Terraced House
A spacious, two bedroom town house in a popular and convenient location.
Well placed for local amenities and transport links and within easy reach of Nottingham City Centre.
The property benefits from District Heating and UPVC double glazed windows but would now benefit from cosmetic modernisation.
There is a small rear garden along with enclosed garden to front which also offers parking.
An ideal buy to let investment with estimated rental value of £800 per calendar month/ £9,600 per annum, based on comparable evidence.
With cloaks cupboard, large store 1.80m x 2.04m and stairs to first floor.
Having kitchen units with inset sink and worktops, radiator and window to front aspect.
With radiator, t.v aerial point, window to rear and door to garden.
With airing cupboard and further store cupboard and loft access point.
With radiator and window to rear.
With radiator, built in wardrobe and window to front.
Having wash hand basin, panel bath, part tiled walls and radiator.
With low flush w.c.
Enclosed garden to rear with paved patio. Garden to front offering further seating area and gated driveway for one car.
The gas line has been capped at the meter, so would need reconnecting and District Heating.
Freehold. Vacant possession upon completion.
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 Variable Fee (England and Wales).
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 auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyers 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 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.
