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*** Sold at auction: £104,000 ***

Lot 36: 8 St Chads Road, Derby. DE23 6RS
Large semi detached investment property divided into two self-contained flat (both let)
Guide Price: £95,000 +
Auction date - 22nd May 2008, Pride Park, Derby.

 

  • RESIDENTIAL INVESTMENT PROPERTY
  • Large palisaded house divided into two self contained flats
  • Spacious one bedroomed accommodation with uPVC double glazing
  • Let on assured shorthold tenancies producing £8,400 per annum

 

Located within a mile of the City centre, in an established, popular residential area, an opportunity to acquire a good quality investment property being a former three bedroomed end town house which many years ago was divided into two self-contained flats.

 

The accommodation is as follows -

 

Combined Entrance Hall

With uPVC outer door.

 

FLAT ONE (Whole of Ground Floor Accommodation)

Having -

 

Entrance Lobby

 

Double Bedroom

With electric storage heater.

 

Living Room

With gas fire.

 

Kitchen

With modern range of cupboard units with work surfaces, built in oven and hob.

 

Rear Entrance Lobby

 

Bathroom

With panelled bath, shower fitting over, pedestal wash basin and low flush wc.

 

FLAT TWO (Whole of First Floor)

Having -

 

Stairs to Landing

 

Living Room

Having two windows and electric storage heater.

 

Double Bedroom

With electric storage heater.

 

Kitchen

With modern range of fittings including base and wall cupboard units, inset stainless steel sink, work surfaces, fitted oven and hob.

 

Bathroom

With panelled bath, shower fitting above, pedestal wash basin and low flush wc.

 

Outside

Small surfaced forecourt.  Side footpath giving access to an area of rear garden.

 

Tenancy Details

The flats are let on assured shorthold agreements at a combined reserved rent of £700 per calendar month (£8,400 per annum).

 

Vendors Solicitors/Licensed Conveyancers

Qube Legal, 563a Stratford Road, Sparkhill, Birmingham

 

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 Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold or withdrawn.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

At Pride Park Stadium, Derby

Commencing at 11.30 am

www.grahampenny.com


PLEASE NOTE
These particulars, whilst believed to be accurate are not set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of presentation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person employed by this company has tested any included equipment and can give no authority to make any representation or warranty in respect of the property.

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