Detached House
* UNSOLD AT AUCTION. AVAILABLE AND OPEN TO OFFERS. *
Refurbished, renovated and extended home of multiple occupancy (HMO) with gas central heating and double glazing, containing six lettable rooms, situated in this popular location of Ilkeston, with easy access to the town centre and local transport links. There is substantial off-road parking as well as unrestricted parking on Primrose Street. Ideal investment opportunity.
The property has modern bedrooms and two modern bathrooms, one complete with shower, toilet and sink, and the second having bath, toilet and sink. There is a communal kitchen with integrated oven and hob, fridge freezer, washing machine and a range of base and eye level units with complimentary work surfaces over and separate communal dining area. There is also a conservatory and rear garden. The property has been recently refurbished to a high standard with modern neutral décor and laminate wood flooring throughout.
The rental income is £85 per room per week, therefore generating an annual income of £26,520 gross rent.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 each lot is subject to a buyers fee of £750 (inc VAT) payable on exchange of contracts.
*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
Refurbished, renovated and extended home of multiple occupancy
Six lettable rooms, currently let, gross annual income of £26,520
Gas central heating and double glazing
Two communal bathrooms, kitchen and separate dining area
Ideal investment opportunity
EPC Rating: E
