Pelham Street, Derby, Derbyshire, DE22
- PROPERTY TYPE
Terraced
- BEDROOMS
2
- BATHROOMS
1
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Tenanted mid terraced house
- Ideal investment opportunity
- Two double bedrooms
- Two reception rooms
- Electric heating
- Double glazed windows
- Tenant in situ until November 2025
- Gross annual rental income of £9,000
Description
A traditional mid terraced house offering two bedrooms and two reception rooms with a tenant contracted until November 2025 generating annual gross income of £9,000. Located with good access to both the city centre and Royal Derby Hospital, the property benefits from electric heating and double glazed windows. To the ground floor there is a lounge, inner lobby, dining room and kitchen. To the first floor there is two bedrooms with the bathroom located off the master bedroom. To the rear there is a low maintenance paved garden with useful outhouse for storage. 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.
Lounge
3.5m x 3.43m
Wooden door from the front. UPVC double glazed window to the front. Electric panel heater, coving, laminate wooden flooring, door to the inner lobby.
Inner Lobby
Stairs to the first floor, laminate wooden flooring and door to the dining room.
Dining Room
3.5m x 3.45m
UPVC double glazed window to the rear. Electric panel heater, laminate wooden flooring, understairs storage cupboard and door to the kitchen.
Kitchen
2.97m x 1.98m
Wooden door to the side and uPVC double glazed window to the side. Matching wall and base units, roll edge work surface with a single sink drainer with mixer tap. Integral electric oven, electric hob and extractor over. Space for a fridge freezer and washing machine.
Landing
Doors off to both bedrooms.
Bedroom One
3.5m x 3.48m
UPVC double glazed window to the rear. Electric panel heater, laminate wooden flooring, built in wardrobe and door to the bathroom.
Bathroom
3.02m x 2m
UPVC double glazed window to the rear. Panelled bath, pedestal wash hand basin and WC. Airing cupboard, wall mounted electric heater and extractor.
Bedroom Two
3.5m x 3.45m
UPVC double glazed window to the front. Electric panel heater, laminate wooden flooring and built-in wardrobe.
Outside
To the rear there is a yard with a gate to the side providing right of way access to the front.
Tenancy
This property is let on a 12 month agreement which expires in November 2025 and is currently achieving £750 pcm.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Pelham Street, Derby, Derbyshire, DE22
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Visit our security centre to find out moreDisclaimer - Property reference DEY240756. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Frank Innes, Derby. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Frank Innes, Derby on 01332 215488.
*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.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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