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64 May Street, Derby, DE22 3UP

Lot no: 12.0 Sold at Auction for £75,000
 

Guide Price £72,000 plus fees


Thursday 23rd October 2014

12.00am
Key Features
An opportunity to acquire a gas centrally heated, well appointed two bedroomed terraced house.
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Sold at Auction for £75,000

Mid-terraced House

Property Description

FOR SALE BY AUCTION: THURSDAY 23RD OCTOBER 

AT IPRO STADIUM, DERBY

COMMENCING AT 11.30 AM

DRAFT DETAILS ONLY.

May Street is situated off Farm Street in the Woods Lane area of the City, and within comfortable distance of the City centre.  There are however local shops and other facilities.

The property has been rented for several years but has been continuously maintained and provides good quality accommodation. 

The previously rent is £485 per four weeks (£6,305 per annum) and the sale of the property therefore provides an excellent opportunity for a sound house with good return.  In more detail it comprises

Sitting Room
With front entrance door and fitted gas fire

Lobby
With access off to Cellar.

Dining Room
With fitted gas fire and stairs off to first floor.

Modern Fitted Kitchen

Passaged Landing

Front Bedroom
With two windows and extending over the entry beneath.

Rear Bedroom
Also extending over entry beneath.

Bathroom
With white suite of fittings.

Outside
Rear yard and patio area.  Attached brick outbuildings.  Easily maintained garden.

Directions
From the City centre leave along Abbey Street crossing the City inner ringroad and taking the first turning on the right into Alma Street.  At the crossroads turn left onto Woods Lane, taking the first right onto Spring Street, first left onto Farm Street and first right onto May Street where the property will be found towards the upper end on the right hand side.

Vendors Solicitors/Licensed Conveyancers
John M. Lewis & Co, 92 St. Peter’s Street, Derby DE1 1SR  telephone 01332-292204

Tenure
Freehold. Vacant possession on completion.

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 Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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

Well appointed two bedroomed terraced house

Feature 2

Gas centrally heated, double glazed and first floor extending over entry beneath

Feature 3

Previously let at £485 per four weeks

Feature 4

Excellent investment property

Feature 5

EPC Rating : E

Tenure: