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373 Nottingham Road, Nottingham, Nottinghamshire NG7 7EU

Lot no: 11 Sold at Auction for £99,000
 

Guide Price £75,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 27th June 2024

9.00am
Key Features
  • Council Tax Band: A
  • Two bedrooms bay fronted terraced house
  • Excellent letting location
  • Requires modernisation
  • Enclosed rear garden
  • EPC Rating: D
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Sold at Auction for £99,000

Terraced House

Property Description:

A good size bay fronted terraced property requiring modernisation.

The property is well located in an excellent letting location with a great range of local amenities close by and being only an approximate 2 minutes walk to the Tram Station. Excellent road links with easy access to Nottingham City Centre, Bulwell and the M1 Motorway.

The property benefits from gas central heating, modern consumer unit and part UPVC double glazing but now requires further modernisation.

An ideal potential buy to let investment with estimated rental value of £875 per calendar month/£10,500 per annum after refurbishment. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

It could also lend itself to a HMO style property by adding a hallway and bedroom to the ground floor, subject to any required consents.

Lounge 3.67m x 4.71m

With radiator, fireplace and bay window to front aspect.

Dining Room 3.65m x 3.95m

With fireplace, radiator, door to cellar, window to rear aspect and stairs off.

Cellar

A useful store area located under the lounge.

Kitchen 3.49m x 1.89m

With base and wall units, sink, worktops, space for appliances, door to garden and windows to both front and side aspects.

Landing
Bedroom One 3.68m x 3.63m

With radiator and two windows to front aspect.

Bedroom Two 3.64m x 2.76m

With radiator and window to rear.

Bathroom

Having a suite comprising low flush w.c. wash hand basin and panel bath with shower over. Window to rear aspect.

Outside

Small garden to front along with an enclosed low maintenance rear garden with gated access.

Parking Arrangements:

On street

Construction Material:

Standard brick

Heating Supply:

Mains

Electricity Supply:

Mains

Water Supply:

Mains

Sewerage Arrangements:

Mains

Broadband:

O2, EE, Three and Vodafone available.

Mobile Phone Coverage:

Standard - 3 mbps, Superfast - 80 mbps, Ultrafast - 1000 mbps available.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Vacant possession upon completion.


Utilities Information
  • Heating Supply: Gas Central, Double Glazing
  • Electric Supply: Mains Supply
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply
Parking Arrangements

On Street



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 auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of £1,500 inc. VAT

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.