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7 bedroom terraced house for sale
18 Hartington Street, Derby DE23 8EA
£330,000
18 Hartington Street, Derby DE23 8EA
£330,000
Our Summary
- For sale on 30 May 2024 The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy
- Registration for bidding will close at 5pm the day before the auction
- The auction will commence at 09:00
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyers Fee of £1,500 inc
- Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
Description
On May 30, 2024, a national property auction will take place, featuring an impressive eight-flat property located in a tree-lined avenue near the city center. The property, which is being sold as an unconditional freehold, generates a combined gross income of £41,880 per annum through its eight self-contained flats, representing a 12.8% return based on the guide price. The flats are currently let on ASTs, with tenants paying £4,440 to £5,760 per annum. The property also features a two-bedroom penthouse apartment with far-reaching views. The auction will be broadcast live online, by phone, and by proxy, with registration closing the day before the auction. The property is situated in a strong letting location, close to Derbion Shopping Centre and the new Nightingale Development. The EPC rating is awaited, and the terms of the sale include a 10% deposit and a buyers fee of £1,500, inc. VAT.