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40 Hartington Street, Derby, DE23 8EA

Lot no: 28.0 Sold After Auction
 

Guide Price £185,000 plus fees


Thursday 6th September 2012

12.00am
Key Features
RESIDENTIAL INVESTMENT PROPERTY
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Sold After Auction

Town House

Property Description

RESIDENTIAL INVESTMENT PROPERTY. Victorian town house divided into seven letting units, mostly
occupied, and at a reserved rent of £19,800 per annum.  Full rental yield circa £27,000 p.a.

ACCOMMODATION :

The
auctioneers have not inspected the property but believe it to comprise

Ground Floor :

Communal entrance hall, stairs and landings.  Flat
One having bedroom, lounge, kitchenette and bathroom.  Flat
Two having sitting room, two bedrooms, kitchen/store room and bathroom.

First Floor :

Flat Three having bedroom,
sitting room with kitchen area, shower and wc.  Flat
Four having sitting room, kitchen, bedroom, bathroom/wc.

Second Floor :

Flat Five having bedroom,
sitting room, kitchen and bathroom.  Flat Six having bedroom, sitting
room, kitchen and bathroom.

Third Floor :

Flat Seven having sitting
room, two bedrooms, kitchen and bathroom.

Outside

Enclosed
forecourt with railings to street.
rear yard and garden with rear access from Hartington Mews.

TENANCY DETAILS :

At
the time of preparation of the catalogue, five of the seven flats were let on
assured shorthold agreements at a combined monthly rent of £1,650 (£19,800
p.a. equivalent).  It is estimated that
a full income would exceed £27,000 p.a.

TENURE :

Freehold

PART LET; PART
VACANT

VIEWING
ARRANGEMENTS

By
arrangement with the Auctioneers  01332-242880

FOR SALE BY AUCTION: THURSDAY 6TH SEPTEMBER 2012

AT PRIDE PARK STADIUM, DERBY

COMMENCING AT 11.30 AM

FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE

WWW.GRAHAMPENNY.COM

Tenure: