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Apartment 21 The Zone, Cranbrook Street, Nottingham, NG1 1EJ

Lot no: 44 Sold at Auction for £95,000
 

Guide Price £100,000+ 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 25th March 2021

10.00am
Key Features
  • City centre location
  • Two bedrooms
  • Allocated parking
  • Investment opportunity
  • EPC Rating: C
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Sold at Auction for £95,000

Apartment

Property Description:

A two bedroomed first floor apartment situated in the heart of Nottingham city centre. The accommodation comprises hallway, large lounge/diner, separate kitchen, two bedrooms, bathroom and en-suite shower room. Located in the heart of the city centre, the property benefits from a dual aspect and has an allocated parking space to the rear. The Zone has an intercom security system and gas central heating. Previously let for £750 per calendar month, it would make a fantastic buy or investment opportunity.

Hall

Entrance door to Communal Hallway, three double glazed windows to rear, storage cupboard, intercom entry.

Lounge/Dining Room - 4.00m x 5.46m (13'1" x 17'11")

Double glazed French doors with Juliette balcony to front. Windows to the side and rear, radiators.

Kitchen - 2.21m x 3.50m (7'3" x 11'6")

Fitted with a matching range of wall and base units with work surfaces over, integrated oven and hob with extractor over, plumbing for a washing machine, double glazed window to front.

Bedroom One - 2.68m x 3.50m (8'10" x 11'6")

Double glazed French doors with Juliette balcony to front, radiator.

Bedroom Two - 1.70m x 3.50m (5'7" x 11'6")

Radiator and window to side.

Bathroom

Fitted with a three piece suite comprising bath, wash basin and wc. Tiled splashbacks, extractor fan and radiator.

En-Suite Shower Room

Fitted with a three piece suite comprising shower cubicle, wash basin and wc. Tiled splashbacks, extractor fan and radiator.

Parking

Located to the rear of the property - one allocated space.

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.

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