Terraced House
Located just off the popular Kedleston Road is a well equipped, three double bedroomed, three storey palisaded mid-terraced property, situated within easy reach of local recreational park, shops, University Campus and the city centre.
The flexible character living accommodation offers four lettable rooms with neutral decor and with the added benefit of being uPVC double glazed and gas centrally heated. In our opinion if the property was fully let on a room by room basis, we would estimate a combined rental income of circa £20,000 per annum. This would represent an impressive 13.8% return based on the guide price.
A recommended internal inspection will reveal an entrance hall with staircase and door to cellar, front dining room/bedroom, full width rear sitting room and light and spacious fitted kitchen with built-in-appliances. To the first floor the L-shaped passaged landing leads to two genuine double bedrooms, bathroom with four piece suite in white with separate shower and staircase to a large converted loft/bedroom room. Outside to the front there is a small forecourt and to the rear a low maintenance private rear garden.
The property is situated in a very popular and strong letting location and is offered for sale at very sensible guide price.
L-shaped 17ft 6 x 11ft 4
11ft 6 x 10ft 9 into chimney recess
14ft 1 into chimney recess x 12ft 7
13ft 6 x 9ft 4
L-shaped 14ft 1 x 16ft 1
14ft 5 x 12ft 1
12ft 6 x 11ft 5 into chimney recess
9ft 6 x 7ft 5
19ft 5 restricted height x 13ft 9
To the front there is a small forecourt and to the rear a low maintenance private rear garden.
These sales details are awaiting vendor approval.
Freehold. Vacant possession upon completion.
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 auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of £1,500 inc. VAT
The Buyers 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 Price
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.
