Draft Details Only- Awaiting Vendor Approval

Bennetts Road is located off Washwood Heath Road in a popular and established residential area.  Number 11 comprises a two storied house, which has recently been re-roofed, laterally divided into two flats, the upper floor extending over the archway which offers on-site parking beyond.  At the end of the yard is a single storey bungalow, and all three units have the benefit of gas central heating and are mostly double glazed.

The units are let on assured shorthold agreements and the combined rent currently is £978 per calendar month - £11,736 per annum equivalent.

The flats offer a good standard of accommodation, and particularly benefit from secure parking.

Main House -

Entrance lobby with doors to ground and first floor accommodation.

Flat One

Having living room, kitchen with modern range of fittings including oven and hob, inner hall, bathroom/wc, double bedroom.

Flat Two (First Floor)

With stairs to landing, kitchen with modern range of fittings including oven and hob, large sitting room, bathroom/wc including shower over bath, two double bedrooms.

Flat Three (The Bungalow)

Having living kitchen with modern fittings and built in oven and hob, inner hall leading to bathroom/wc with shower over bath, double bedroom.

Outside

The yard is enclosed by gates and railings and will accommodate a number of vehicles providing secure parking.  Any garden areas are largely surfaced for ease of maintenance.

Rent Schedule

It is believed that the flats are let on the following terms -

Tenure

Freehold. Vacant possession on completion.

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 Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold or withdrawn.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