House of Multiple Occupation in Derby

46 Bateman Street, Derby DE23 8JQ
  • Lot No: 24
  • Property Type: House of Multiple Occupation
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £180,000+ plus fees

Result Sold Prior to Auction

Property Description

Situated within easy reach of Derby City Centre and Pride Park is a substantial, extended town house, arranged over three floors, converted to into four self contained one bedroomed flats. In our opinion if some improvements where made to property, we would estimate a combined rental income of circa £25,000 per annum when fully let. This would represent an impressive 13.8% based on the guide price. The character accommodation has the benefit of being uPVC double glazed and in brief comprises, entrance hall with staircase, one bedroom self contained flat. To the second floor there is a one bedroom self contained flat and stairs lead to a further one bedroom flat. Interestingly there is a generous sized one bedroomed duplex flat, located to the rear of the property, access via shared gated passage. Outside to the rear there is an enclosed part walled garden in need of attention and backing onto an open field with a range of specimen trees. The property is sits between Osmaston Road and London Road, both arterial roads leading into the city centre, with nearby amenities, facilities, shops and regular bus service. Excellent freehold residential investment opportunity. Additional Information Parking Arrangements: On street Water: Mains/Electric immersion Electric: Mains Sewerage: Mains Heating: Electric storage heaters Building construction: Solid brick Flood Risk: Very low Broadband: Unknown Mobile Signal: Unknown Satellite and Cable TV Availability: BT, Sky and Virgin available

Entrance lobby

6ft 2 x 6ft 1 Please note is an irregular shaped room.


Lounge

11ft 8 max x 9ft 7


Kitchen

9ft 6 x 5ft 4


Bedroom

9ft 8 x 6ft 8


Shower room

L-shaped 6ft 7 x 6ft 2


Entrance lobby

4ft 9 x 3ft 7


Lounge

12ft 9 x 11ft 1


Kitchen

7ft 2 x 6ft 3


Bedroom

11ft 8 x 7ft 5


Shower room

7ft 7 x 4ft 9


Lounge

12ft 1 x 9ft 9


Kitchen

8ft 1 max x 8ft1 restricted height


Bedroom

11ft 4 restricted height x 9ft 3


Shower room

5ft 5 x 4ft 9


Entrance lobby

4ft 1 x 2ft 7


Lounge with staircase

16ft 2 x 10ft 2


Kitchen

10ft 4 x 5ft 8


Bedroom

16ft 2 x 10ft reducing 6ft 8


Bathroom

10ft 3 x 5ft 4


Draft Sales Details

These sales details are awaiting vendor approval.


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 27th March 2024

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

Contact Us

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

Map

46 Bateman Street, Derby DE23 8JQ