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38 Leopold Street, Derby, DE1 2HF

Lot no: 34.0 Withdrawn
 

Guide Price £185,000 plus fees


Thursday 17th May 2012

12.00am
Key Features
RESIDENTIAL INVESTMENT PROPERTY
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Withdrawn

Town House

Property Description

DRAFT DETAILS ONLY.

Conveniently located close to the City centre, an opportunity to
acquire a self-contained Victorian house, providing three floor
accommodation and divided into five self-contained flats.

The auctioneers have not inspected the properties internally but
believe the accommodation to be arranged as follows

Ground Floor Communal
Entrance Hall

With stairs to first and second floors.

Flat One a one
bedroomed self-contained flat.

Flat Two a one
bedroomed self-contained flat.

First Floor
Landing

Flat Three a studio
flat.

Flat Four a
self-contained one bedroomed flat.

Second Floor

Flat Five a one
bedroomed self-contained flat.

Rent Schedules

Flat One  £470.00

Flat Two  £470.00

Flat Three  £250.00

Flat Four  £440.00

Flat Five  £465.00

TOTAL  £2,095 pcm

ANNUAL  £25,140

Tenancy Details

It is understood that the property is let on current assured
shorthold agreements.

Directions

From the inner ringroad leave along
Normanton Road and take the third turning on the left into Leopold Street.  The property will be found on the right
hand side with on-street parking available opposite.

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withdrawn.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.

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

WWW.GRAHAMPENNY.COM

Feature 1

RESIDENTIAL INVESTMENT PROPERTY

Feature 2

Large Victorian three storied house

Feature 3

Divided into five flats and fully let

Feature 4

Reserved rents of over £25,000 per annum

Tenure: