Mid-terraced House
FOR SALE BY AUCTION: WEDNESDAY 24TH FEBRUARY 2016.
AT IPRO STADIUM, DERBY.
COMMENCING AT 11.30 AM.
DRAFT DETAILS ONLY.
A traditional mid-terraced property situated within easy reach of a full range of local amenities on Normanton Road, currently let on a five year tenancy agreement which expires in November 2017 at £5,100 p.a.
The auctioneers have not inspected the property internally but believe the accommodation to comprise
Ground Floor:
Front Reception Room
Rear Reception Room
Kitchen
Bathroom
First Floor:
Three Bedrooms
Outside
Enclosed rear garden.
Directions
The approach from Derby is via Normanton Road heading south. After the small shopping centre on the right hand side turn right into Lyndhurst Street, follow the road round to the left which then becomes Cummings Street and the property will be found on the right hand side.
Vendors Solicitors/Licensed Conveyancers
Matrix Solicitors, Normanton Business Centre, 258 Normanton Road, Derby DE23 6WD
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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
INVESTMENT OPPORTUNITY
Traditional mid-terraced house
Three bedrooms
Let on five year agreement expiring November ‘17
Producing £5,100 p.a.
EPC Rating : D
