Flat / Apartment
FOR SALE BY AUCTION: THURSDAY 23RD OCTOBER
AT IPRO STADIUM, DERBY
COMMENCING AT 11.30 AM
DRAFT DETAILS ONLY.
Drewry Lane runs parallel to Uttoxeter New Road and is within convenient distance of the City centre and other facilities.
The property has long since been divided into two self-contained flats and provides high quality double glazed accommodation with the benefit of electric heating.
In more detail it comprises the following
Combined Entrance Hall
128A DREWRY LANE (Ground Floor)
Entrance Lobby
Sitting Room
With electric storage heater.
Breakfast Kitchen
With modern range of fitments and off to Cellar.
Rear Lobby
Shower Room/wc
With electric storage heater.
Double Bedroom
With electric storage heater.
Access to rear garden.
128B DREWRY LANE
Enclosed stairs to first floor landing
Modern Fitted Kitchen
Bathroom
With usual suite and shower over bath.
Double Bedroom
With electric storage heater.
Sitting Room
With electric storage heater.
Tenancy Details
128a is let at £375 pcm. 128B is let at £396.48 pcm. Both are on assured shorthold agreements and the combined reserved rent amounts to £9,257.76 p.a.
Directions
Leave the City centre along Uttoxeter New Road and take the first left hand turn into Peet Street, turning first left again into Drewry Lane and 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 tenancies.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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
SUPERB RESIDENTIAL INVESTMENT PROPERTY
Two self-contained one bedroomed flats
Both let on AST’s at a combined rent of £9,257.76 p.a.
Consistently popular and convenient residential location
EPC Rating : 128a – E and 128b – D
