A tenanted mid terraced house offering two double bedrooms, two reception rooms, first floor bathroom and rear garden, being sold by the modern method of auction. This ready made buy to let investment opportunity is currently generating gross annual rental income of £8400 (7.6% yield), is being sold with the tenant in situ and benefits from gas central heating. To the ground floor there is a lounge with a decorative fireplace, inner hallway providing access to the cellar and a dining room on the rear leading to the kitchen. To the first floor there is a landing giving access to both double bedrooms and a family bathroom. To the rear there is a garden with a 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.
Agent Details
Frank Innes, Derby
01332 215488
Next Steps?
This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪
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