House of Multiple Occupation
***Potential high yielding residential investment opportunity***
Offered for sale with immediate vacant possession, is a substantial semi-detached property with a full HMO license for five bedrooms, situated within a strong letting location, conveniently positioned for the Royal Derby Hospital, Derby University Campus and city centre.
The well equipped and versatile living accommodation is arranged over four floors and in brief comprises of entrance hall, bedroom, communal lounge/bedroom and fitted kitchen. To the first floor there are two shower rooms, bedroom/study. To the second floor there are three further bedrooms and on the third floor a double bedroom.
Externally, there is off-road parking to the front and side set behind a mature screening hedge. There is also an enclosed rear garden.
Uttoxeter Road is a strategic part of Derbys road network usefully connecting the city centre to the Derby Royal Hospital and beyond into Mickleover, all served by a frequent public transport service. There are also nearby various sites and campuses of the University of Derby. Local facilities include a national discount supermarket chain, public houses and Kingsway retail park with various shopping outlets and gym.
Comprising -
Main front door, stairs to first floor and lower ground floor.
UPVC double glazed window, radiator.
UPVC double glazed window to rear elevation, radiator.
Access to cellar.
A fitted kitchen having a range of wall and base units with matching cupboard and drawer fronts, laminate work surfaces, tiled walls, stainless steel sink and drainer, electric oven, electric hob and extractor fan, space for further appliances, side UPVC double glazed window and back door, wall mounted combination gas boiler, radiator.
Appointed with a shower cubicle having an electric shower and bi-folding shower screen door, low-level WC and wash basin, UPVC double glazed window, extractor fan and radiator.
Appointed with a shower cubicle having an electric shower and sliding shower screen door, low-level WC and wash basin, UPVC double glazed window, extractor fan and radiator.
With rear facing UPVC double glazed window, wash basin and radiator.
UPVC double glazed window to rear elevation, built-in wardrobe and shelves, corner wash hand basin, radiator.
UPVC double glazed window to the front elevation, built-in cabinet, radiator.
UPVC double glazed window to the front elevation, radiator.
Store cupboard.
UPVC double glazed window to the side elevation, wash hand basin, radiator.
Externally there is off road parking to the front and side set behind a mature screening hedge. There is also an enclosed rear garden.
99 years from 25 May 2006. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
These sales details are awaiting vendor approval.
Leasehold. Vacant possession upon completion.
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- Heating Supply: Double Glazing, Gas Central
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
Off Street
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.
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 1.2% of the purchase price (subject to a minimum 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.
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