2 bedroom Block of Apartments in Derby
155 Upper Dale Road, Derby DE23 8BP
- Lot No: 3
- Property Type: Block of Apartments
- Contract Type: Unconditional with Fixed Fee
Guide Price* £75,000+ plus fees
Result Sold at Auction £144,000
Property Description
An excellent residential investment opportunity to acquire a substantial detached villa converted into two generous sized one bedroomed self-contained flats being part let, part vacant, occupying an established residential location situated within literally yards of the Cavendish Shopping Centre. The ground floor flat has recently become vacant and in our opinion could potentially be let at £450 per calendar month (£5,400 per annum). The auctioneers have not inspected the first floor flat which we understand is currently let on Assured Shorthold Tenancy producing £350 per calendar month (£4,200 per annum) and In our opinion there is scope for significant rental increase. Outside to the front there is a small forecourt with boundary hedge and pedestrian access to the side of the property leads to an enclosed low maintenance rear garden. We also understand the property was originally built as three bedroomed detached house, which in our opinion could easily be converted back to, subject to building regulations.
Ground Floor Flat (155)
Comprising -
Entrance Vestibule
Leading into -
Passaged Hallway
26ft 6 x 4ft 4 max
Front Sitting Room
14ft 3 into bay x 11ft 6 into chimney recess
Bedroom
12ft 9 into chimney recess x 12ft
Breakfast Kitchen
12ft 3 x 10 ft 2
Rear Lobby
7ft 4 x 3ft 3
Bathroom
7ft 4 x 5ft 6
First Floor Flat (155a)
The Auctioneers have not inspected the flat and the accommodation detail has been provided by the vendor.
Ground Floor Entrance
with staircase to first floor.
Outside
There is a small forecourt with boundary hedge. Pedestrian access to the side side leads to an enclosed low maintenance rear garden
Draft Sales Details
These sales details are awaiting vendor approval.
Tenure
Freehold
Auction Details
Date 27th April 2023
Venue National Property Auction
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.
Lot Information
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