Terraced House
A four bedroom, two reception room character property with a wealth of character, potential and possibilities. This property comes with bags of opportunity. Keep as a 4/5 bedroom house, convert to flats or even lease out as supportive living, huge potential and opportunity to add significant value.
The property occupies a prime location on Nottingham road with convenient access into the city and is in an extremely popular residential area. There are 2 good sized reception rooms (1 previously used as bedroom 5) and a great 17ft kitchen/diner. There is also access to a cellar. The bedrooms are big and spacious and occupy the 1st and 2nd floors, a family bathroom with an additional wc make up the rest of the accommodation. Outside there is a rear garden and outbuildings.
Please click on the virtual tour to watch our walk through video with commentary, viewings are also available by contacting our office and come highly recommended in order to fully appreciate the magnitude of the potential this property has to offer.
Construction Material: Standard brick. Services: TBC. Heating: Boiler, mains gas. Coverage: Broadband - Standard, Ultrafast and Superfast is available in this location. Mobile signal - O2, Vodafone and Three show as high in this area, and EE as medium. Satellite and Cable - BT, Sky and Virgin show as available in this area.
Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
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.
