Mid-terraced House
DRAFT DETAILS ONLY.
An opportunity to acquire a three bedroomed terraced house which is currently let on an assured shorthold agreement. However vacant possession could be offered on completion (which will be October 2nd) subject to the purchaser exercising the option for possession immediately after the auction sale on signing contracts. Otherwise it is sold subject to tenancy on a current reserved rent of £400 pcm.
The house has been modernised although some improvement to the bathroom fittings might be desirable. Subject to a Group Repair Scheme it has had double glazing and a new roof covering together with new front boundary wall and rainwater goods. The house also has the benefit of gas central heating.
In more detail it comprises
Front Sitting Room
With central heating radiator, new uPVC double glazed front entrance door, half height fitted cupboard to chimney recess.
Living Room
With understair storage cupboard off, central heating radiator and stairs off to first floor.
Kitchen
With range of base cupboard units, work surfaces, wall cupboards, stainless steel sink, central heating boiler and half glazed rear entrance door (single glazed).
Bathroom
With three piece suite of panelled bath, pedestal wash basin and low flush wc, central heating radiator.
Stairs to First Floor and Passaged Landing
Front Bedroom
With central heating radiator.
Middle Bedroom
With central heating radiator.
Rear Bedroom
With central heating radiator.
Outside
Walled forecourt. Rear yard and garden with attached outbuildings.
Tenancy Details
The property is let on a periodic assured shorthold agreement at a reserved rent of £400 pcm.
Vendors Solicitors/Licensed Conveyancers
Tenure
Freehold. Subject to tenancy.
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 Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold or withdrawn.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 £495 (inc VAT) payable on the fall of the hammer.
For Sale by Auction: Thursday 1st September 2011
At Pride Park Stadium, Derby
Commencing at 11.30 am
RESIDENTIAL INVESTMENT PROPERTY could be offered with vacant possession
Three bedroomed palisaded terraced house
Gas centrally heated, double glazed and with new roof covering
Let at £400 pcm (£4800 per annum)
