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37 Ferngill Close, Nottingham, Nottinghamshire NG2 1LB

Auction Event
 

Guide Price £90,000+ 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: A
  • Well Presented three bedroom mid town house
  • Popular location
  • Ideal investment opportunity (currently let at £595 per calendar month)
  • EPC Rating: D
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Town house

Property Description:

A three bedroomed town house situated in a quiet yet convenient location.

Well placed for local amenities and transport links and giving easy access to Nottingham city centre.

The property is offered let out on an assured shorthold tenancy at £595 per calendar month/£7,140 per annum.

Scope for rental increase, based on comparable evidence.

Offering three bedrooms, kitchen, lounge/diner, bathroom and benefitting from gas central heating, UPVC double glazing and Residents Parking.

A great addition to any rental portfolio.

Reception Hallway -

With stairs off and radiator.

Kitchen - 2.98m x 1.82m

With base and wall units, sink unit inset into work surfaces, space for appliance and window to front.

Lounge/Diner - 4.95m x 3.70m

With radiator and both window and door to rear.

Landing -
Bedroom One - 3.05m x 3.74m

With radiator and window to rear.

Bedroom Two - 4.62m x 2.51m

With radiator and window to front.

Bedroom Three - 2.50m x 1.92m

With radiator and window to front.

Bathroom -

Having low flush WC wash hand basin and panel bath with shower over. Part tiled walls and radiator.

Outside -

Residents Parking to the front. Enclosed rear garden with lawn and slabbed patio.

Construction Material:

Cavity wall, as built, no insulation (assumed)

Broadband:

Standard - 13 mbps, Superfast - 80 mbps and Ultrafast - 1000 mbps available

Mobile Phone Coverage

O2, EE, Three and Vodafone available

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Subject to tenancy.


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

Communal



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold under an 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 fees apply:

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

• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 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.