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27 Mayfield Street, Kirkby-In-Ashfield, Nottingham NG17 8LU

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.

Tuesday 10th December 2024

10.00am
Key Features
  • Annual Income of £8400
  • 9.4% Yield Based on Current Guide Price
  • Three bedroomed Spacious Terrace
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Terraced House

Property Description:

Spacious three bedroomed terraced property which is being sold with tenant in situ, with a current yield of 9.4% based on the current guide.

The accommodation briefly comprises of; a lounge, dining room, kitchen and shower room. To the first floor are two double bedrooms. To the second floor is a further double bedroom. Outside the property to the rear is the enclosed garden which is mainly laid to lawn.

Situated in the town of Kirkby in Ashfield which offers excellent bus and train links into Nottingham as well as good road links to junction 27 and junction 28 of the M1 motorway and the A38. The town offers a variety of primary schools, two secondary schools, leisure centre and a selection of doctors’ and dental practices.

Mobile coverage - O2, EE, Three and Vodafone
Satellite and Cable TV - BT, Sky and Virgin
Broadband - Standard, Superfast and Ultrafast
Construction - Solid brick

Living Room

UPVC door and window to the front elevation, door leading into dining room.

Dining Room

UPVC window to the rear elevation, stairs leading to first floor accommodation, door leading into kitchen.

Kitchen

UPVC door and window to the side elevation. Fitted kitchen comprising of wall and base units, stainless steel sink and drainer, integrated oven and hob. Door leading into down stairs shower room.

Downstairs Shower Room

UPVC window to the side elevation, shower cubical, wash hand vanity unit. Door leading into separate wc.

Downstairs WC

UPVC window to the rear elevation and low level wc.

Outside

Outside the property to the rear is the enclosed garden which is mainly laid to lawn.

Tenure:

Freehold. Subject to tenancy.


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.