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120 Drewry Lane, Derby , DE22 3QU

Lot no: 22.0 Sold at Auction for £88,500
 

Guide Price £76,000 plus fees


Thursday 11th December 2014

12.00am
Key Features
Drewry Lane is conveniently situated for the City centre, runs parallel to Uttoxeter New Road and is a consistently favoured residential area for both rented accommodation and first time owner occupiers.
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Sold at Auction for £88,500

Town House

Property Description

FOR SALE BY AUCTION: THURSDAY 11TH DECEMBER

AT IPRO STADIUM, DERBY

COMMENCING AT 11.30 AM

DRAFT DETAILS ONLY.

Drewry Lane is conveniently situated for the City centre, runs parallel to Uttoxeter New Road and is a consistently favoured residential area for both rented accommodation and first time owner occupiers.

The property, which has been consistently well maintained, has the benefit of a new roof covering, and has uPVC double glazing and gas central heating throughout.  It has the benefit of a shared vehicular rear access, with garage base laid – an unusual facility for a terraced property.

The accommodation comprises

Passaged entrance Hall

Sitting Room

Living Room

With French door to garden.

Good Sized Modern Fitted Kitchen

First Floor Landing

Large Bathroom

With modern white suite

Two Double Bedrooms

Outside

Easily managed rear garden leading to a car standing space which could become garage accommodation.  Shared right of vehicular rear access.

Tenancy Details

The property is let on an assured shorthold agreement at a current rent of £495 pcm (£5,950 p.a.).

Directions

Leave the City centre via the inner ringroad and Merlin Way.  At the roundabout at Uttoxeter New Road turn left, proceed along Uttoxeter New Road for some 300 yards before turning left into Peet Street.  Take the first turning left into Drewry Lane and the property will be found shortly on the left hand side.

Vendors Solicitors/Licensed Conveyancers

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

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 all property is subject to a buyers fee of £750 (inc VAT).

*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

EXCELLENT RESIDENTIAL INVESTMENT PROPERTY

Feature 2

Two bedroomed passaged terraced house with rear parking

Feature 3

Good quality accommodation – reroofed, gas centrally heated and uPVC double glazed

Feature 4

Let on an assured shorthold agreement

Feature 5

EPC Rating : C

Tenure: