property
For sale by auction Thursday 5 May 2016
At The Nottingham Belfry Hotel, Nottingham NG8 6PY
Commencing at 11.30am
Excellent investment opportunity
Three storey property containing five self contained apartments
Two apartments in good order, and three requiring cosmetic improvement and upgrading. Gas central heating/double glazed
One apartment currently let at £65 per week
Previously let at a combined rental of £18,200 per annum
EPC Rating: TBC
Excellent investment opportunity. Three storey property in the heart of Sutton in Ashfield town centre comprising five self contained one bedroomed apartments, one currently let at £65 per week but previously fully let at a combined rent of £18,200 per annum, offering a potential high yielding opportunity. The property benefits from gas central heating and upvc double glazing. Currently there are two flats in good order and three remaining flats which require cosmetic improvement and upgrading.
The accommodation comprises:
On the Ground Floor:
Communal Hallway
FLAT E (currently let at £65 per week.) This is the only flat which is currently let.
This flat was not inspected by the auctioneers but is believed to comprise:
Living Room
Bedroom
Kitchen
Shower Room
FLAT D (Currently empty but previously let at £70 per week):
Entrance Hallway
Living Room 15ft 1 x 9ft 4
Having radiator, gas fire, upvc double glazed window to front aspect.
Bedroom 14ft 8 x 6ft 5
Having radiator, upvc double glazed window to front aspect.
Bathroom
With three piece suite comprising panelled bath, pedestal wash hand basin, low flush wc.
Kitchen 8ft 6 x 5ft 5
With fitted range of wall mounted and base units, roll edge working surfaces, single drainer sink unit, tiled splashback areas.
On the First Floor:
Landing
FLAT C (In good order - Currently empty but previously let at £75 per week)
Lounge 15ft 5 x 8ft 7
Having radiator, upvc double glazed window to front aspect.
Kitchen 8ft 6 x 5ft 5
With single drainer sink unit, tiled splashback areas, radiator, range of fitted wall mounted and base units, roll edge working surfaces.
Bedroom 14ft 7 x 8ft 6
Having radiator, upvc double glazed window to front aspect.
Bathroom
With white three piece suite comprising panelled bath, pedestal wash hand basin, low flush wc, radiator.
FLAT B: (Currently empty but previously let at £65 per week)
Entrance Hallway
Lounge 11ft 7 x 8ft 5
With gas fire, radiator, upvc double glazed window to rear aspect.
Bedroom 9ft 9 x 8ft 4
Having radiator, upvc double glazed window to rear aspect.
Kitchen 8ft 8 x 4ft 8
Fitted range of wall mounted and base units, roll edge working surfaces, single drainer sink unit, tiled splashback areas.
Shower Room
With shower cubicle, wall mounted wash hand basin, low flush wc.
Staircase to Second Floor:
FLAT A: (In good order
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