Town House
*UNSOLD AT AUCTION. AVAILABLE AT £150,000*
An excellent opportunity to acquire a substantial freehold investment property comprising a licensed house of multiple occupancy with five letting rooms situated within easy walking distance of Derby City centre.
The accommodation briefly comprises -
Entrance Porch
Providing access to
Entrance Hall
With stairs to first floor and lower ground floor, door to -
Room One
With double glazed bay window to the front elevation, gas central heating, radiator and laminate flooring.
Shower Room
With wc, shower and basin.
Room Two
With central heating radiator and laminate flooring, double glazed window to the rear elevation.
Stairs to Lower Ground Floor
Large Communal Kitchen
Fitted with an extensive range of wall and base units and kitchen appliances.
Two Useful Landlords Storage Rooms
First Floor -
Doors off to rooms three and four, stairs to second floor.
Room Three
With central heating radiator, laminate flooring and double glazed window to the rear elevation.
Bathroom
Fitted with a panelled bath with shower over, wc and wash hand basin, central heating radiator and opaque double glazed window.
Room Four
With two double glazed windows to front elevation, central heating radiator, laminate flooring.
Stairs to Second Floor.
Room Five
With dormer window, laminate flooring, central heating radiator and Self-Contained Kitchen Area.
Outside
To the rear of the property there is a low maintenance rear yard.
Vendors Solicitors/Licensed Conveyancers
Ellis-Fermor & Negus, 8 Chapel Street, Belper, Derbys DE56 1AR telephone 01773-821665
Tenure
Freehold. Subject to tenancies.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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
Vendors Solicitors/Licensed Conveyancers
Ellis-Fermor & Negus, 8 Chapel Street, Belper, Derbys DE56 1AR – telephone 01773-821665
Tenure
Freehold. Subject to tenancies.
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
EXCELLENT INVESTMENT PROPERTY
Licensed HMO
Five letting rooms
Potential income £21,600 p.a.
Close to City centre
EPC Rating : D
