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101 a-b Station Road, Ilkeston, DE7 5LH

Lot no: 18.0 Sold at Auction for £70,000
 

Guide Price £65,000 plus fees


Thursday 23rd October 2014

12.00am
Key Features
RESIDENTIAL INVESTMENT OPPORTUNITY- An excellent corner property providing two one bedroomed self-contained flats equipped to a high standard.
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Sold at Auction for £70,000

Flat / Apartment

Property Description

FOR SALE BY AUCTION: THURSDAY 23RD OCTOBER 

AT IPRO STADIUM, DERBY

COMMENCING AT 11.30 AM

An excellent corner property which has recently been the subject of a comprehensive scheme of repair, improvement and refurbishment to provide two excellent one bedroomed self-contained flats, equipped to a high standard and now tenanted.

Conveniently located for the town centre, the property comprises an excellent investment with a current combined reserved rent of £9,120 per annum.

In more detail the accommodation is as follows

101A STATION ROAD

Open Plan Living Room with Kitchen Area 17’9” x 11’4”
Having a range of base cupboard and drawer units, work surfaces, matching wall cupboards, fitted oven and hob with extractor hood, integrated fridge/freezer, carpeted flooring throughout and windows to side and front aspects.

Double Bedroom 11’3” x 11’2”
With carpeted floor.

Bathroom
Newly fitted with four piece suite comprising panelled bath, double shower compartment, pedestal wash basin, low flush wc, shaver point and obscured windows to front and side aspects.

Outside
Small enclosed courtyard area with access into the flat.

101B STATION ROAD

Excellent Open Plan Living Room with Kitchen Area 13’10” x 11’8”
Having a range of work surface with base and wall cupboard units, integrated electric oven with hob and kitchen extractor hood, inset stainless steel sink, further appliance space, central heating radiator, carpeted floor and windows to front and side elevations.

Bedroom 15’3” x 8’
Having carpeted floor and tv point.

Newly Fitted Bathroom
With three piece suite in white comprising panelled bath with shower fitting above, pedestal wash basin and low level wc, shaver point, chrome heated towel rail, obscured windows to front and side elevations.

Outside
Enclosed rear yard.

Directions
From Chalons Way turn right onto Station Road at the traffic island and the property will be found on the right hand side on the corner of Taylor Street after some 100 metres.

Tenancy Details
Both flats are let on assured shorthold agreements, and are sold subject to such.  101a is let at £375 pcm and 101b is let at £385 pcm.

Tenure
Freehold. Subject to tenancies.

Vendors Solicitors/Licensed Conveyancers
Shirley Fretwell, 42 Allendale, Ilkeston, Derby DE7 4LE – telephone 0115-932 3623

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 

Feature 1

EXCELLENT RESIDENTIAL INVESTMENT OPPORTUNITY

Feature 2

Two recently refurbished one bedroomed flats

Feature 3

High quality gas centrally heated, double glazed accommodation

Feature 4

Both let on assured shorthold agreements at a combined reserved rent of £9,120 p.a.

Feature 5

EPC Rating : 101A – D; 101B - D

Tenure: