Redshaw Street is situated off Kedleston Road, half a mile from the University of Derby and about the same distance from the City centre.  It is consistently popular and attractive to both owner occupiers and investors.

The property has the benefit of gas central heating and double glazing, and provides two reception rooms, extended kitchen, three first floor bedrooms and bathroom.  The property is let on a furnished basis to four student occupants for the current academic year to 30^th June 2008.

In more detail the accommodation is as follows -

Entrance Hall

With ceramic tiled floor, central heating radiator, stairs off to first floor.

Front Sitting Room/Letting Room 11'10" x 11'4"

Having feature fireplace with inset gas fire, sealed unit double glazed window, central heating radiator.

Sitting Room/Communal Lounge 12'1" x 11'2"

With laminate floor, inset fireplace, central heating radiator, sealed unit double glazed window.

Extended Fitted Kitchen 18'7" x 7'5"

Having a range of base and wall cupboard units with work surface, inset single drainer sink, built in oven, gas hob with extractor, plumbing for washing machine, tiled floor, central heating boiler, access to large store cupboard off understairs.

First Floor Landing

With built in cupboard.

Bathroom

Having panelled bath with shower fitting over, wc, pedestal wash basin, central heating radiator.

Bedroom One 11'3" x 9'6"

With central heating radiator and sealed unit double glazed window.

Bedroom Two 11'3" x 8'9"

With central heating radiator and sealed unit double glazed window.

Bedroom Three 6'2" x 8'3"

With sealed unit double glazed window.

Outside

Small enclosed mainly surfaced rear yard and garden.

Tenancy Details

The property is let for the academic year to 30^th June 2008 to four male students each paying £215 per calendar month - £10,320 per annum in total.

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 12.30 pm.  Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold or withdrawn.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 or credit card deposits.

The sale of each lot is subject to a contract documentation charge of £145 (inc VAT) payable on the fall of the hammer.

For Sale by Auction: Friday 7th December 2007

At Pride Park Stadium, Derby

Commencing at 12.30pm

www.grahampenny.com