End of terrace house
DRAFT DETAILS
Investment opportunity to acquire an end terraced residence which is converted into two self-contained flats which we believe are let at a combined rental of £8840 per annum. (we believe the ground floor one-bedroomed apartment is let at £75 per week and the first and second floor one bedroomed apartment at £95 per week). The property is situated within walking distance of Bulwell and convenient for access to Nottingham city centre. Ideal investment opportunity.
The accommodation comprises:
Leading to Lounge
13ft 2 x 12ft 9
With radiator, upvc double glazed window to front aspect.
10ft 3 x 6ft 1
With range of wall mounted and base units,four ring gas hob with electric oven and extractor hood over, wall mounted combination boiler, single drainer sink unit, half double glazed door to side, double glazed window to side.
12ft 1 x 9ft
With radiator, upvc double glazed window to rear aspect.
Comprising shower cubicle with shower attachment, pedestal wash hand basin, low flush wc.
Rear yard
Half obscure upvc door to Landing
With window to rear aspect.
14ft 6 x 13ft 3
With laminate wood flooring, radiator, upvc double glazed window to front aspect.
12ft 1 x 9ft 3
With range of wall mounted and base units, roll edge working surfaces, one and a quarter bowl sink, plumbing for washing machine, radiator, four ring gas hob with electric oven and extractor hood over, wall mounted combination boiler, radiator, window to rear aspect.
11ft 8 x 7ft 8
Comprising panelled bath, pedestal wash hand basin, low flush wc, obscure glazed window.
14ft 7 x 11ft 5
With Velux double glazed window to rear aspect.
Freehold. Subject to tenancy.
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
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 all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve
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.
