Mid-terraced House
*UNSOLD AT AUCTION. AVAILABLE AND OPEN TO OFFERS.*
FOR SALE BY AUCTION: TUESDAY 21ST JULY.
AT IPRO STADIUM, DERBY.
COMMENCING AT 11.30 AM.
DRAFT DETAILS ONLY.
Formerly let as a semi-supported accommodation unit with separate warden's office, the property comprises three self-contained studio flats with hard wired fire alarm and emergency lighting system. When last let, the property generated an income of £50,000 per annum.
The property presents an excellent investment to acquire an Edwardian palisaded mid-terraced property with accommodation arranged over the three floors conveniently located for Pride Park, local road networks and the City centre.
Internally the accommodation briefly comprises three self-contained studio flats each with its own kitchen and bathroom facilities.
The accommodation in more detail comprises
Entrance Vestibule
With Minton tiled floor, timber entrance door to
Reception Hall
With central heating radiator, ornate and decorative arch, doors off to the manager's office and ground floor flat.
Managers Office 10'7" x 15'2"
With video security system, central heating radiator, ornate and decorative coving and bay window to the front elevation.
FLAT ONE
With Entrance to
Studio Room 13'7" x 11'3"
With feature fireplace, window to rear elevation and door to cellar.
Kitchen 9'2" x 5'6"
Fitted with a range of wall and base units comprising cupboards, drawers and work surfaces with inset stainless steel sink unit, space for further kitchen appliances.
Shower Room
With wc, wall mounted wash hand basin and shower enclosure.
First floor
Galleried Landing
With doors off to Flat Two and Flat Three.
FLAT TWO
Studio Room 13'3" x 10'8"
With window to rear elevation.
Kitchen 9'2" x 9'2"
Fitted with a range of wall and base units comprising cupboards, drawers and work surfaces, inset stainless steel sink unit, space for further kitchen appliances, central heating radiator.
Shower Room
With wc, wash hand basin and shower enclosure.
FLAT THREE (Duplex Flat)
Entrance Lobby
With doors off to the lounge and bathroom. Stairs to first floor.
Lounge 15'2" x 10'7"
With central heating radiator and bay window to the front elevation. Kitchen Area having fitted range of wall and base units comprising cupboards, drawers and work surfaces with inset stainless steel sink unit, space for further kitchen appliances.
Stairs to second floor with
Bathroom
With three piece suite including wc, pedestal wash hand basin and bath with shower over, central heating radiator and window to front elevation incorporating an opaque glazed unit.
Bedroom 11'9" x 14'8"
Outside
To the rear of the property there is an enclosed low maintenance courtyard style garden.
Vendors Solicitors/Licensed Conveyancers
Nelsons, Sterne House, Lodge Lane, Derby DE1 3WD telephone 01332-372372
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 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
Superb high yielding residential investment
Formerly let as semi-supported accommodation unit
Separate wardens office
Excellent opportunity
EPC Rating : E
