Flat / Apartment
FOR SALE BY AUCTION: WEDNESDAY 24TH FEBRUARY 2016.
AT IPRO STADIUM, DERBY.
COMMENCING AT 11.30 AM.
A superb investment property comprising four self-contained flats within easy reach of a full range of local amenities.
The accommodation briefly comprises
Entrance Porch
With timber entrance door having original glazed arched unit above, Minton tiled floor and Victorian wall tiling, further timber entrance door providing access to
Entrance Hall
With original glazed top lights, stairs to first floor and door to Flat one.
Flat One
With Lounge, Kitchen, Shower Room.
First Floor
With access to –
Flat Four
With Shower Room, Kitchen, Bathroom, Lounge.
Flat Three
With Lounge, Bedroom, Kitchen and Shower Room.
Flat Two
With its own access to the rear of the property with PVC double glazed entrance door providing access to –
Flat One
Entrance hall with doors off to Lounge, Bedroom, Shower Room and Kitchen.
Tenancy Details
The flats are currently let on assured shorthold tenancies with the rents ranging from £200 to £225 per calendar month. We will that there is scope for increase.
Directions
Leave the City centre along Normanton Road and at the traffic light junction turn right onto Mill Hill Lane. Where the road bears to the right continue straight on onto Mill Hill Lane, taking the first left onto Avondale Road, the continuation of which is Renals Street. The property will be identified by our for sale by auction board.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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
EXCELLENT INVESTMENT OPPORTUNITY
Four self-contained flats
Close to City centre
Within easy reach of a full range of local amenities
EPC Rating : Flat 1 – E; Flat 2 – D; Flat 3 – D; Flat 4 - E
