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46 Silverhill Road, Derby, DE23 6UJ

Lot no: 2.0 Sold at Auction for £68,000
 

Guide Price £48,000 plus fees


Wednesday 24th February 2016

12.00am
Key Features
A superb investment property comprising a traditional mid-terraced property with two bedrooms, currently let on an assured shorthold tenancy at £5,220 per annum.
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Sold at Auction for £68,000

Mid-terraced House

Property Description

FOR SALE BY AUCTION: WEDNESDAY 24TH FEBRUARY 2016.

AT IPRO STADIUM, DERBY.

COMMENCING AT 11.30 AM.

DRAFT DETAILS ONLY.

A superb investment property comprising a traditional mid-terraced property with two bedrooms, currently let on an assured shorthold tenancy at £5,220 per annum.

The auctioneers have not inspected the property but believe it to comprise

Ground Floor:

Front Reception Room

Rear Reception Room

Kitchen

First Floor:

Two Bedrooms

Bathroom

Outside
Enclosed garden to the rear.

Directions
The approach from Derby is via  Normanton Road heading south.  At the traffic island continue straight over into Lowerdale Road, second right into Co-operative Street, first right into Society Place and Silverhill Road is the next turning on the right.  The property will be identified by our for sale by auction board.

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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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

WWW.GRAHAMPENNY.COM

Feature 1

SUPERB INVESTMENT PROPERTY

Feature 2

Traditional two bed mid-terraced house

Feature 3

Let on assured shorthold producing £5,220 p.a.

Feature 4

EPC Rating : D

Tenure: