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36 Burford Road, Nottingham, Nottinghamshire NG7 6BD

Lot no: 111 Auction Event
 

Guide Price £230,000+ 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 26th September 2024

9.00am
Key Features
  • Council Tax Band: B
  • HMO property with six letting bedrooms and two bathrooms
  • Three storey house
  • Potential rental income circa £30,000 per annum
  • Popular letting location
  • EPC Rating: D
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House of Multiple Occupation

Property Description:

A spacious 6 bedroom HMO property situated in an excellent letting location close to Nottingham Trent University Campus, Nottingham Arboretum, Forest Recreation Ground and a host of local amenities.

Let as a successful 6 bedroom HMO for many years.

Offering 6 bedrooms over 3 storeys, 2 bathrooms, Communal Lounge and Large Dining Kitchen. Benefitting from gas central heating and UPVC double glazing.

Offered freehold with vacant possession. An ideal potential investment with estimated rental value of up to £30,000 per annum, based on comparable evidence.

Reception Hallway

With original flooring, door to cellar, original cornicing and stairs leading to first floor.

Lounge 3.91m x 3.31m

With radiator, gas fire and window to rear aspect.

Dining Kitchen 5.00m x 3.00m

Having base and wall units, sink inset into work surfaces, built in oven, hob and extractor. Wall mounted combi boiler, windows to side and rear and door to back garden.

Bedroom One 3.73m x 4.82m max

Having radiator and bay window to front aspect.

Cellar

Offering useful storage space.

First Floor Landing
Bedroom Two 5.15m x 4.85m

Having radiator and bay window to front.

Bedroom Three 3.92m x 3.34m

With radiator, built in wardrobe and window to rear.

Bedroom Four 3.01m x 2.96m

With radiator and window to rear.

Bathroom

Comprising low flush w.c. wash hand basin and panel bath with electric shower over. Part tiled walls, radiator and window to side.

Second Floor Landing
Bedroom Five 3.35m x 3.16m

With radiator and window to side.

Bedroom Six 3.60m x 3.04m

With radiator and window to side.

Shower Room

Modern suite comprising low flush w.c. wash hand basin, shower cubicle and tiling to walls.

Outside

Small garden to front and enclosed rear garden with gated access.

Mobile Phone Coverage

Vodaphone, O2, Three and EE available in this area. Standard, Superfast and Ultrafast Broadband available at this location

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Vacant possession upon completion.


Utilities Information
  • Heating Supply: Double Glazing, 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 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 1.2% of the purchase price (subject to a minimum 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.