End of terrace house
This end-terraced house has been converted into two good sized self contained flats. Ideal for any investor/landlord with a potential combined rental income when fully let of £9,600 per annum. Perfectly located only a stones throw to a wealth of amenities on cosmopolitan Mansfield Road, Sherwood and with great links into the city.
The ground floor flat briefly comprises of open plan kitchen and living space, shower/wet room, one bedroom and basement which is head height, ideal for storage or home office. Mostly renovated just in need of the finishing touches. Potential rental income £350 per calendar month.
The first floor duplex flat briefly comprises of entrance via the ground floor with stairs leading to the first floor accommodation with kitchen, bathroom, living room or bedroom one. Second floor accommodation leads to a large bedroom. Potential rental income £450 per calendar month.
Entrance
Kitchen and open living space
Shower/Wet room
Bedroom One
Basement
Entrance - Via ground floor, stairs leading to first floor accommodation.
Kitchen
Bathroom
Living Room/Bedroom One
Second Floor Accommodation -
Bedroom Two
Rear yard area.
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.
