Semi-detached house
Three bedroom semi-detached property, registered as a HMO, with four lettable rooms, sitting in the heart of NG7. A superb investment opportunity. Currently fully let until July 2022 with an attractive income of £19,800.00 per annum. Comprising of the entrance hall leading to the front reception room used as a bedroom and living area leading to the kitchen. To the first floor landing are two more bedrooms with bathroom and separate Wc. To the second floor is further bedroom area. Outside is an enclosed rear yard.
Set right in the heart of Lenton/Dunkirk this property sits in one of the most popular and prime lettings locations in Nottingham. Minutes from the city and Queens Medical Centre and local amenities. Close to major retail parks such as Castle and Madford and Midland Retail.
Bedroom Four
Enclosed rear yard area.
The vendor is an associate of SDL Auctions Limited
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.
