fbpx
My Favourites
Free sales valuation
Click here to watch today's National Property Auction from 9am

Flat 3, 18 Lady Bay Road, West Bridgford, Nottinghamshire NG2 5BJ

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

Guide Price £68,000+ 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 19th December 2019

11.30am
Key Features
  • One bedroom apartment in a period conversion
  • Gas central heating and double glazing
  • Ever-popular location in West Bridgford
  • EPC Rating: C
Add to favourites
Sold at Auction for £83,000

Flat

Property Description:

An excellent opportunity to purchase a one bedroom apartment in a period conversion. The property is located in the popular area of Lady Bay in West Bridgford which has the benefit of a range of shopping facilities and amenities, local primary school, and regular public transport links.

The accommodation benefits from gas central heating and double glazing and briefly comprises of separate entrance, reception hall, dining kitchen, bedroom and bathroom.

Potential rental income circa £750 per calendar month based on similar properties in the area. We believe there to be 995 years left on the lease, with the ground rent being £1 per annum and the service charge being £240 per year.

First floor

With separate entrance and a composite front entrance door leading to inner hall.

Reception Hall

With engineered oak wooden floor, radiator, spotlights and doors leading to kitchen.

Dining Kitchen

13ft 4 x 11ft 2
With double glazed window to the front elevation, feature skylight set within roof, range of fitted high gloss fronted wall and base units with work surfaces over and incorporating stainless steel sink unit with mixer tap, four ring stainless steel gas hob with stainless steel and glass extractor fan over, stainless steel and glass oven set below, engineered wooden flooring, radiator, spotlights, tv and telephone points.

Bedroom

11ft 6 x 8ft 9 (max)
With double glazed window to the front elevation, spotlights, radiator and tv points.

Bathroom

Fitted with a three piece white suite comprising panelled bath with glass shower screen, chrome towel radiator, low flush WC, pedestal wash hand basin with chrome taps and tiled floor, wall mounted chrome towel radiator and extractor fan.

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.