Block of Apartments in Derby
Flats 5-12 Lilac Court, Lilac Close, Alvaston, Derby DE24 0JF
- Lot No: 119
- Property Type: Block of Apartments
- Contract Type: Unconditional with Fixed Fee
Guide Price* £475,000+ plus fees
Result Sold Prior to Auction
Property Description
DRAFT DETAILS - AWAITING VENDOR APPROVAL A very rare and exciting opportunity to purchase 11 x freehold self contained flats being majority vacant (three let) and set in a secluded and popular residential location. When fully let and refurbished, we believe the properties will achieve in the region of £55,000 to £60,000 per annum combined. We would advise interested parties to check the legal documents for further information. PLEASE NOTE: We are informed by the seller that there is potential for loft conversion to first floor flats and ground floor extensions to some units, subject to planning consent.
Entrance Hall
Leading down the middle of the four studio flats and giving access to -
Communal Lounge
With access to rear garden.
Flat 5 - 7
Split into four separate self-contained studio flats each comprising of lounge/bedroom with shower room and kitchenettes. All are vacant, uPVC double glazed and gas centrally heated. We believe these are known as 5a, 5b, 7a and 7b.
NOTE:
We have only gained access to the front two studio flats.
Flat 6
A two bedroomed first floor maisonette benefiting from uPVC double glazing and electric panel heaters. The flat is currently let and interested parties are advised to check the legal documents for more information.
NOTE:
The auctioneers have not been able to inspect this flat but we believe the accommodation on offer is the same as Flat 8.
Flat 8
Ground floor entrance leading to first floor landing giving access to open plan living kitchen lounge, two double bedrooms and bathroom. UPVC double glazed and electric panel heaters. This flat is vacant.
Flat 9
A uPVC double glazed ground floor flat comprising open plan living kitchen bedroom (this room requires full refurbishment), large understair storage area and a part fitted bathroom. This flat is vacant.
Flat 10
A first floor flat comprising ground floor pitched tiled storm canopy with PVC door and stairs to first floor L-shaped passaged landing, utility/boiler room, separate storage cupboard (potential for en-suite subject to building regulations), large open plan living fitted kitchen with built in appliances, two double bedrooms and bathroom with three piece suite in white. The flat is uPVC double glazed and gas centrally heated and is vacant.
Flat 11
This flat is accessed through the communal area to the rear. The uPVC double glazed accommodation comprises open plan living kitchen (no fitted kitchen units) with bedroom and bathroom (low level wc and wash basin only). The flat is vacant.
Flat 12 and 12a
This flat is converted into two self-contained units and comprise a communal ground floor entrance leading to - Flat 12: Open plan living kitchen diner with separate bedroom and shower room. Flat 12b: Open plan bedroom/kitchen with shower room. We are advised that the two units are let on one agreement at £197 per week . Interested parties are advised to check the legal documents for more information.
Tenure
Freehold
Auction Details
Date 31st March 2022
Venue National Property Auction
The National Property Auction will be conducted behind closed doors. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.
Lot Information
Contact Us
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