Mid-terraced House
FOR SALE BY AUCTION: THURSDAY 23RD OCTOBER
AT IPRO STADIUM, DERBY
COMMENCING AT 11.30 AM
Leacroft Road runs parallel to Dairyhouse Road, accessed off Cambridge Street or Holcombe Street, and is located in a densely populated residential area with high rental demand.
The property has undergone a scheme of modernisation and improvement and provides well equipped and presented accommodation. The house is sold subject to an assured shorthold agreement, and provides a healthy income, thereby creating a relatively high yield.
In more detail the living space within the house is as follows
Ground Floor
Front Sitting Room
Inner Lobby
Rear Living Room
Modern Fitted Kitchen
First Floor
Passaged Landing
Two Double Bedrooms
Modern Bathroom/wc
Outside
Rear yard and garden.
Tenancy Details
The property is let on an assured shorthold agreement at a current rent of £435 pcm (£5,220 per annum).
Directions
Leave Derby City centre along Normanton Road, which continues into Peartree Road. At the third traffic island turn left onto Dairyhouse Road and first right into Holcombe Street. Take the second turning on the left into Leacroft Road and the property will be found on the right hand side.
Vendors Solicitors/Licensed Conveyancers
Bradley & Jefferies, 58 Friar Gate, Derby DE1 1DF - telephone 01332-221722
Tenure
Freehold. Subject to tenancy.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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
EXCELLENT RESIDENTIAL INVESTMENT OPPORTUNITY
Modernised two bedroomed terraced house
Re-roofed, gas centrally heated and double glazed
Let on assured shorthold agreement at £435 pcm
EPC Rating : E
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