Guide price
£120,000
2 bed terraced house for saleManchester Street, Derby, Derbyshire DE22
2 beds
1 bath
2 receptions
EPC Rating: D
- Chain free
- Auction
- Freehold
Frank Innes - Derby Sales
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About this property
For Sale by Modern Auction – T & c’s apply
Subject to Reserve Price
Buyers fees apply
The Modern Method of Auction
Tenanted terrace (£9,000 pa)
Two double bedrooms
Two reception rooms
Gas central heating
Majority Double glazing
No chain
A tenanted and spacious mid terraced house offering two double bedrooms, two reception rooms, first floor bathroom and enclosed rear garden, being sold by the modern method of auction. This ready made buy to let investment is generating annual gross rental income of £9,000 (7.5% yield), is being sold with tenants in situ and benefits from gas central heating and majority double glazing. To the ground floor there is a lounge with feature fireplace, dining room with feature fireplace and access to the useful cellar, a kitchen overlooking the garden and a handy rear lobby providing flexible space leading to the garden. To the first floor there is two double bedrooms and a family bathroom with a three piece suite in white. To the rear there is an enclosed garden which is generous in size. Viewing is essential.
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent
information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.
Dining Room (3.66m x 3.45m)
Wooden door from the front. UPVC double glazed window to the front. Radiator, electric fire with a tiled hearth and wooden feature surround, exposed wooden flooring, coving and door to the lounge.
Lounge (3.68m x 3.56m)
Radiator, electric flame effect fire with a marble styled hearth, inset and wooden feature surround, door to the cellar, and doorways to the kitchen and rear lobby.
Kitchen (2.72m x 1.88m)
Single glazed window to the rear. Matching wall and base units, roll edge work surface with a single sink drainer. Integral electric oven, gas hobs and extractor over. Space for a fridge freezer and space for a washing machine. Doorway to the rear lobby.
Rear Lobby (2.72m x 1.52m)
Single glazed door to the garden. UPVC double glazed window to the rear. Radiator and laminate wooden flooring.
Landing
Radiator, doors off to both bedrooms and bathroom.
Bedroom One (3.66m x 3.45m)
UPVC double glazed window to the front. Radiator and exposed wooden flooring.
Bedroom Two (3.56m x 2.77m)
UPVC double glazed window to the rear. Radiator and built-in storage cupboard.
Bathroom (2.72m x 1.9m)
UPVC double glazed window to the rear. Three piece suite in white comprising a panelled bath with shower over, pedestal wash hand basin and WC. Radiator and built-in storage cupboard housing the wall mounted boiler.
Outside
To the rear there is an enclosed garden with a decked patio leading to lawn.
Agents Note
There has previously been evidence of Japanese Knotweed at at the rear of the garden. Professional report available within the office.
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