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35 Padley Hill, Mansfield, Nottinghamshire NG18 5LJ

Lot no: 176 Auction Event
 

Guide Price £40,000+ 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 21st November 2024

9.00am
Key Features
  • Council Tax Band: A
  • Two bedroomed mid-terrace property with additional store room
  • Potential to reconfigure into the 3 beds or en-suite subject to building regs
  • Scheme of improvement and modernisation required
  • Situated within walking distance of town centre
  • Offered for sale with immediate vacant possession
  • Superb freehold residential investment opportunity
  • Two reception rooms
  • EPC Rating: Awaited
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Terraced House

Property Description:

Situated within walking distance of Mansfield town centre, is a two bedroomed mid-terraced property, offered for sale with immediate vacant possession and requiring a scheme of improvement and modernisation.

The traditionally built property has the benefit of being uPVC double glazed and in brief comprises of front sitting room, inner lobby, separate dining room with enclosed stairs and kitchen. To the first floor there are two well proportioned bedrooms and a passaged room ideal for storage measuring 11ft 3 x 2ft 9. In our opinion this rooms lends itself for conversion to an en-suite or reconfiguring with the adjoining bedroom to create an additional bedroom subject to the usual building regulations. Furthermore there is a bathroom with three piece suite.

Outside to the front there is gated shared pedestrian access which in turn leads to a rear yard with low maintenance garden.

Excellent freehold residential investment opportunity.

Front Sitting Room

11ft into chimney recess x 11ft 2

Inner Lobby

11ft 2 into chimney recess x 11ft 2

Kitchen

10ft x 5ft 3

First Floor Landing

8ft 3 x 3ft 1

Bedroom One

11ft 2 into chimney recess x 11ft 2

Bedroom Two

11ft 5 x 7ft 9 into chimney recess

Additional Storage Room

11ft 3 x 2ft 9

Bathroom

11ft 3 x 6ft 6

Outside

Gated shared pedestrian access which in turn leads to a rear yard with low maintenance garden

Building Construction

Solid brick, as built, no insulation (assumed).

Flood Risk

Surface Water - Very Low

Broadband (estimated speeds)

Standard 15 mbps, Superfast 283 mbps and Ultrafast 1000 mbps show as available in this location

Mobile Signal

EE, O2, Vodaphone and Three show as available in this location.

Satellite and Cable TV Availability

Sky, Virgin and BT show as available in 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
  • 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.
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