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91/93 Springwell Street, Huthwaite, Nottingham, NG17 2JF

Lot no: 20 Sold at Auction for £93,000
 

Guide Price £72,000+ 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 16th March 2017

11.30am
Key Features
  • Traditional detached residence currently split into two spacious flats
  • Ground floor flat currently let at £370 per calendar month
  • Generous sized plot with scope to extend STPC
  • Excellent investment opportunity
  • EPC Rating: E & D
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Sold at Auction for £93,000

Detached house

Property Description:

DRAFT DETAILS
Unique opportunity to acquire a traditional detached residence which, we are led to believe, was a former Co-op building and has been split into two spacious flats. The ground floor we believe is currently let at £370 per calendar month. The second floor flat has three bedrooms and is double glazed. Situated on a generous sized plot with good sized rear garden with ample parking to front and two garages. There is scope to extend subject to the appropriate planning consents. Excellent investment opportunity for a property that is situated in an established residential location within easy reach of the A38, M1 and close to a wide range of amenities.

The accommodation comprises:

Ground Floor: (91 Springwell Street)

(this was not inspected but believed to be similar to first floor and currently let on an AST at £370 per calendar month)

First Floor: (93 Springwell Street)
Separate Entrance

With staircase to first floor.

Lounge

18ft 3 into recess reducing to 13ft 5 x 13ft 8
Having radiator, gas fire, upvc double glazed window to side, two upvc double glazed windows to front aspect.

Kitchen

8ft 2 x 7ft 7
With single drainer sink unit, radiator, upvc double glazed window to rear aspect.

Bedroom One

12ft 8 x 9ft 10
Having radiator, upvc double glazed window to side and front aspect.

Bedroom Two

10ft 6 x 6ft 5
With radiator, upvc double glazed window to rear aspect.

Bedroom Three

7ft 5 x 5ft 1
Having radiator, upvc double glazed window to rear aspect.

Bathroom

With three piece suite comprising panelled bath, wall mounted wash hand basin, low flush wc, radiator, obscure upvc double glazed window.

Outside

Overall the building is situated on a generous sized plot with driveway to both sides of the property for several vehicles. There are also two single garages and lawned garden areas to the rear.

Tenure:

Freehold. Part let/part vacant.


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 auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s 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
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.