Flat / Apartment
*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.grahampennyauctions.com/glossary
FOR SALE BY AUCTION: THURSDAY 22ND MAY
AT IPRO STADIUM, DERBY
COMMENCING AT 11.30 AM
FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE
Five Lamps Court is a purpose built block of flats located about half a mile from the City centre and ideal for either a first time buyer or investment purposes. Flat 26 is a spacious ground floor flat which is currently let on an assured shorthold tenancy at £385 per calendar month and is ideal for investment purposes.
The accommodation comprises –
Recessed Entrance Porch
Private Entrance Lobby
Living Room
Double Bedroom
Kitchen
Bathroom
Externally
The flat benefits from a private garden along with resident's parking to the rear of the block.
Directions
From the City centre follow the signs for Allestree (A6) leaving the inner ringroad off St. Alkmunds Way, crossing back over the inner ringroad keeping to the left hand lane. Continue across the next set of traffic lights until, just after the next pelican lights turn left into Kedleston Street. At the right hand corner continue straight ahead which becomes a cul-de-sac and is an access road and parking area. Park to the right hand side and then walk round to the left hand side of Five Lamps Court into Nuns Green and the entrance to Flat 26 will be found on the right hand side.
Vendors Solicitors/Licensed Conveyancers
DBS Andersons, 40 The Ropewalk, Nottingham NG1 5EJ – 0115-947 0641
Tenancy Details
The flat is let on an assured shorthold agreement at a rent of £385 per calendar month (£4,620 per annum).
Tenure
Leasehold. Subject to tenancy.
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 deposits.
The sale of each lot is subject to a buyers contract handling fee of £750 (inc VAT) payable on the fall of the hammer.
A superb investment property
One bedroomed ground floor flat
Close to Derby City centre
Currently let at £385 per calendar month
EPC Rating : E
.jpg){kind=logo}
