5 bedroom Semi-detached house in Derby
54 Radford Street, Alvaston, Derby, DE24 8NS
- Lot No: 33
- Property Type: Semi-detached house
- Contract Type: Unconditional with Variable Fee
Guide Price* £150,000+ plus fees
Property Description
A high yield residential investment opportunity to acquire a semi-detached property that consists of 5 apartments generating a rental income of approximately £28,000 per annum which will give you a return of 18% based on the guide price of £150,000. Situated on a generous plot with parking there is scope for further improvement and development. Perfectly located in Alvaston for great road links, regular public transport, easy access to the likes of Rolls Royce and Bombardier and many local shops and amenities. The property comes with gas central heating, double glazed UPVC windows, balcony to the rear and a communal laundry room. Access from the front door for apartments 1, 2 and 3 with apartments 4 and 5 having their own private access from the enclosed rear garden.
Tenure
See Legal Pack
- 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 25th March 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
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