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22 Mafeking Street, Nottingham NG2 4AW

Lot no: 12 Sold at Auction for £109,000
 

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

9.00am
Key Features
  • Council Tax Band: A
  • Fantastic Investment Opportunity
  • Three Double Bedrooms
  • Large Galley Kitchen and Two Reception Rooms
  • Ideally Located For Local Amenities
  • uPVC Double Glazed Windows Throughout
  • EPC Rating: F
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Sold at Auction for £109,000

Terraced House

Property Description:

This mid-terraced house offers an exceptional opportunity for investors, with excellent transport links providing easy access to Nottingham City Centre and surrounding areas, as well as being conveniently close to local amenities, this property is perfectly positioned for both convenience and leisure.

In brief the property comprises living room, complete with a feature fireplace. The living room flows seamlessly into the dining room, which also boasts a feature fireplace. From the dining room, you will find access to the fitted galley kitchen, equipped with ample storage and workspace, along with a downstairs bathroom. Upstairs, the first floor comprises two double bedrooms, with stairs leading to a further double bedroom on the third floor.

Externally, the property features a small courtyard to the front and rear and the kitchen and bathroom benefit from having a pitched roof.

Once refurbished estimated rental income is £1,000 per calendar month.

Mobile Coverage: O2, EE, Three and Vodafone available
Satellite and Cable TV: BT, Sky and Virgin available
Broadband: Standard, Superfast and Ultrafast available

Tenure:

Freehold. Vacant possession upon completion.


Utilities Information
  • Heating Supply: Gas, 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.
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