6 bedroom Block of Apartments in Derby

Flats 1-6, 171 Uttoxeter New Road, Derby, Derbyshire DE22 3NP
  • Lot No: 44
  • Property Type: Block of Apartments
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £250,000+ plus fees

Result Sold After Auction

Property Description

DRAFT DETAILS. Awaiting approval. A block of 6 self contained flats let at £30,948 per annum. A substantial property converted into 6, self contained, studio flats. Offered fully let with an income of £30,948 per annum. The landlord pays for water and Internet and the tenants pay the rest of the utility bills. Well situated along Uttoxeter New Road which offers excellent rental opportunities due to the proximity of Derby University and Derby Hospital. A superb investment with income from day one and a great rental history.

Ground Floor

Flat One - Let at £420 pcm Flat Two - Let at £430pcm Flat Three - Let at £435 pcm


First Floor

Flat Four - Let at £430 pcm Flat Five- Let at £435 pcm Flat Six - Let at £429 pcm


Second Floor

Loft space with possible potential for conversion, subject to permissions.


Outside

Parking to the front and enclosed rear gardens.


Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee. Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of £1,500 inc. VAT The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

Auction Details

Date 24th November 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

If you have any questions, call our team on 0800 046 5454

Map

Flats 1-6, 171 Uttoxeter New Road, Derby, Derbyshire DE22 3NP