Mid-terraced House
FOR SALE BY AUCTION: THURSDAY 10TH JULY
AT IPRO STADIUM, DERBY
COMMENCING AT 11.30 AM
A two double bedroomed mid-terraced property situated within a short walking distance of the City centre and which is currently let producing £4,316 per annum (though we feel there is scope for rental increase).
The property is in need of a comprehensive scheme of improvement and comprises lounge, inner lobby, door to cellar, separate dining room and fitted kitchen. To the first floor the passaged landing leads to two double bedrooms and bathroom with three piece suite including shower. There is an enclosed low maintenance garden to the rear.
In more detail the accommodation comprises
Lounge 11'6" x 11'3" into chimney recess
Entered by door to front, window to front, moulded coving to ceiling, picture rail.
Inner Lobby
With door to Cellar.
Dining Room 11'6" into chimney recess x 11'5"
Having window to rear elevation, staircase to first floor and opening through to the –
Kitchen 9'4" x 6'2"
Having half obscure glazed door to the side. Fitted kitchen comprising a range of wall mounted cupboards with base units, drawers, hard top work surface, stainless steel sink and drainer, splashback tiling and plumbing for automatic washing machine.
First Floor
Passaged Landing
Bedroom One 11'6" x 11'5" into chimney recess
With window to front elevation.
Bedroom Two 11'6" x 8'4"
With window to the rear, built in cupboard with loft access.
Bathroom 9' x 6'3"
With window to rear elevation. Fitted with a three piece suite comprising panelled bath with shower unit over and shower rail, low level wc, pedestal wash hand basin.
Outside
To the rear of the property there is a low maintenance garden which is mainly slabbed.
Directions
From Abbey Street proceed to the set of traffic lights for the inner ringroad and continue straight ahead, eventually turning right onto Stockbrook Street, immediate right onto Monk Street, take the second turning left onto King Alfred Street and the property will be located on the left hand side as denoted by our auction for sale board.
Vendors Solicitors/Licensed Conveyancers
Moody & Woolley, 40 St. Mary's Gate, Derby DE1 3JZ – telephone 01332-344221
Tenure
Freehold. Subject to tenancy.
Tenancy Details
The property is let on an 12 month assured shorthold agreement commencing 1st September 2013 at £332 per four weeks (£4,316 per annum).
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.
FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE
Two double bedroomed mid-terraced property
Comprehensive scheme of improvements required
Currently let producing just over £4,000 per annum
Excellent investment opportunity
EPC Rating : F
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