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33 Crusader House, Thurland Street, Nottingham, Nottinghamshire NG1 3BT

Lot no: 28 Auction Event
 

Guide Price £160,000+ plus fees

UnconditionalOn 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 22nd August 2024

9.00am
Key Features
  • Council Tax Band: E
  • Three bedroom duplex apartment
  • Secure allocated parking
  • City centre location
  • Ideal potential buy to let investment opportunity
  • EPC Rating: B
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Property Description:

A superb three bedroom Duplex apartment located in Nottingham City Centre.

The property offers spacious accommodation over two floors. three double bedrooms, secure allocated parking and a huge terrace/outside space.

Situated in the heart of the city centre with its vast array of shop, bars and restaurants and excellent public transport links.

An ideal buy to let investment with estimated rental value around £2,000 per calendar month/£24,00 per annum, based on comparable evidence. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

The property has recently been let to 3 individuals.
Room 1 - £900 pcm
Room 2- 875 pcm
Room 3- 700 pcm

Total income circa £30,000 per annum with bills included.

The property will be sold with vacant possession.

Communal entrance

With secure entry door, intercom along with lift and stairs.

Reception hallway -

With stairs off to upper floor and cloaks cupboard.

Cloakroom -

With low flush WC and wash hand basin.

Open plan Lounge/dining/kitchen -
Kitchen/dining - 5.76m x 4.19m (18ft11 x 13ft9)

With centre island, fitted wall and base cabinets, sink unit and integrated appliances.

Living area - 4.11m x 4.72m (13ft6 x 15ft6)

With doors opening out onto the large terrace.

Terrace - 10.5m x 4.20m

A superb outside space for relaxing and entertaining.

Bedroom one - 3.47m x 2.68m (11ft5 x 8ft10)

With built in wardrobe and shower cubicle.

Landing -
Bedroom two - 5.67m x 4.57m overall (18ft7 x 15ft0)

With built in wardrobes.

En-Suite -

Incorporating wash hand basin, bath, and low level W/C.

Bedroom three - 4.13m x 4.19m (13ft7 x 13ft9)
En-Suite -

With low flush WC wash hand basin and shower cubicle.

Parking Arrangements:

Secure Allocated Parking. Parking Space 33.

Leasehold Information

Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Construction Material:

Cavity wall, as built, insulated (assumed)

Broadband:

Standard - 17 mbps and Ultrafast - 1000 mbps available.

Mobile Phone Coverage:

O2, EE, Three, Vodafone available.

Tenure:

Leasehold. Vacant possession upon completion.

Ground Rent

£175

Unexpired Years

976

Annual Service Charge

£2,533


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

Allocated



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.

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.