Semi-Detached House
New Road is situated just a few yards from King Street, the town centre and very handy for all local facilities including Morrisons superstore. The property comprises an end town house, of some character, and as long since been converted into three self-contained flats, double glazed for the most part and with electric storage heating.
At the time of preparing these particulars, the ground floor flat is occupied subject to an assured shorthold agreement, and the other two flats are vacant. When fully occupied, the property will yield a rental income in excess of £11,500 per year.
In more detail the accommodation is as follows -
Communal Entrance Hall
With ornate arch and stairs off to first floor.
FIRST FLOOR FLAT
Having the benefit of storage heating comprising -
Private Entrance Hall
Bathroom
With panelled bath and pedestal wash basin, electric shower fitting over bath.
Modern Fitted Kitchen
With work surface having inset stainless steel sink, base and wall cupboard units, plumbing for washing machine and other appliance space.
Separate wc
With wash hand basin.
Sitting Room
With door off to -
Bedroom
An enclosed staircase leads to an Attic Room which currently passes with the occupancy of the ground floor flat.
GROUND FLOOR FLAT
Having -
Entrance Hallway
Living Room
With access through to -
Kitchen
Having stainless steel sink, two work surface, built in electric oven and hob, base cupboard units, wall cupboards, rear entrance door to shared yard.
Large Bedroom
Bathroom
With panelled bath, electric shower fitting above, pedestal wash basin and low flush wc.
LOWER GROUND FLOOR FLAT
Having access from the communal entrance hall and also from the rear yard.
Bedroom
With store room off.
Living Kitchen
With work surface having inset stainless steel sink, pantry cupboard off.
Bathroom
With white suite of panelled bath, pedestal wash basin and low flush wc.
Rear Entrance Lobby
With door to yard.
Outside
Rear yard with service footpath from Campbell Street.
Tenancy Details
The ground floor flat is currently occupied on an assured shorthold agreement terminating 11th May 2010 at a reserved rent of £390 per calendar month. The first floor flat was last let at £325 pcm and the lower ground floor flat at £250 pcm.
Vendors Solicitors/Licensed Conveyancers
Shacklocks, 25 Chapel Street, Belper, Derbys DE56 1AR - telephone 01773-822333
Tenure
Freehold. Subject to tenancies.
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
RESIDENTIAL INVESTMENT PROPERTY – three flats
Convenient, close town centre location
Part let; part vacant. Last full income over £11,500 per annum
