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The Blessington Carriage, 11-17 Chapel Street, Derby, DE1 3GU



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Guide price

£195,000+


Property Type

Residential

Bedrooms

9


Key Features

  • An opportunity to acquire a residential investment property comprising two upper floor flats with a combined total of 9 bedrooms
  • A total current rent reserved of £27,168 pa (6 out of 9 bedrooms let)

Part of the 14 December 2023 auction
The Nottingham Racecourse at 2.30PM

An opportunity to acquire a residential investment property comprising two upper floor flats with a combined total of 9 bedrooms with a total current rent reserved of £27,168 pa located in the centre of Derby City Centre

  • Long Leasehold residential investment comprising 2 flats
  • Located in the heart of Derby City Centre
  • Close to a variety of City amenities: Shops, Restaurants, pubs
  • Less than 1 miles from Derby Train Station
  • A 3 minute drive from A52, A61 & A601
  • Close to Derbion Shopping Centre, Derby Council Hall
  • Excellent transport links with bus routes to surrounding areas
  • Only 2 miles from Pride Park amenities
  • Front flat: 6 x Bedrooms, living room, diner & kitchen, shower block with 3 cubicles, 2 x W/C
  • Back flat: 3 x Bedrooms, living room, diner & kitchen, showroom & W/C
  • 6 out of 9 rooms currently let producing £27,168 pa
  • An ideal opportunity for investors

Contact Auction Estates on 0115 7844 600

Fees

A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Offered For Sale on a Long Leasehold with a remaining term of a 995 years subject to the existing tenancies for the 6 rooms let until September 2024, producing a rent of £27,168 pa

Refer to Legal Pack

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