Other
FOR SALE BY AUCTION: WEDNESDAY 24TH FEBRUARY 2016.
AT IPRO STADIUM, DERBY.
COMMENCING AT 11.30 AM.
An excellent investment property comprising of four self-contained flats situated just off Friar Gate in Derby City centre and within walking distance of the Ashbourne Road University campus, with gas central heating and PVC double glazing, each flat has a separate gas, electric and water supply along with their own boiler.
The accommodation briefly comprises
Communal Entrance Hall
With two night storage heaters, laminate flooring, fire alarm control panel and emergency lighting, door off to -
FLAT ONE
With Lobby leading into Living Room with laminate flooring throughout. Open Plan Kitchen with fitted units. Bathroom with wash hand basin, shower and wc. Internal Inner Hall with stairs to lower ground floor, access to meter cupboard and storage area, doors off to Two Double Bedrooms.
FLAT TWO
Having its own access to the rear of the property with entrance to -
Kitchen being fitted with a range of wall and base units along with central heating boiler, doors off to the lounge and bedroom. Lounge with Sun Room Area and laminate flooring throughout. Bedroom with access to Shower Room having shower enclosure, wash hand basin and wc.
First Floor Landing
With doors off to Flats Three and Four.
FLAT THREE
With Entrance Lobby having doors off to the bathroom and Living Room. Bathroom with panelled bath having shower over, wc and wash hand basin. Open Plan Lounge/Bed-Sitting Room with fitted kitchen units. Access to Conservatory Area which could be used as a study.
FLAT FOUR
With Entrance Lobby, Inner lobby with Three Double Bedrooms off, stairs to top floor with Shower Room and Utility Area, Large Lounge with access to the Kitchen fitted with a range of base units and wall mounted central heating boiler.
Vendors Solicitors/Licensed Conveyancers
Ellis-Fermor & Negus, 8 Chapel Street, Belper, Derbys DE56 1AR - telephone 01773-821665.
Tenure
Freehold. The flats are all currently let on assured shorthold tenancies with each tenant being responsible for their own utility bills.
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
EXCELLENT INVESTMENT PROPERTY
Freehold
Well located just off Friar Gate
Current income £24,600 per annum
EPC Ratings : Flat 1: C, Flat 2: D, Flat 3: E, Flat 4: E
