Mid-terraced House
FOR SALE BY AUCTION - THURSDAY 11TH SEPTEMBER 2014
AT IPRO STADIUM, DERBY
COMMENCING AT 11.30 AM
Francis Street is situated between St. Marks and Beaufort Street, within convenient distance of the City centre but with local shops, surgery, dental practice and other facilities within the near vicinity.
The property has been the subject of a scheme of modernisation and provides well equipped modern fitted accommodation which in more detail is as follows
Front Sitting Room
With uPVC entrance door and fitted gas fire.
Inner Lobby
With understair store cupboard.
Living Room
With fitted gas fire and enclosed stairs off to first floor.
Kitchen
With range of work surface, inset stainless steel sink, base and wall cupboard units, appliance space.
Rear Entrance Lobby
With uPVC rear entrance door.
Utility Room/wc
First Floor
Passaged Landing
Two Double Bedrooms
With electric storage heaters.
Bathroom
With modern white suite of fittings and shower over bath, cupboard enclosing hot water cylinder with immersion heater.
Outside
Shared side entry passage leading to an enclosed rear yard and a mostly paved rear garden.
Tenancy
The property is let on an assured shorthold agreement at £475 pcm (£5,700 p.a.)
Directions
From the City centre proceed to the Pentagon island and take the second exit onto Nottingham Road. Presently take the second turn on the left into St. Marks Road and the first turn right into Francis Street where the property will be found on the left hand side.
Vendors Solicitors/Licensed Conveyancers
John M. Lewis & Co, 92 St. Peter’s Street, Derby DE1 1SR – telephone 01332-292204
Tenure
Freehold. 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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.
*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 EPC’S AND LEGALS PLEASE SEE THE WEBSITE
WWW.GRAHAMPENNY.COM
EXCELLENT RESIDENTIAL INVESTMENT PROPERTY
Modernised two bedroomed terraced house
Re-roofed and uPVC double glazed
Let on assured shorthold tenancy producing £5,700 p.a.
EPC Rating : F
