Flat
DRAFT DETAILS
Ideal investment opportunity within the popular Arboretum district of Nottingham which is well served by the Nottingham tram system which offers a wealth of amenities, whist having easy access to Nottingham Trent university and Nottingham city centre. The spacious gas centrally heated and double glazed flat is split into three individual bedsits, producing a rent, we believe circa £11,000 per annum when fully let (one bedsit is currently vacant, the other two are let at £325 pcm and £320 pcm respectively).
To the first floor of the building is Flat 3 which provides access to a communal bathroom, separate wc and a communal kitchen. A further landing to the second floor leads to three self-contained spacious bedsits. Viewing highly recommended.
The accommodation comprises:
With staircase to the first floor.
With panelled bath with shower unit and attachment over, pedestal wash hand basin, obscure upvc double glazed window.
With low flush wc.
13ft 5 x 9ft 1
With range of base units, four ring gas hob and electric oven, combination boiler, single drainer sink unit, plumbing for washing machine, upvc double glazed window to side.
15ft 1 x 13ft 5
With radiator, upvc double glazed window to rear aspect.
12ft 1 x 7ft 4
With radiator, upvc double glazed window to front aspect.
16ft 4 x 12ft 6
With radiator, upvc double glazed window to front aspect.
Leasehold. 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.
