Mid-terraced House
FOR SALE BY AUCTION: THURSDAY 23RD OCTOBER
AT IPRO STADIUM, DERBY
COMMENCING AT 11.30 AM
A superb investment property situated close to Gainsborough town centre, currently let generating £4,200 per annum. The PVC double glazed accommodation has undergone a scheme of improvements to include the fitting of modern kitchen and bathroom suite. The accommodation comprises
Front Reception Room 12'9" x 10'8"
With PVC double glazed window to front elevation and double glazed composite door, night storage heater and door to kitchen.
Kitchen 12'9" x 7'7"
Fitted with a range of wall and base units comprising cupboards drawers and work surfaces with stainless steel sink unit, integrated oven, hob and extractor, space for further kitchen appliances, PVC double glazed window and door to the rear garden.
First Floor Landing
With doors off to the bedrooms and bathroom.
Bedroom One 16'9" x 9'9"
With two PVC double glazed windows to the front elevation and night storage heater.
Bedroom Two 10'4" x 9'7"
With PVC double glazed window to the rear elevation and night storage heater.
Bathroom
Fitted with a panelled bath, pedestal basin, low flush wc, PVC double glazed window incorporating an opaque glazed unit to the rear elevation.
Outside
To the rear of the property there is an enclosed yard.
Vendors Solicitor/Licensed Conveyancer
Nelsons, Sterne House, Lodge Lane, Derby DE1 3WD – telephone 01332-372372
Tenancy Details
The property is let on an assured shorthold agreement at a rent of £350 per calendar month (£4,200 per annum)
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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
SUPERB INVESTMENT PROPERTY
PVC double glazed two bedroomed accommodation
Modern kitchen and bathroom
Close to town centre
Currently producing £4,200 per annum
EPC Rating : E
