroom

Bathroom
With modern white suite of fittings including shower.

Bedroom Two

Modern Fitted Breakfast Kitchen
Having a range of work surfaces, base and wall cupboard units. 

47 (First Floor)

Double glazed with full gas central heating and alarm.

Entrance Lobby
With stairs to first floor landing.

Sitting Room
With feature fireplace.

Front Double Bedroom One

Front Double Bedroom  Two
Over archway.

Rear Hall
With access to

Bathroom
With modern white suite.

Bedroom Three

Well Fitted Breakfast Kitchen
Having a range work surfaces, base and wall cupboard units.

Vendors Solicitors/Licensed Conveyancers
The Byrne Practice, 10 South Parade,  Bawtry, Doncaster  DN10 6JH

Tenure
Freehold. Vacant possession on completion.

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.

*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.grahampennyauctions.com/glossary

FOR EPC’S AND LEGALS PLEASE SEE THE WEBSITE
WWW.GRAHAMPENNY.COM

Feature 1

SUPERB RESIDENTIAL INVESTMENT PROPERTY

Feature 2

Two renovated self-contained flats

Feature 3

Ground floor flat 2 bedroomed & First floor flat three bedroomed

Feature 4

Gas centrally heated and double glazed

Feature 5

Close to Derby City centre, ready for immediate occupation

Feature 6

EPC Ratings : Ground floor flat - D & First floor flat - D

Tenure: