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

Lot no: 34.0 Sold Prior to Auction
 

Guide Price £200,000 plus fees


Friday 14th February 2014

12.00am
Key Features
High yielding Freehold student investment comprising 20 room campus recently producing £52,000pa.
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Sold Prior to Auction

Commercial

Property Description

FOR SALE BY AUCTION: FRIDAY 14TH FEBURARY 2014

AT IPRO STADIUM, DERBY

COMMENCING AT 11.30 AM

DRAFT DETAILS ONLY.

High yielding Freehold student investment comprising 20 room campus recently 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.

Currently 7 of the rooms are let @ £220pcm but when fully let produces an income of £52,080pa.

Up-to-date gas, electricity and emergency lighting certificates available upon request.

TENURE

Freehold

PART LET; PART VACANT

VIEWING ARRANGEMENTS

By arrangement with the Auctioneers  01332 242880

 

FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE

WWW.GRAHAMPENNY.COM

Tenure: