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4 Lime Avenue, Burton Road, Derby, DE1 1TU

Lot no: 32.0 Sold at Auction for £147,000
 

Guide Price £110,000 plus fees


Thursday 8th July 2010

12.00am
Key Features
Imposing Victorian semi detached house currently divided into separate letting units
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Sold at Auction for £147,000

Semi-Detached House

Property Description

DRAFT DETAILS ONLY

Situated within walking distance of the City centre, Lime Avenue is a short cul-de-sac of stylish houses, many of which have been divided into flats but several are in single occupation.

 

Number 4 has been registered as bed-sits but a scheme of adaptation and improvement has now created four flats (although planning consent has not been sought) and a scheme or refurbishment is essentially complete with the exception of some kitchen and bathroom fitments.

Subject to completion, the property will offer two flats at ground floor level, one at first floor level and another at first floor and including second floor accommodation, all self-contained.  Its earning potential could be excess of £15,000 per annum.  However it should be stressed that planning for conversion into flats has not been sought although is unlikely to refused in the opinion of the agents.  Alternatively the property could return to its original use as a single family residence, of particular space and character.

 

The accommodation currently is as follows –

 

Entrance Lobby

Leading into –

 

Entrance Hall

With access off to cellar.

 

Rear Flat

Having living room/ Bedroom, unfitted kitchen and unfitted shower room, external access to rear garden.

 

Front Ground Floor Flat

Having entrance lobby, shower room/wc, living room, separate bedroom and kitchen.

 

First Floor Flat

Comprising living room, separate bedroom, kitchen and shower room.

 

Duplex Flat

Having kitchen and living room at first floor level and private staircase leading to a second floor bedroom and bathroom.

 

Externally

There is a walled forecourt, side path leading to an entirely surfaced rear yard.

 

Directions

If approaching from the inner ringroad within the City centre, proceed up Charnwood Street, into Mill Hill Lane following the bend round into Mount Street, taking the left hand land and following the road round into Burton Road.  Lime Avenue is the first available turning on the left.

 

Vendors Solicitors/Licensed Conveyancers

Beightons, 4 Victoria Street, Derby DE1 1EQ – telephone 01332-346430

 

Tenure

Freehold. Vacant possession on completion.

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 buyers contract handling fee of £395 (inc VAT) payable on the fall of the hammer.

For Sale by Auction: Thursday 8th July 2010

Pride Park Stadium, Derby

Commencing at 11.30 am

www.grahampenny.com

 

 

Feature 1

Imposing Victorian semi detached house currently divided into separate letting units

Feature 2

Thorough scheme of renovation and improvement virtually complete

Feature 3

Could easily revert to single residence

Feature 4

Viewing essential – offered with vacant possession but potential superb investment

Tenure: