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46 Northumberland Street, Derby, DE23 6UB

Lot no: 58.0 Sold Prior to Auction
 

Guide Price £165,000 plus fees


Thursday 2nd September 2010

12.00am
Key Features
HIGH YIELD RESIDENTIAL INVESTMENT PROPERTY
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Sold Prior to Auction

Town House

Property Description

DRAFT DETAILS ONLY

Northumberland Street is located off Howard Street and is a no-through road. Accessed from St. Chads Road it is conveniently situated for local facilities.

 

The property has been converted into six, one bedroomed flats, each having a living room with kitchen area, separate bedroom and bathroom/wc.

 

There is a walled forecourt, and a rear yard.

 

The accommodation comprises:

 

Ground Floor : FLAT A having lounge with kitchen area, bedroom, bathroom/wc. FLAT B having lounge with kitchen area, bedroom, bathroom/wc.

 

First Floor : FLAT C having lounge with kitchen area, bedroom, bathroom/wc. FLAT D having lounge with kitchen area, bedroom, bathroom/wc.

 

Second Floor : FLAT E having lounge with kitchen area, bedroom, bathroom/wc. FLAT F having lounge with kitchen area, bedroom, bathroom/wc.

 

Outside : Walled forecourt, rear yard.

 

Tenancy Details

The six flats are occupied on assured shorthold agreements at a combined reserved rent of £20,400 p.a.

 

 

 

 Directions

From the City centre leave via Burton Road, crossing the Abbey Street junction traffic lights and thereafter taking the first turning on the left into Breedon Hill Road. Take first left again into Empress Road and continue across St. Chads Road junction to the T-junction with Howard Street. Turn right, take first left into Northumberland Street and the property will be found on the left hand side.

 

Tenure

Freehold. Subject to tenancies; one flat vacant.

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 Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold or withdrawn.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: Thursday 2nd September 2010

At Pride Park Stadium, Derby

Commencing at 11.30 am

www.grahampenny.com

Feature 1

RESIDENTIAL INVESTMENT PROPERTY

Feature 2

Large three storied end town house

Feature 3

Six one bedroomed self contained flats

Feature 4

Current rental income £20,400 p.a.

Tenure: