Sold

Portland Street, Derby, Derbyshire, DE23

Guide Price £90,000
  • 2 beds
  • 2 baths
  • 2 reception
or call 01332 363 636
Kim Pearson
Derby
cornmarket@leaders.co.uk

Key Features

  • FOR SALE BY ONLINE AUCTION
  • 6 WEEKS COMPLETION
  • Semi-detached house
  • Two converted flats
  • Freehold
  • Investment potential

Description

Formerly a 2 bedroom semi-detached house with driveway parking, converted to provide two self-contained one bedroom apartments, located in a popular residential area within easy access of the City Centre, Royal Derby Hospital including major commuter links such as the A38 and A50, Peartree and Derby stations. Ideal letting investment with an estimated rent of £1020 PCM depending on condition, gross yield 13.60% PAX. The sale includes the freehold and two leasehold titles for each flat.

  • Auction

    To be sold by online auction on Friday 28th June 2024 with a 6 WEEK COMPLETION, bidding will open at 10.00.
  • To view

    Viewings will be conducted prior to the auction, please visit our website to book an appointment at firstforauctions.co.uk
  • Registration

    All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.
  • Tenure

    Freehold with separate leasehold titles for each flat. Please see legal pack for further details.
  • Tenancies

    151: Vacant with an estimated rent of £525 PCM. 151A: let on an AST from 09.10.2023 for 12 months at £495 PCM.
  • EPC rating

    E
  • Council tax band

    A - Derby
  • Legal pack

    For each lot there are Special Conditions of Sale and other documentation provided by the vendors solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor.
  • Guide prices

    Guide Prices are provided as an indication of each sellers minimum expectation. They are not necessarily figures which a lot will sell for and may change at any time prior to the auction. Each lot will be offered subject to a Reserve, (a figure below which the Auctioneer cannot sell the lot during the auction) which we expect will be set within the Guide Range, or no more than 10% above a single figure Guide Price.
  • Additional fees

    A buyers charge of £1,500 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.
  • Pre-auction offers

    These must be made in writing and will only be considered if the Legal Pack has been inspected and proof of funding has been supplied to the auctioneers. Pre-auction offers are only considered on an auction basis in accordance with the 'Terms & Conditions - Unconditional Auction".

Handy Information

  • EPC
    E Rating
  • Council Tax BANDS
    £117.08 per month
  • Broadband Speed
    80 mbps
Calculate stamp duty online
£

Notes

The stamp duty calculator presumes that none (or part) of the property qualifies as mixed-use for which the current SDLT would be 3%.

Please note that this tool is an indicator only, your solicitor or tax consultant will advise you as to the actual stamp duty land tax that must be paid on completion.

All calculations are correct as of 1st October 2021, which are subject to change at any time

Click here for more information

Sold

Portland Street, Derby, Derbyshire, DE23

Guide Price £90,000
  • 2 beds
  • 2 baths
  • 2 reception
or call 01332 363 636
Kim Pearson
Derby
cornmarket@leaders.co.uk

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