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4 bedroom semi-detached house for sale

2 Portland Road, Ilkeston, Derbyshire DE7 8NF

Sold STC £95,000

Property Description

Key features

  • Superb investment opportunity
  • Four bedroomed semi detached house
  • Currently let generating 8,500 p.a. to a well established housing trust
  • Conveniently situated for access to Ilkeston town centre
  • EPC Rating: D

Full description

Sold after the auction on Tuesday 26th June 2018 for an undisclosed amount.

Ideal investment opportunity - Four bedroomed well maintained semi detached residence currently let to a well-established housing association generating £8,500 pa. (£708 pcm)

DRAFT DETAILS
Well maintained four bedroomed semi detached residence providing an ideal investment property, producing an immediate income stream. Long lease remaining generating £8,500 per annum (£708 per month). Well maintained and let to a well established housing trust who have already been in occupation for two years. The property is sold with the benefit of the remaining lease (approx four years) generating a substantial, hassle free, monthly income.

The accommodation benefits from a kitchen with fitted range, ground floor laundry room and cloakroom, four bedrooms and bathroom. There is also a driveway with front and side forecourt.

The accommodation comprises:


Ground Floor:


Entrance Hall

Via wooden front door, tiled flooring, radiator, stairs to first floor, understairs storage, obscure window to side elevation.


Room One

3.70 x 2.68
With obscure glazed window to side elevation, laminate flooring, radiator.


Room Two

3.41m x 4.10m into bay
Bay window to front elevation, brick feature fireplace, radiator, laminate flooring.


Kitchen

4.91m x 3.23m
With range of wall and base units with work surface over, centre island with inset sink and drainer and mixer taps over, large range integrated cooker with five ring hob, extractor hood over, tiled floors, wall mounted heated towel rail, radiator, door leading to laundry room and downstairs cloakroom


Cloakroom

With low level wc and wash hand basin, radiator.


Laundry Room

With plumbing for automatic washing machine. Back door leading onto Portland Road.


First Floor:


Room Three

2.77m x 4.67m
With window to rear elevation, radiator and laminate flooring.


Room Four

3.66m x 3.42m
With window to front elevation, radiator and laminate flooring.


Bathroom

5.26 x 2.12m
With low level wc, wash hand basin, large corner sunken bath, radiator, separate shower cubicle with electric shower, storage cupboard housing combination boiler, part tiled walls, obscure window to side elevation, laminate flooring.


Outside

Forecourt to front and side.


Tenure
Freehold

Viewing Details

By arrangement with the auctioneer 0115 958 8702 or can be booked online www.sdlauctions.co.uk


Conditions of Sale

The Conditions of Sale (also known as the legal pack) will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers prior to the auction and the purchaser shall be deemed to have knowledge of same whether inspected or not. They will also be available to download from our website. Any questions relating to them must be raised prior to the auction. 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.


*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, will 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 the Guide Price and the Reserve Price click here.


Energy Performance Certificates

EPCs can be viewed in full in the legal pack or from the lot information section of our website.


Unconditional Auction Method

Contracts are exchanged on the fall of the hammer and a 10% deposit will be taken from the highest bidder. This deposit will contribute towards the purchase price.

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 or cheque deposits. Remote bidding facilities are also available.


Auction Fees

The sale of this lot is subject to a buyer’s administation fee of £1074 including VAT (unless otherwise stated in the important notices), payable on the fall of the hammer.

The purchase of this property may include associated fees not listed here. Any additional fees will be confirmed in the legal pack which can be downloaded from our website from the lot information section, or to find out more about any additional fees associated with this property please contact the auction office.



Listing History

Added on Rightmove:
07 June 2018

Map & Street View

Disclaimer - Property reference gp_nottingham_1440700_9908. 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 SDL Auctions Graham Penny, Nottingham. 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.

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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.”

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 SDL Auctions Graham Penny, Nottingham on 0115 958 8702.


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