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6 Charnwood Street, Derby, Derbyshire DE1 2GT

Lot no: 14 Withdrawn Post
 

Guide Price £195,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Friday 15th December 2017

11.30am
Key Features
  • Excellent high yield investment property
  • Combined potential rent of £31,440 per annum
  • Split into seven well maintained units
  • Close to City centre and Intu shopping centre
  • EPC Rating: G
  • Part let, part vacant
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Withdrawn Post

Semi-detached house

Property Description:

There is always a good rental demand and in recent years the current owner has made improvements to the property and has a mixture of one bedroomed self-contained studio flats and bed-sitting rooms with shared facilities. All units have the benefit of electric heating and double glazing and the accommodation is as follows –

Communal Entrance Hall

With staircase to first and second floors.

Studio Flat One

Having bedroom, living area with fitted kitchen, plumbing for washing machine.

Studio Flat Two

Having bedroom, living area with fitted kitchen, plumbing for washing machine.

Studio Flat Three

Having bedroom living room with separate fitted kitchen area.

Separate Toilet and Shower Room

Low level wc and wash hand basin – shared by flats one, two and three.

First Floor Landing
Unit Four – Rear

Having bedroom sitting room with fitted kitchen area and separate cupboard.

Unit Five – Middle

Having bed-sitting room with fitted kitchen area.

Unit Six – Front

Having sitting room with kitchen area and separate bedroom.

Separate Toilet and Shower Room

With wc, hand wash basin – shared by units four, five and six.

Second Floor Landing
Flat Seven

Having living room with kitchen area, bedroom, shower room/wc and wash hand basin.

Directions

Leave the Derby City centre inner ring road via Normanton Road and take the second turning left onto Leopold Street. Take the first turning right onto The Avenue and at the junction with Charnwood Street turn right where the property will be found on the right hand side.

Tenure:

Freehold. Part let/part vacant.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will 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. A full definition can be found within the Buyers Terms.