Other
* UNSOLD AT AUCTION. AVAILABLE AND OPEN TO OFFERS. *
Traditional detached investment property comprising of four self-contained one bedroomed flats producing a rent circa £19,000. The flats require a scheme upgrading and improvement.
This double fronted property is situated within this pleasant highly regarded residential location ideally suited for both Sherwood and Mapperley town centres which offer an excellent range of local amenities along with frequent public transport services to Nottingham City centre and surrounding areas.
Each flat comprises separate lounge, kitchen, bedroom and shower room. There is a small communal garden to the rear.
Communal Hallway
Leading to -
FLAT ONE
Having -
Entrance Hallway
Lounge 15' x 14'7"
With window to front aspect.
Kitchen 7'2" x 5'
With fitted range of wall mounted and base units, working surfaces, single drainer sink unit with tiled splashback areas, window to front aspect.
Bedroom 12'7" x 11'5"
With electric storage heater, uPVC double glazed window to rear aspect.
Shower Room
With walk-in shower, low flush wc, pedestal wash hand basin, obscure uPVC double glazed window.
FLAT TWO
Not inspected but we are lead to believe it comprises -
Entrance Hallway
Lounge
Kitchen
Bedroom
Separate Shower Room
First Floor Landing
Leads to -
FLAT THREE
Having -
Entrance Hallway
Lounge 12'7" x 12'6"
With electric heater, window to front aspect.
Kitchen 7'7" x 5'6"
Fitted with a range of base units, single drainer sink unit, plumbing for washing machine, uPVC double glazed window to rear aspect.
Bedroom 11'5" x 8'9"
With electric heater, uPVC double glazed window to rear aspect.
Shower Room
With walk-in shower, pedestal wash hand basin and low flush wc.
FLAT FOUR
Having -
Entrance Porch
Lounge 12'7" x 11'9"
With window to front aspect.
Kitchen 8'8" x 3'8"
With single drainer sink unit, range of wall mounted base units, uPVC double glazed window to rear aspect.
Bedroom 11'7" x 8'6"
With uPVC double glazed window to side aspect and uPVC double glazed window to rear aspect.
Shower Room
With walk-in shower, pedestal wash hand basin, low flush wc, electric heater.
Outside
There is a small rear garden laid to lawn.
Tenancy Details
The flats are let at £390, £360, £362 & £363 every four weeks (£19,175 p.a.).
Tenure
Freehold. Subject to tenancies.
Conditions Of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Note
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash deposits.
The sale of all property is subject to a buyers fee of £750 (inc VAT).
*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.grahampennyauctions.com/glossary
FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE
INVESTMENT OPPORTUNITY
Traditional detached house split into four self-contained flats
Producing circa £19,000 p.a.
Highly regarded residential location
EPC Ratings : Flat 1 - F & Flat 2 - F, Flat 3 - E & Flat 4 - F
