2 bedroom mixed use for sale142 High Street, Stonebroom, Alfreton, Derbyshire DE55 6JT
Sold STC £59,000
- Superb double fronted investment property incorporating a hairdressers
- Part let, part vacant with scope for significant rental increase
- Ground floor studio and spacious first floor flat
- Well positioned for Alfreton, A38 and M1 motorway
- EPC Rating: 142: D, 142a: F, 142b: F
For sale by auction on Wednesday 7th December 2016
At The Pedigree Suite, iPro Stadium, Derby, DE24 8XL
Commencing at 11:30 am
An interesting and exciting opportunity to acquire a superb investment property currently used as a hairdressers, a one bedroomed ground floor studio flat and to the first floor there is a spacious one bedroomed flat.
An interesting and exciting opportunity to acquire a superb investment property currently used as a hairdressers, a one bedroomed ground floor studio flat and to the first floor there is a spacious one bedroomed flat. The property is currently part let and part vacant and produces a combined income of £2,989.96 per annum. The first floor flat is vacant and the hairdressers has been in residence for approximately 30 years paying £140.83 per calendar month on a protected tenancy. The adjoining ground floor studio flat is let on an assured shorthold tenancy agreement paying £25 per week (£1,300 per annum). We feel the first floor flat has a rental value of approximately £250 - £275 per calendar month. There is an adjoining integral garage which we believe to be a former coach room which measures 32’10” in length x 8’7” and would allow itself for conversion to residential use subject to the usual building regulations. Outside to the rear of the property there is a low maintenance garden backing onto open countryside and enjoys far reaching views. There is also potential for loft conversion subject to the usual planning consents and scope for significant rental increases.
Investment properties of this style rarely come to the market at such an attractive guide price offering huge potential.
Hairdressers 12’7” x 9’7”
With sealed unit double glazed window and door to the front elevation, power and lighting.
Kitchen 10’11” reducing to 7’10” x 9’
With sealed unit double glazed window in uPVC frame to the rear elevation. The fitted kitchen comprises a range of wall mounted cupboards with matching base units, drawers, preparation surface, stainless steel sink and drainer with splashback tiling. There is a gas cooker point, plumbing for automatic washing machine, built in airing cupboard.
Shower Room 8’9” x 4’7”
With sealed unit double glazed window in uPVC frame to the rear elevation and comprising a modern fitted quadrant shower tray with shower unit over, corner wall mounted wash hand basin.
Separate wc 8’9” x 2’11”
With sealed unit double glazed window in uPVC frame to the rear elevation. Affording a low level wc in which, complementary tiling to the walls and built in airing cupboard.
Lounge/Bedroom 14’4” x 14’
With sealed unit double glazed window in uPVC frame to the rear elevation, woodgrain effect vinyl floor covering and storage heater.
Separate Entrance Passage to the First Floor Flat
Entrance Porch 7’8” x 4’1”
Entered by door to front.
Inner Entrance Hall 10’7” x 4’1”
With internal door and staircase to first floor.
First Floor Landing
Continuation of a spindled balustrade, sealed unit double glazed window in uPVC frame to the rear elevation and loft access. We feel there is potential for a loft conversion subject to the usual planning and building regulations.
Lounge 18’9” x 14’3”
With sealed unit double glazed window in uPVC frame to the front elevation and storage heater.
Large Double Bedroom 18’7”b x 11’6”
With sealed unit double glazed window in uPVC frame to the front elevation, floor to ceiling fitted wardrobes with box cupboards over and providing shelving and hanging space and storage heater.
Kitchen Diner 14’ x 10’11”
With sealed unit double glazed window in uPVC frame to the rear elevation. Fitted kitchen comprises a range of wall mounted cupboards with matching base units, drawers, preparation surface, stainless steel sink and drainer, splashback tiling, there is a Hotpoint automatic washing machine included in the sale along with a Beko electric oven and storage heater. We feel there is potential for this one bedroomed flat to be converted into two bedrooms subject to usual building regulations.
Immediately to the rear of the property there is gated access with yard and a garden which has a pea gravelled bed backing onto countryside with far reaching views.
From the Alfreton direction heading along the A61, at the village of Higham take your turning right signposted for Stonebroom onto Goose Green Lane which then in turn becomes Birkinstyle Lane. On entering the village of Stonebroom along High Street the property will be found on the right hand side as denoted by our auction for sale board.
By arrangement with the auctioneer 01332 242880 or can be booked online at www.sdlgrahampenny.co.uk
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 the auction day. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash deposits.
The sale of each lot is subject to a buyers fee of £750 (inc VAT) payable on exchange of contracts.
*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. For a full definition of Guide Price and Reserve Price go to www.sdlgrahampenny.co.uk/glossary.
Energy Performance Certificates
EPCs can be viewed in full on our website www.sdlgrahampenny.co.uk on the sales details page or in the legal pack.
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*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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