Situated in the centre of the village, very conveniently placed for local superstore and post office, an opportunity to acquire an excellent residential investment property with parking comprising -

Sitting Room

With front entrance door, double radiator, store cupboard off housing gas fired combination boiler.

Dining Kitchen

With stainless steel sink unit, work surface with base and walk cupboard units, central heating radiator, enclosed stairs off to first floor, rear entrance door.

First Floor Landing

Bathroom

With three piece suite, electric shower fitting over bath.

Front Double Bedroom

With central heating radiator.

Rear Single Bedroom

With central heating radiator.

Outside

To the side of the house is a parking space.  To the rear is a gated yard with brick store sheds, and beyond is a well laid out mainly lawned garden.

Tenancy Details

The property is let on an assured shorthold agreement at a current reserved rent of £75 per week (relevant from June '06) - £3,900 per annum equivalent.

Vendors Solicitors/Licensed Conveyancers

Rickards & Cleaver, 17 Church Street, Alfreton, Derbys

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 Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold or withdrawn.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