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3 Manvers Street, Netherfield, Nottingham NG4 2HL

Lot no: 202 Available for £112,000
 

Guide Price £105,000+ 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
  • Previously Let For £850 Per Calender Month
  • Spacious Two Double Bedroomed Terrace
  • Gas Central Heating and uPVC Windows/Doors
  • Two Large Reception Rooms and Lean To
  • Modern Fully Fitted Kitchen
  • Family Bathroom with Bath and Freestanding Corner Shower
  • Ideally Located For Retail Park
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Available for £112,000

Terraced House

Property Description:

This expansive two-bedroom terrace features two reception rooms, generous storage options, and a contemporary fully equipped kitchen complete with a built-in fridge freezer. The property includes two spacious double bedrooms, a large family bathroom, and a private enclosed rear garden. Additionally, it is equipped with gas central heating and double glazing throughout. This presents a remarkable investment opportunity, having previously generated a rental income of £850 per month, which translates to an impressive yield of 10% based on the current valuation.

Situated in the highly desirable Netherfield area, the property is conveniently located within walking distance of a variety of shops, dining options, and excellent transport connections to the City Centre, including easy access to Netherfield train station.

Mobile coverage available - O2, EE, Three and Vodafone
Broadband available - Standard, Superfast and Ultrafast
Satellite and Cable TV Available - BT, Virgin and Sky
Flood Risk - Medium

Lounge 3.45m x 3.37m (3.74 into recess)

Laminate flooring, neutral decor and radiator.

Dining Room 3.46m x 3.37m (3.74m into recess)

Grey carpets, neutral decor, double radiator and understairs storage cupboard.

Kitchen 2.95m x 2.15m

Modern fully fitted neutral kitchen including integrated fridge/freezer, electric oven, ceramic hob and stainless steel sink. Slate effect wall tiles along with marble effect floor tiles.

Lean to 2.94m x 1.26m

Grey wood effect vinyl flooring, with uPVC double glazed rear door leading to enclosed garden.

Master Bedroom 3.47m x 3.37m (3.74m into recess)

Grey carpet, neutral decor, radiator and over stairs storage cupboard.

2nd Bedroom 3.48m x 2.38m (2.7m into recess)

Grey carpet, neutral decor with feature wall and radiator.

Family Bathroom 2.89m x 2.17m

Newly fitted white three piece suite, with freestanding mains corner shower, tiled flooring, neutral decor and white low level wall tiles. PLEASE NOTE YOU STEP DOWN INTO BATHROOM.

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 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.