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160 Woods Lane, Derby, DE22 3UE

Lot no: 11.0 Sold at Auction for £78,000
 

Guide Price £74,000 plus fees


Thursday 23rd October 2014

12.00am
Key Features
An opportunity to acquire an extremely well maintained and continuously improved three bedroomed terraced house which is being sold subject to an assured shorthold occupancy.
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Sold at Auction for £78,000

Mid-terraced House

Property Description

FOR SALE BY AUCTION: THURSDAY 23RD OCTOBER 

AT IPRO STADIUM, DERBY

COMMENCING AT 11.30 AM

DRAFT DETAILS ONLY.

Located in the upper part of Woods Lane, close to local supermarket, public transport and within about a mile of the City centre, an opportunity to acquire an extremely well maintained and continuously improved three bedroomed terraced house which is being sold subject to an assured shorthold occupancy.

The property has been rented for several years and provides good quality accommodation.  The current rent is £563 pcm (£6,756 p.a.) and the sale of the property therefore provides an excellent opportunity for a sound house with good return.

In more detail it comprises

Shared Entrance Passage 
With side door to

Entrance Lobby

Front Sitting Room
With modern gas fire and surround.

Rear Living Room
With modern gas fire and surround.

Kitchen
With modern range of fittings.

Bathroom
With a modern white three piece suite including shower over bath and a wall mounted Worcester combination boiler.

Passaged Landing

Three Good Bedrooms
Two with original cast iron fireplaces and one with fitted wardrobes.

Outside
Enclosed easily maintained block paved rear courtyard style garden.

Tenancy Details
The property is let on an assured shorthold agreement at a reserved rent of £563 pcm (£6,756 p.a.).

Directions
Leave the City centre along Abbey Street, crossing Mercian Way and continuing towards Burton Road.  Presently turn right into Boyer Street, take the first turning on the right into Farm Street and then first into Woods Lane where the property will be found 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. 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

Feature 1

EXCELLENT RESIDENTIAL INVESTMENT OPPORTUNITY

Feature 2

Well appointed three bedroomed terraced house

Feature 3

Gas centrally heated, uPVC double glazed (one exception)

Feature 4

Currently let at £563 pcm

Feature 5

EPC Rating : D

Tenure: