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20 Croydon Road, Nottingham NG7 3DS

Lot no: 22 Auction Event
 

Guide Price £50,000+ plus fees

Unconditional with Fixed FeeOn 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 a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 30th May 2024

9.00am
Key Features
  • Council Tax Band: A
  • One double bedroom mid terrace property
  • uPVC double glazed and gas centrally heated
  • Scope to create a second bedroom subject to building regulations
  • Some improvement and upgrading required
  • Strong letting location within short commute to the city centre
  • Offered for sale with immediate vacant possession
  • Excellent freehold residential investment opportunity
  • EPC Rating: C
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Terraced House

Property Description:

Offered for sale at a very sensible guide price with immediate vacant possession, is a one double mid terrace property, requiring a some improvement and upgrading.

Constructed of traditional brick, set beneath a pitched tiled roof, the uPVC double glazed and gas centrally heated living accommodation consists of, entrance lobby, lounge, dining fitted kitchen with enclosed stair case. To the first floor, there is one double bedroom, spacious bathroom with three piece suite and walk-in-boiler room. In our opinion there is scope to reconfigure the layout to provide an additional bedroom subject to usual building regulations.

Outside to the rear there is an enclosed easy manage to walled garden.

The property is situated in a strong letting location, close to local amenities and within short commute to the city centre.

Excellent freehold residential investment opportunity.

Lounge with entrance lobby

11ft 8 into chimney recess x 9ft 9

Dining kitchen

11ft 7 x 9ft 5

First floor landing
Bedroom one

11ft 7 x 10ft

Bathroom

9ft 7 x 7ft 5

Walk-in-boiler room

6ft 7 x 3ft 8

Flood Risk

Rivers & Seas Very Low. Surface Water Very Low.

Mobile Phone Coverage

O2, EE, Three and Vodafone are available.

Broadband (estimated speeds)

Standard 17 mbps. Superfast 80 mbps. Ultrafast 1000 mbps.

Satellite and Cable TV Availability

BT and Sky are available.

Construction Material

Brick

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Vacant possession upon completion.



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

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 £1,500 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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