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Apartment 1 & Apartment 2, 68 Hey Street, Long Eaton, Nottingham, NG10 3GZ

Lot no: 22 Re-entry to a future auction
 

Guide Price £165,000+ 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.

Tuesday 9th April 2019

11.30am
Key Features
  • Two apartments (one x 1 bed and one x 3 bed) set in a period semi detached property
  • Currently let producing £14,640 per annum collectively
  • Deceptively spacious accommodation
  • Popular residential location, just a short walk from all local amenities and with easy access to the M1, A50 and A52.
  • EPC Rating: D, E
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Re-entry to a future auction

Semi-detached house

Property Description:

DRAFT DETAILS
Two apartments which are currently achieving £14,640 per annum collectively, situated on Hey Street, which is just a short walk from all local shops and has easy access to the M1, A50 and A52.

Apartment One is a one-bedroomed apartment achieving £525 per calendar month. (£6,300 per annum)
Apartment Two is a three-bedroomed apartment achieving £695 per calender month. (£8340 per annum)

Apartment One is on the ground floor and comprises a kitchen, bathroom, living room area, small dining area and one large double bedroom.

Apartment Two is entered via the ground floor with stairs to the first floor. This comprises a kitchen, shower room, living room, large landing, stairs to the second floor which has three bedrooms and one bathroom. It also has a spiral staircase leading to a small storage area on the third floor.

The accommodation comprises:

Apartment One (Ground Floor)

Enter via front door

Kitchen

3.11m x 2.42m
With fitted kitchen having wall and base units with work surfaces over, stainless steel one and a half bowl sink and drainer, splashback tiling to walls, integrated oven, four burner gas hob with cooker hood over, full tiling to floors, plumbing for automatic washing machine and dishwasher which are integrated, integrated fridge freezer, wall mounted combination boiler, radiator. Door to bathroom.

Bathroom

2.13 x 1.66m
With panelled bath having mixer taps, wash hand basin, low level wc, heated chrome towel rail, full tiling to walls and floor, double glazed windows to side and rear elevations.

Living Room Area

4.34m x 4.04
With single glazed windows to rear elevation (one which is arched), windows to side elevation, feature open fireplace, fully tiled floors, door to bedroom and large storage cupboard.

Small Dining Area

1.99m x 2.13m
With single glazed window to rear elevation, tiled floors.

Double Bedroom

4.34m x 4.34m
With single glazed bay window to front elevation, two radiators, cupboard housing electric and gas meters.

Apartment Two (Upper Floors)

Spacious accommodation comprising:

Ground Floor Entrance Hall

With stairs leading to first floor.

First Floor:
Large Spacious Landing Area

With doors to kitchen, shower room, living room and stairs leading to the second floor, single glazed window to rear elevation.

Lounge

4.36m x 4.36m
With single glazed sash windows to front and side elevation, two radiators.

Kitchen

4.33 x 3.06
Fully fitted kitchen with wall and base units with work surfaces over, one bowl stainless steel sink and drainer, tiling to wall and floors, integrated oven, gas hob with cooker hood over, integrated automatic washing machine and dishwasher, integrated fridge freezer, single glazed sash windows to the side and rear elevation, radiator.

Shower Room

With single glazed sash window to the side elevation, low level wc, wash hand basin, double shower cubicle, tiling to floor and walls.

Second Floor:
Large Landing

3.71 x 3.78m
We feel this area could be used as an office/study space, spiral staircase leading to a small storage area with a Velux window. Doors to three bedrooms and bathroom.

Bedroom One

3.14m x 3.81m
With double glazed window to side elevation, radiator.

Bedroom Two

3.31m x 3.10m
With Velux window to front elevation, radiator.

Bedroom Three

3.91m x 2.25m
With double glazed window to the side elevation, original feature fireplace, radiator.

Bathroom

2.93m x 1.95m
With Velux window to rear elevation, bathroom suite comprising bath, wash hand basin with vanity unit below, low level wc, feature pebble tiled walls and floor.

Outside

There is a gravelled driveway leading to a large gravelled area to the rear of the property giving ample off-street parking.

Tenure:

Freehold. Subject to tenancy.


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.