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162 Burton Road, Derby, DE1 1TQ

Lot no: 21.0 Withdrawn Post
 

Guide Price £145,000 plus fees


Thursday 14th April 2016

12.00am
Key Features
An excellent investment property close to Derby City centre which is currently divided into three self-contained flats
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Property Description

*UNSOLD AT AUCTION. AVAILABLE AND OPEN TO OFFERS.*

An excellent investment property with a potential income of £17,400 p.a., situated on Burton Road with easy access to Derby City centre, the property is currently divided into three self-contained flats, two of which have two bedrooms and the third, three bedrooms.

FLAT A -

Entrance Hall

Two Bedrooms

Shower Room

Lounge

Kitchen
With fitted appliances.

Outside
Garden to rear

FLAT B -

Entrance Hall

Lounge

Two Bedrooms

Kitchen
With fitted appliances

Shower Room

FLAT C -

Entrance Hall

Lounge

Fitted Kitchen

WC

Three Bedrooms

Family Bathroom

Vendors Solicitors/Licensed Conveyancers
Timms, St. Michael’s, Queen Street, Derby DE1 3SU. Telephone 01332-364436

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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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

WWW.GRAHAMPENNY.COM

Feature 1

EXCELLENT INVESTMENT OPPORTUNITY

Feature 2

Currently divided into three self-contained flats - 2 x 2 bed and 1 x 3 bed

Feature 3

Close to City centre

Feature 4

Potential income of £17,400 p.a.

Feature 5

EPC Ratings : Flat A – C; Flat B – C; Flat C - E

Tenure: