2 bedroom Maisonette in Derby
1303 London Road, Alvaston, Derby, DE24 8QN
- Lot No: 73
- Property Type: Maisonette
- Contract Type: Unconditional with Variable Fee
Guide Price* £50,000+ plus fees
Result Sold at Auction £53,000
Property Description
A two bedroomed split-level maisonette situated right in the heart of Alvaston shopping centre, within walking distance of all the excellent local amenities on offer on the shopping parades, together with regular bus services to and from the city centre and easy access to road links to A52 and A6. The property is an excellent investment opportunity with superb rental potential being close to Rolls-Royce on Raynesway and also being within a few minutes from Pride Park and Ascot Drive. We understand that the property would let out for circa £600 per calendar month (£7,200 per annum) therefore would give a return of circa 13% based on guide price making it an excellent buy to let opportunity. The property benefits from double glazed windows and the accommodation briefly comprises of entrance hall, spacious lounge with large window flooding the space with light, understairs storage cupboard and fitted kitchen. A staircase leads to a landing leading to a spacious master bedroom, a second double bedroom and family bathroom. There is ample on-road parking close to the maisonette. The property is located at the top of London Road and is ideally located for Rolls-Royce, local shops, public transport into the city centre and has excellent access to A52, A6 and the A50 leading to the M1.
Lounge
18'2" x 12'9" (5.53m x 3.88m)
Kitchen
11'6" x 9'4" (3.5m x 2.84m)
Bedroom One
16'2" x 12'8" (4.92m x 3.86m)
Bedroom Two
11'6" x 9'4" (3.5m x 2.84m)
Bathroom
6'4" x 5'4" (1.93m x 1.62m)
Tenure
Leasehold
- 5% deposit (subject to a minimum of £5,000)
- Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
Auction Details
Date 28th January 2021
Venue National Property Auction
The National Property Auction will be conducted behind closed doors by auctioneers Andrew Parker and Graham Penny. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.
Lot Information
Contact Us
If you have any questions, call our team on 0800 046 5454