An excellent investment opportunity to acquire a well presented and maintained two double bedroomed mid-terraced property situated within easy reach of Derby’s inner ringroad, Cavendish shopping centre and the City centre. Currently let on an assured shorthold tenancy producing £5,940 per annum.
Constructed of traditional brick beneath a pitched tiled roof the internal uPVC double glazed and gas centrally heated living accommodation consists of lounge, inner lobby, separate dining room, fitted kitchen, rear lobby and a bathroom with a three piece suite in white with shower. To the first floor there are two well proportioned bedrooms. Outside to the rear there is a yard and garden which is mainly laid to lawn with timber panelled fencing with concrete posts. The property occupies an established location surrounded by similar style properties extremely popular with first time buyers and landlords and young families. Excellent investment opportunity.
Lounge 11’11” into chimney recess x 11’3”
Entered by PVC door to front with sealed unit double glazed window in uPVC frame to front elevation, feature open fireplace, wood grain effect laminate floor covering, television aerial lead, double central heating radiator, inner lobby with staircase to first floor.
Separate Dining Room 11’11” into chimney recess x 11’3”
With sealed unit double glazed in uPVC frame to rear elevation, coving to ceiling, door with understair storage cupboard, double central heating radiator and archway through to the kitchen.
Kitchen 8’7” x 6’
With sealed unit double glazed in uPVC frame to side elevation. The fitted kitchen comprises a range of wall mounted cupboards with matching base units, drawers, preparation surface, sink and drainer with splashback tiling, integrated appliances comprising an electric oven with an electric four ring hob and cooker hood over, plumbing for automatic washing machine, enclosed boiler and a range of down lighters.
With half sealed double glazed door to side, central heating radiator and access through to the bathroom.
With sealed unit obscure double glazed in uPVC frame to the side elevation. Fitted with a three piece suite comprising panelled bath with Mira shower unit over and shower rail, low level wc, pedestal wash hand basin, complementary tiling to the walls, chrome laddered heated towel rail, coving to ceiling and extractor fan.
First Floor –
Bedroom One 12’ into chimney recess x 11’4”
With sealed unit double glazed window in uPVC frame to rear elevation, walk-in airing cupboard with shelving and loft access, woodgrain effect laminate floor covering, coving to ceiling and central heating radiator.
Bedroom Two 11’11” into chimney recess x 11’4”
With sealed unit double glazed window in uPVC frame to front elevation, coving to ceiling, television jack point and double central heating radiator.
To the rear there is a yard with a garden which is mainly laid to lawn with timber panelled fencing and concrete posts.
Leaving Derby City centre from the Burton Road (A5250) at the traffic lights with Derbys inner ringroad turn left onto Warwick Avenue (A5111). Continue over the first island and take the second turning left onto Derby Lane, immediate right onto Randolph Road, continue for a short distance along the pedestrian area zone and the property will be located on the left hand side as denoted by our auction for sale board.
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 prior to the auction 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 the auction. 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.
A 10% deposit is payable on the fall of the gavel, subject to a minimum of £5,000.
*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, 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. 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 the Guide Price and the Reserve Price click here.
Energy Performance Certificates
EPCs can be viewed in full in the lot information section at the top of this page or in the legal pack.
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 or cheque deposits. Remote bidding facilities are also available.
The sale of each lot is subject to a buyer’s fee of £1,074 inc VAT (£895 + VAT) (unless otherwise stated in the important notices), payable on the fall of the hammer.
The purchase of this property may include associated fees not listed here. Any additional fees will be confirmed in the legal pack which can be downloaded from our website from the lot information section above. Or to find out more about any additional fees associated with this property please contact the auction office.