Flat
An excellent buy-to-let investment opportunity to acquire a well maintained one double bedroomed ground floor flat currently let on an AST producing £3,900 p.a. (scope for rental increase) and with the added benefit of a single garage.
There is a communal entrance hall and the property itself comprises an entrance hall with lounge, modern fitted kitchen with built in appliances, generous sized double bedroom and a bathroom with three piece in white. Outside there are extremely well kept gardens and a purpose brick built bin store.
The property is situated within a convenient cul-de-sac location situated within short level walking distance of local primary school, doctors surgery, numerous shops and is also ideally placed for the city centre and A52 which provides swift access onto Pride Park, M1 motorway and the city of Nottingham.
Giving access to -
Entered by door to front, intercom system, airing cupboard and separate built-in cloaks.
With sealed unit double glazed window in uPVC frame, two telephone jack points, two television points, wood grain effect laminate floor covering, free standing electric panel heater and panelled door with architraves and skirting boards.
With sealed unit double glazed window in uPVC frame. The kitchen comprises a range of wall mounted cupboards with matching base units, granite effect preparation surface with stainless steel sink and drainer with one and a half bowl mixer tap and splashback tiling. Integrated appliances comprise a stainless steel electric oven and a separate four ring gas hob and a fan assisted illuminated chimney style cooker hood over. There is also an integrated automatic washing machine and Zanussi fridge included in the sale. Tiled flooring and panelled door with architraves.
With sealed unit double glazed window in uPVC frame, wall mounted electric panel heater and panelled door with architraves and skirting boards.
Fitted with a three piece suite in white comprising panelled bath with low level wc, pedestal wash hand basin, complimentary tiling to the walls, wall mounted mirror and panelled door with architraves.
There are well kept gardens which are mainly lawned with flower beds and pathway along with a purpose brick built bin store. There is secure gated parking located off the Dorset Street which will lead to the single garage with up and over door.
Leasehold - 150 years from 1975.
Leasehold.
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.
