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Flat 2, 226 Alfreton Road, Nottingham, Nottinghamshire NG7 3PE

Lot no: 3 Sold at Auction for £83,000
 

Guide Price £78,000+ 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.

Friday 27th September 2019

11.30am
Key Features
  • Large first floor flat with four lettable rooms
  • Convenient for access to Nottingham city centre
  • Shared communal and kitchen areas
  • Gas centrally heated and double glazed
  • EPC Rating: C
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Sold at Auction for £83,000

Flat

Property Description:

DRAFT DETAILS
Large first floor flat with four lettable rooms, providing good access for Nottingham city centre and all local amenities. The property benefits from gas central heating and Upvc double glazing and comprises of entrance hall via ground floor giving access to the large first floor flat with four lettable rooms. There is a shared kitchen/communal area and bathroom.

The property is being sold with vacant possession, however has the potential to achieve £14,400pa when fully let.

We have been informed by the vendor that the flat has a HMO Licence which is listed on the Nottingham City Council database.

The accommodation comprises:

Ground Floor:
Communal Entrance Hall

With stairs to first floor giving access to Flat 2.

Flat 2 Entrance:

Front door leading into Hallway with radiator and doors leading to four lettable rooms, kitchen/communal area and bathroom.

Kitchen/Communal Area

4.38m x 4.81m
With upvc window to the rear and side elevation. Fitted kitchen comprising wall and base units, work surfaces, stainless steel sink and drainer, splash back tiling, integrated oven and electric hob. Radiator. Wall mounted combination boiler and two storage cupboards.

Bathroom

1.66m x 2.10m
With upvc window to the rear elevation, low level Wc, panelled bath, wash hand basin, part tiled walls, radiator.

Room One (currently vacant)

4.32m x 2.11m
Upvc window to the rear elevation. Radiator.

Room Two (currently vacant)

3.07m x 3.83m
Upvc window to the front elevation. Radiator.

Room Three (currently let)

4.60m x 2.22m
Upvc window to the front elevation. Radiator.

Room Four (currently let)

2.10m x 5.56m
Upvc window to front elevation. Radiator.

Tenure:

Leasehold.


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.