Apartment
A beautifully presented two doubled bedroomed apartment with stunning canal views located on the first floor in the popular development of Nottingham One. This well presented apartment briefly comprises of an entrance hallway leading into an open plan living/dining and kitchen space which has integrated appliances. The open plan living space leads to a good sized balcony with enough space for tables and chairs with a lovely, peaceful canal view. A well presented bathroom and two double bedrooms.The development also offers secure underground parking.
The apartment is located a 5 minute walk both from the city centre and Nottingham train station.
We are advised that the apartment is let at £1,100 per calendar month including a parking space £50 per calendar month also tenanted
We are advised that the apartment is let at £1,100 per calendar month and the parking space is let at £50 per calendar month, giving a combined income of £13,200 per annum.
We are informed by the seller -
Service Charge - £2,167 per annum
Ground Rent - £471 per annum
Lease - 114 years remaining
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.
