End of terrace house
This property presents a remarkable investment opportunity, featuring a spacious two-bedroom terrace, a shop front accompanied by four additional rooms at the rear, a charming three-bedroom maisonette, and generous storage/workshop areas.
There is significant potential to convert the property into 6 or 7 flats with relevant planning consents, offering limitless possibilities. While some minor modernisation may be required in certain areas, the estimated rental income outlined below is attainable in its current condition.
34 Victoria Road/2-bedroom terrace with workshops - £1,200 per month
36 Victoria Road/Mixed-use or retail unit with 4 additional store rooms - £1,000 per month
36a Victoria Road/3-bedroom flat - £800 per month
Victoria Road benefits from excellent bus and train services to Nottingham, as well as convenient access to junctions 27 and 28 of the M1 motorway and the A38. The area is served by a range of primary schools and two secondary schools.
We highly recommend scheduling a viewing to fully appreciate the size and potential of this property.
In brief the property comprises of entrance into large open plan lounge/diner with patio doors to rear courtyard. Galley kitchen with a further double reception room with a downstairs WC. To the first floor there is two double bedrooms both with built in wardrobes offering ample storage, followed by a generous family bathroom with three piece suite and separate shower.
Double glazing throughout, mains gas heating and cavity wall construction.
In brief the property comprises of entrance into a modern office front previously used as a letting agents, following by four further good sized storage rooms, a kitchen and WC to the rear.
In brief the property comprises of entrance on ground level, followed by stairs leading to the first floor where you will find a beautiful fitted kitchen/diner with Juliette balcony, large family bathroom with built in storage, master double bedroom and two single bedrooms, one being off the bay fronted lounge with feature fireplace.
Double glazing throughout, gas central heating and solid brick construction.
Parking for two vehicles to the front, with double gates leading to courtyard offering space for a further 3/4 vehicles. To the rear of this plot is access to a large double garage, with a suspended ceiling for even more storage and a further storage room.
O2, Vodafone, EE and Three show as available.
Standard, Superfast and Ultrafast show as available in this area.
BT and Sky show as available.
These sales details are awaiting vendor approval.
Freehold. Vacant possession upon completion.
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
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.
