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70 Reeves Road, Derby, DE23 8JE

Lot no: 3.0 Sold at Auction for £51,500
 

Guide Price £45,000 plus fees


Thursday 22nd October 2015

12.00am
Key Features
A superb investment opportunity situated in the Normanton area of Derby comprising a two bedroomed traditional mid-terraced property
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Sold at Auction for £51,500

Mid-terraced House

Property Description

FOR SALE BY AUCTION: THURSDAY 22ND OCTOBER.

AT IPRO STADIUM, DERBY.

COMMENCING AT 11.30 AM.

DRAFT DETAILS ONLY.

A superb investment property situated in the Normanton area of Derby comprising a two bedroomed traditional mid-terraced property let on an assured shorthold tenancy to the Home Office for two years.

The auctioneers have not inspected the property internally but believe the accommodation to comprise

Front Reception Room

Rear Reception Room

Kitchen

First Floor

Two Bedrooms

Bathroom

Outside
Garden to rear.

Vendors Solicitors/Licensed Conveyancers
Matrix, Normanton Business Centre, 258 Normanton Road, Derby  DE23 6WD  telephone 01332-363454

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 Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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

SUPERB INVESTMENT PROPERTY

Feature 2

Traditional two bed mid-terraced house

Feature 3

Let on a two year AST producing £4,800 p.a.

Feature 4

EPC Rating : D

Tenure: