Located on the fringe of the City centre and convenient for all facilities, a much improved three storied (plus cellar) Victorian bay windowed semi detached house which has been continuously upgraded and improved in recent times to include a new roof covering, uPVC double glazing and complete redecoration.

The property consists of six bed-sitting rooms or studio flats, together with a top floor flat with its own en-suite shower/wc.

The property is fully let on assured shorthold agreements yielding a gross rent of £30,560 inclusive of utility bills and council tax (there is no gas connected), which are estimated to be about £4,500 for a year.

The property is compliant with all current regulations, including mains fire alarm, emergency lighting, etc.  it is registered as a House In Multiple Occupation.

In more detail it comprises -

Entrance Hall

With stairs off to first floor.

Bed-Sitting Room One

Having double glazed bay window, Kitchen Area with modern stainless steel sink to work surface in recess, built in oven/hob and other white goods included, electric storage heater.

Bed-Sitting Room Two

Having stainless steel sink to work surface, white goods included, electric storage heater.

WC.  Separate Shower

Studio Flat Three

Having Sitting/Bedroom with electric storage heater.  Access through to - Kitchen with modern range of fittings, stainless steel sink, base and wall cupboard units, white goods included, rear door to garden.

First Floor Landing

Bed-Sitting Room Four

Having Kitchen Area with modern fittings, stainless steel sink, work surface, white good included, night storage heater.

Bed-Sitting Room Five

Having Kitchen Area with modern fittings, stainless steel sink, work surface, white good included, night storage heater.

Studio Flat Six

Having Living Room with Kitchen Area comprising stainless steel sink, work surface, white goods included, double glazed bay window.  Separate Bedroom off with night storage heater.

WC.  Separate Shower.

Second Floor -

Flat Seven

Having Entrance Lobby, Sitting Room with Kitchen Area to large dormer window recess having work surface, stainless steel sink, white goods included, large store cupboard off, Separate Bedroom, Separate Shower Room with wc and wash basin.

Outside

Walled concreted forecourt.  Gated side path leading to a small enclosed rear garden.

Rent Schedule

Landlord paying electricity, water and council tax (single house rating).

Vendors Solicitors/Licensed Conveyancers

Potter & Co, Bridge Chambers, 23 Dale Road, Matlock, Derbys DE4 3LT - telephone 01629-502308

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 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 £195 (inc VAT) payable on the fall of the hammer.

For Sale by Auction: Thursday 22nd May 2008

At Pride Park Stadium, Derby

Commencing at 11.30 am

www.grahampenny.com