An excellent opportunity to purchase a residential investment property comprising 2No flats.

An excellent opportunity to purchase a residential investment property comprising two flats. The ground floor flat (No 70a) is let on an Assured Shorthold Tenancy producing £370.00pcm. The first floor flat (No 70b) is also let on an Assured Shorthold Tenancy producing of £370.00pcm. Thus the property has a potential rental income in the order of £8,880pa. The detached garage to the rear could also be separately let to provide additional income.

Tenure

See Legal Pack

Directions

Leave Chesterfield via the A61 Sheffield By-Pass. At the Whittington Moor roundabout take the fourth exit onto Station Road and follow this for approximately 1.5 miles continuing over a mini roundabout and taking your third left onto High Street. Proceed down High Street taking the third right hand turn onto South Street North. The property is situated approximately 200 metres on the left hand side and is clearly identified by a For Sale signboard.

Accommodation

Ground Floor (70a): A side entrance door leads to the open plan Living Kitchen 4.6m x 3m having 3 double glazed windows, entrance door, electric storage heater and a range of base and wall units, space for electric cooker, insert stainless steel sink. Bedroom One 3.8m x 3.6m having rear facing double glazed window and electric storage heater. Bathroom having double glazed window, bath, wash hand basin and w.c.

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A separate flight of stairs leads to the First Floor (70b): Bedroom One 3.8m x 2.5m with electric storage radiator, upvc double glazing and sockets. Lounge 3.7m x 2.9m having storage cupboard, electric storage radiator, upvc double glazing and sockets. Kitchen/Dining Room 3.6m x 2.8m having tile effect lino floor covering, electric storage radiator, space for fridge, plumbing for a washing machine, stainless steel sink, upvc double glazing, electric hob and a range of laminate effect cupboards. Bathroom 2.6m x 1.9m having a white suite comprising bath, WC and sink with electric heater and cream tiled floor.

Outside

Sees gardens to the rear with a detached brick built Garage with separate access. It is thought that this could be separately let at around £365pa.

Special Conditions of Sale

The purchaser in addition to the fall of the hammer price will be responsible for 1.5% plus vat auction costs subject to a minimum fee of £1495 plus vat whichever is greater.

Viewings

Open viewings will be available and advertised on our website www.auctionhouse.co.uk/copelands. Please check back regularly for new viewing times.

Energy Efficiency Rating (EPC)

Current Rating D & E

Local Authority

Chesterfield Borough Council

Solicitors

Setfords Solicitors, Jenner House, 1A Jenner Road, Guildford, GU1 3PH, Ref: Red Flanagan-Brown, Tel: 01483408780

Additional Fees

Administration Charge - £660.00

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.