End of Terrace
Occupying a very popular location, this high yielding freehold
investment property comprises four one bedroomed flats all of which are fully
let at £250 per calendar month and therefore producing £12,000 p.a. The vacant workshop to the rear is also
suitable for letting purposes and therefore would create a further income in
excess of the £12,000 already being created.
Normanton is a popular area of Derby with an excellent range of
amenities available locally including shops, schools and leisure
facilities. Derby City centre is
approximately 1.5 miles away offering a broader range of amenities.
21 Havelock Road
One bedroomed flat let on an assured shorthold tenancy at £250 per
calendar month (£3,000 per annum)
21A Havelock
Road
One bedroomed flat let on an assured shorthold tenancy at £250 per
calendar month (£3,000 per annum)
23 Havelock Road
One bedroomed flat let on an assured shorthold tenancy at £250 per
calendar month (£3,000 per annum).
23A Havelock
Road
One bedroomed flat let on an assured shorthold tenancy at £250 per
calendar month (£3,000 per annum)
Workshop
Currently vacant.
Vendors Solicitors/Licensed Conveyancers
John M. Lewis & Co, 92 St. Peter's
Street, Derby DE1 1SR telephone 01332-292204
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withdrawn.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.
The sale of each lot is
subject to a buyers contract handling fee of £495 (inc VAT) payable on the fall
of the hammer.
To comply with the Estate
Agents Act 1979, interested buyers/purchasers are informed that the vendor is an
associated company of Graham Penny Auctions Ltd.
FOR SALE BY AUCTION: THURSDAY 17TH MAY 2012
AT PRIDE PARK STADIUM, DERBY
COMMENCING AT 11.30 AM
FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE
Four flats plus a vacant workshop
All flats fully let producing £12,000 p.a.
Excellent opportunity
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