Town House
DRAFT DETAILS ONLY.
Mount Carmel Street is a cul-de-sac of Victorian character properties situated off St. Chads Road. The house has been divided into two self-contained flats but retains much of its inherent character and space.
In more detail the accommodation is as follows,
Flat One
Having Sitting Room, Kitchen, Double Bedroom, Shower Room/wc.
First Floor
Flat Two
Having Sitting Room, Kitchen, Double Bedroom, Shower Room/wc.
Outside
Small gardens to front and rear.
Tenancy Details
Both flats are currently let on assured shorthold agreements, each at £325 per calendar month (£7,800 per annum equivalent). It is considered that there is some potential for increase in rent raising the total yield to approximately £8,500.
Directions
From the City centre take the Burton Road crossing the Abbey Street junction and thereafter taking the first turning on the left into Breedon Hill Road. Immediately turn left again into Empress Road and proceed to the T-junction with St. Chads Road. turn left and Mount Carmel Street is the first turn on the left hand side.
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 Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold or withdrawn.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.
For Sale by Auction: Thursday 2nd December 2010
At Pride Park Stadium, Derby
Commencing at 11.30 am
RESIDENTIAL INVESTMENT PROPERTY
Large late Victorian house divided into two self-contained flats
Self-contained one bedroomed accommodation
Both well let but with potential for increase in yield
