£200,000 Guide Price

Dexter Street, Derby, Derbyshire DE23

£200,000 Guide Price

5 Bedroom Terraced House For Sale

Dexter Street, Derby, Derbyshire DE23


Key features

  • Five bedroom HMO
  • Fantastic investment opportunity
  • Finished to a high standard
  • Three en suite bedrooms
  • Code locks on all bedrooms
  • On Street parking
  • Popular location
  • Potential yield above 10%

For sale by Modern Method of Auction; Starting Bid Price £200,000 plus Reservation Fee. This property is for sale by Martin&Co Property Auction "powered by iam-sold Ltd"

This five bedroom mid-terraced property is currently a functioning HMO, currently producing a rental income of £22,080 at full capacity. The property is maintained to a high standard, having recently been modernised, and benefits from five double lettable rooms, including three en suite bedrooms, as well as communal lounge, kitchen diner and shower room.

Situated just off Osmaston Road, the property benefits from being within easy access of excellent transport links, such as Derby Station and the city's bus station. Close to local shops, pubs, takeaways and Pride Park, this is an ideal spot for working professional tenants. 

BEDROOM ONE 12' 5" x 11' 8" (3.80m x 3.57m)  

ENSUITE 5' 9" x 4' 0" (1.77m x 1.22m)  

LOUNGE 12' 6" x 9' 2" (3.83m x 2.80m)  

KITCHEN 20' 1" x 8' 11" (6.14m x 2.73m)  

UTILITY ROOM 7' 10" x 4' 11" (2.40m x 1.51m)  

WC 7' 11" x 2' 6" (2.42m x 0.78m)  

BEDROOM TWO 10' 0" x 8' 11" (3.07m x 2.74m)  

BEDROOM THREE 12' 5" x 9' 2" (3.80m x 2.81m)  

BEDROOM FOUR 12' 5" x 8' 11" (3.80m x 2.73m)  

ENSUITE 5' 8" x 5' 5" (1.74m x 1.66m)  

BATHROOM 6' 6" x 5' 9" (2.00m x 1.76m)  

BEDROOM FIVE 11' 10" x 9' 3" (3.63m x 2.82m)  

ENSUITE 5' 9" x 5' 5" (1.77m x 1.66m)  

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.

The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements

The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.

Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
TO VIEW OR MAKE A BID contact Martin&Co Today. 

Book a viewing

Contact Martin & Co Derby

  • 15 St. James Street
  • Derby
  • DE1 1RF

Call 01332 650068

derby@martinco.com

Contact us now