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31a Bennett Street, Long Eaton, Nottingham, Nottinghamshire NG10 4RF

Lot no: 36 Postponed
 

Guide Price £85,000 - £95,000 plus fees

Unconditional with Variable 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 25th July 2024

9.00am
Key Features
  • Two bedroom ground floor flat
  • Requires modernisation throughout
  • Excellent investment opportunity
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Postponed

Flat

Property Description:

SDL Auctions and Robert Ellis are pleased to offer to the market this two bedroom ground floor flat. Requiring modernisation throughout, this presents an excellent investment opportunity, particularly for buy-to-let purposes. Formerly part of a detached home before its conversion the property offers well-proportioned bedrooms, a spacious kitchen diner, and a bathroom ready for refurbishment. Situated close to the town centre, it benefits from convenient access to local amenities, shops, and transport links.

With significant potential for value appreciation post-renovation, this flat is a prime choice for investors looking to expand their portfolio and create a stylish, desirable living space. The property offers its own entrance from the rear and also has a shared garden to the rear of the property.

Located in the popular residential town of Long Eaton, close to a wide range of local schools, shops and parks. Long Eaton town centre is within walking distance where shops, supermarkets and healthcare facilities can be found. There are fantastic transport links including nearby bus stops and access to major road links such as the MI, ASO and A52 to both Nottingham and Derby with local train stations and East Midlands Airport being just a short drive away.

The property has been converted from a previous detached home and requires modernisation. Accommodation briefly compromises of an entrance via the rear into the kitchen diner, lounge, inner hallway, bathroom and two double bedrooms.

Additional Information:
Electricity - Mains supply
Water - Mains supply
Heating - Gas central heating
Septic Tank - No
Broadband - BT, Sky, Virgin
Broadband Speed - Standard I 7mbps, Superfast 80mbps, Ultrafast I 000mbps
Phone Signal - EE, 02, Three, Vodafone
Sewage - Mains supply
Flood Risk - Low, surface water medium
Flood Defenses - No
Non-Standard Construction - No
Any Legal Restrictions - No
Other Material Issues - No

Lounge - 3.81 m x 3.8m approx.

Upvc double glazed window to front, radiator, fireplace with wooden surround and fitted gas fire, telephone point, TV point.

Kitchen/Diner - 4.90m x 4.09m approx.

Double glazed windows to rear, radiator, spotlights, wall mounted combination boiler, overhead extractor fan, I½ bowl sink unit, integral fridge freezer, plumbing for washing machine, plumbing for dishwasher, matching base and wall units with rolled edged worktop, door leading to rear garden.

Inner Lobby with tiled floor, access to bedrooms and bathroom.
Bedroom I - 3.81 m x 3.81 m approx.

Laminate floor, upvc double glazed window to front, radiator, fitted wardrobe, TV point

Bedroom 2 - 4.06m x 2.54m approx.

UPVC double glazed window to rear, radiator and a TV point

Bathroom

Opaque upvc double glazed window to rear, radiator, floor to ceiling tiles, comer spa panelled bath, shower cubicle, vanity unit, low level W.C

Outside

Communal patio area, outside tap, garden shed with power and lighting

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Vacant possession upon completion.


Utilities Information
  • Heating Supply: Gas Central
  • 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 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.