6 Elmhurst Avenue, Broadmeadows, South Normanton, Alfreton, Derbyshire DE55 3NH

A semi detached 3 bedroom investment property located in the extremely sought after South Normanton area and close to a wide range on local amenities, shops and the A38 / M1.

The property occupies a generous and impressive corner plot and also has off road parking and a garage further enhancing this investment and offering an excellent long term investment.

The current tenants are currently paying a yearly rental of £9,540 offering an impressive return circa 10% yield against the guide price.

The property briefly comprises of an entrance hall, lounge open to the dining room plus kitchen, upstairs there are 3 bedrooms and a family bathroom, outside there is a well kept garden, garage and off road parking.

Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts:

• 5% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 4.8% inc. VAT of the purchase price (subject to a minimum of £6,000 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.