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Abbey Lodge , 59A Abbey Street , Derby , DE22 3SJ

Lot no: 54.0 Withdrawn Post
 

Guide Price £250,000 plus fees


Thursday 6th December 2012

12.00am
Key Features
Abbey Lodge is situated on the edge of the new ring road close to the city centre and comprises a 2 storey traditionally constructed brick built building with gas central heating and double glazing. Accommodation provides 20 student letting rooms each wit
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Property Description

DRAFT DETAILS ONLY.

High yielding Freehold student investment comprising 20 room campus producing £52,000pa.

DESCRIPTION

Abbey Lodge is situated on the edge of the new ring road close to the city centre and comprises a 2 storey traditionally constructed brick built building with gas central heating and double glazing. Accommodation provides 20 student letting rooms each with own hand basin together with communal kitchens, common living room, w.c.'s and shower rooms.

Outside laundry room and off road parking.

17 rooms are let @ £220pcm and 3 rooms are let @ £200pcm making a total income of £52,080pa.

TENURE

Freehold

SUBJECT TO TENANCIES

VIEWING ARRANGEMENTS

By arrangement with the Auctioneers  01332 242880

 

FOR SALE BY AUCTION: THURSDAY 6TH DECEMBER 2012

AT PRIDE PARK STADIUM, DERBY

COMMENCING AT 11.30 AM

FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE

WWW.GRAHAMPENNY.COM

Tenure: