42 Hartington Street, Derby DE23 8EA

*** RESIDENTIAL FREEHOLD INVESTMENT OPPORTUNITY***

Occupying a tree-lined avenue, close to the city centre, is an imposing and substantial character town house arranged over four floors, sub divided into five, one and two bedroomed self contained apartments, requiring a scheme of improvement and upgrading.

In our opinion if the property were to be fully let when works completed we would estimate an combined rental income of circa of £40,000 per annum.

The property is majority double glazed and gas centrally heated and in brief the character accommodation comprises: Communal entrance hall with stairs, one bedroomed self contained flat to the rear with access onto the garden and and a two bedroomed duplex flat. To the first floor landing thee is one bedroomed self flat. To the second floor landing there are two, one bedroomed duplex flats.

Outside the property is set back from the road behind a hardstanding fore court and garden to the rear that is accessed from a shared driveway. Some of the neighbouring properties have created driveways/car standing space.

Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price 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. A full definition can be found within the Buyers Terms.