Block of Apartments
DRAFT DETAILS A unique opportunity to acquire an extensive end-terraced residence, converted into two self-contained one bedroomed flats benefiting from double glazing. Excellent investment potential, the ground floor flat is currently let achieving £370pcm and the first floor achieving £395pcm. Combined rental income £9,180 per annum. The ground floor flat comprises of entrance hallway, living room, shower room, kitchen and bedroom. The first floor landing leads to the second flat which comprises of an entrance hallway, living room, kitchen, bathroom with three piece suite, and bedroom to the second floor. Outside there is a small yard and two outbuildings plus an outside wc. The property is situated in a desirable residential location close to the town centre of Sutton in Ashfield, offering a wide range of amenities and good transport links to the A38 and M1 motorway. Viewing strongly advised. The accommodation comprises:
Entered by uPVC door
With electric storage heater, tiled flooring, uPVC double glazed window to rear aspect.
With uPVC double glazed window to front aspect.
With single drainer sink unit, range of wall mounted and base units, tiled flooring, plumbing for washing machine, uPVC door to side, uPVC double glazed window to side.
With shower cubicle having shower unit and attachment, wall mounted wash hand basin, low flush wc, extractor fan.
Staircase leading to landing.
With electric storage heater, uPVC double glazed window to front aspect.
6ft 3 x 5ft 6 With single drainer sink unit, range of wall mounted and base units, roll edge working surfaces, electric storage heater.
Comprising panelled bath, wall mounted wash hand basin, low flush wc, tiled splashback areas, extractor fan, obscure uPVC double glazed window. Staircase leading to second floor.
With Velux window.
There is a small yard to the rear of the property which leads to two outbuildings. There is also an outside wc.
Freehold.
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.
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