Detached House
The property, which is situated on the corner of Belper Street,
consists of a former public house and with rear yard and outbuilding, which
with the benefit of planning consent was converted within the last five years
into two large self-contained gas centrally heated and double glazed
apartments. Both have been in owner
occupation, and are sold with the benefit of vacant possession, but are capable
of deriving an excellent investment income.
To the rear of the property is a largely surfaced yard area
providing ample parking, and there is a detached single storey brick building
with the benefit of planning consent to convert into a two bedroomed dwelling.
The whole property provides enormous investment potential, capable
of a high yield. An inspection is
strongly recommended.
Both apartments have been converted to a high standard and provide
very comfortably equipped gas centrally heated double glazed accommodation
which is more particularly described as follows –
GROUND FLOOR
FLAT –
Entrance
Lobby
Superb,
Well Fitted Kitchen
With large living area.
Inner
Hall
Three
Bedrooms
Bathroom/wc
Rear
Hall/Entrance Lobby
FIRST FLOOR FLAT –
Ground
Floor Entrance Hall and stairs to Landing
Superbly
Fitted Kitchen
With large living area, French doors to balcony and spiral
staircase.
Three
Bedrooms
Bathroom
Plus shower enclosure.
Outside
Generous sized rear yard and potential garden. Ample parking.
Single storey detached brick outbuilding with planning consent to
convert to a bungalow residence which would contain an entrance area, fitted
kitchen with living area, bathroom/wc, and two bedrooms. The conversion plan also illustrates
allocated parking for six vehicles together with a garden area to serve the
bungalow.
Note
It is considered that the two flats, quite apart from the
bungalow, could derive an income of at least £11,000 per annum.
Planning Details
The outbuilding has the
benefit of planning consent granted by Erewash Borough Council under reference ERE/1211/0005
dated 18th January 2012 for
conversion into a two bedroomed residence, together with an area of private
garden, and communal parking for six vehicles (serving three separate
dwellings).
Directions
From the traffic island at the junction
of Nottingham Road, Stanton Road and Chalons Way, take the A609 Derby Road and
Belper Street is the first turning on the left by the Three Horseshoes
Pub. Parking can be found within the
yard at the rear of number 13 (first opening to the right off Belper Street).
Vendors Solicitors/Licensed Conveyancers
Ashton Bond Gigg, Pearl Assurance House,
Friar Lane, Nottingham NG1 6BX – telephone 0115-947 6651
Tenure
Freehold. Vacant possession on
completion.
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 nor
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 £600 (inc VAT) payable on the fall
of the hammer.
FOR SALE BY AUCTION: THURSDAY 14TH FEBRUARY 2013
AT PRIDE PARK STADIUM, DERBY
COMMENCING AT 11.30 AM
FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE
Superb residential property for either owner occupation or investment purposes
Two high quality and extensive three bedroomed apartments
Outbuilding with planning permission for two bedroomed bungalow
Convenient location close to town centre
Energy Efficiency Rating- C
