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116 St Giles Road, Derby, DE23 8SJ

Lot no: 12.0 Sold at Auction for £88,000
 

Guide Price £80,000 plus fees


Wednesday 31st March 2010

12.00am
Key Features
Three double bedroomed terraced house with two reception rooms and large kitchen let on fixed term contract
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Sold at Auction for £88,000

Mid-terraced House

Property Description

Situated in an established residential area close to all facilities, an opportunity to acquire a traditional passaged town house providing spacious accommodation which has been the subject of a group repair scheme to include a new roof covering, new rainwater goods, and new front boundary wall and hand-gate amongst other items.

 

The double glazed gas centrally heated accommodation briefly provides for a passaged entrance hall, two living rooms, dining kitchen with modern fitments, ground floor bathroom, three double bedrooms at first floor level.

 

It is let on a contract until February 2011, which we understand is possibly renewable, and the current reserved rent is £600 per calendar month (£7,200 per annum).

 

In more detail the accommodation comprises -

 

Passaged Entrance Hall

With uPVC front entrance door and stairs off to first floor.

 

Front Sitting Room

 

Living Room

 

Dining Kitchen

With a range of fitments including oven and hob, central heating boiler.

 

Modern Fitted Bathroom

With a three piece suite including shower over bath.

 

First Floor Landing

 

Three Double Bedrooms

 

Externally

There is a walled forecourt, and a rear yard and small garden.

 

Lease Details

The property is let on contract to 28th February 2011 at a  reserved rent of £600 per calendar month (£7,200 per annum).  We are given to understand that it might be renewable.

 

 

 

Directions

The easiest approach from the City centre is to take the Burton Road to the outer ringroad junction and bear left down Warwick Avenue.  At the traffic island take the first exit and at the next traffic island also take the first exit.  St Giles Road is the first turning on the right.

 

Vendors Solicitors/Licensed Conveyancers

 Hawley & Rodgers, 2 Clarendon Street, Nottingham  NG1 5JQ - telephone 0115-822 3525

 

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 or 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 or credit card deposits.

 

The sale of each lot is subject to a contract documentation charge of £395 (inc VAT) payable on the fall of the hammer.

For Sale by Auction: Wednesday 31st March

At Pride Park Stadium, Derby

Commencing at 11.30 am

www.grahampenny.com

 

 

Feature 1

EXCELLENT INVESTMENT PROPERTY

Feature 2

Passaged three double bedroomed terraced house with two reception rooms and large kitchen

Feature 3

Gas centrally heated, double glazed and with new roof cladding

Feature 4

Let on fixed term contract

Tenure: