Mid-terraced House
FOR SALE BY AUCTION: THURSDAY 9TH JUNE 2016.
AT IPRO STADIUM, DERBY.
COMMENCING AT 11.30 AM.
DRAFT DETAILS ONLY.
An excellent investment property comprising a two bedroomed traditional mid-terraced property with gas central heating currently let on an assured shorthold tenancy at £375 every four weeks. The property is situated within easy reach of Derby City centre and is well placed for fast and easy access to local amenities.
The auctioneers have not inspected the property but believe it to comprise -
Ground Floor
Front Reception Room
Rear Reception Room
Kitchen
First Floor:
Two Bedrooms
Bathroom
Outside
Garden to rear.
Directions
The easiest approach to the property is to leave Derby City centre along Burton Road and at the junction with the outer ringroad bear left down Warwick Avenue. Continue straight ahead (second exit) at the first traffic island, proceeding up Kenilworth Avenue which runs into Newdigate Street and the property will be found on the left hand side.
Vendors Solicitors/Licensed Conveyancers
Anthony Stockton, 1st Floor, 2 Manor Square, Solihull B91 3PX - telephone 0121 289 3088
Tenancy Details
The property is let on an assured shorthold tenancy at £375 every four weeks (£4,875 p.a.)
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 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
Traditional two bedroomed mid-terraced property
Let on AST at £375 per 4 weeks (£4,875 p.a.)
Within easy reach of Derby City centre
EPC Rating : F
