Semi-Detached House
Draft Details Only- Awaiting Vendor Approval
An excellent opportunity to acquire a high yield residential investment property being a pair of three storied semi detached houses (not combined) having gas centrally heated part double glazed accommodation which has been used in times past as an annexe to the adjacent Talbot House Hotel but now let as individual rooms. Number 22 has eight rooms all with en-suite facilities. 24 has eleven rooms without en-suite facilities.
The properties are well located about a mile south of Nottingham City centre with frequent transport links, and almost opposite Trent Bridge cricket ground. Whilst not fully occupied, we are advised that the rental income to April 2009 was £32,336 gross.
Briefly both properties offer the following accommodation -
NUMBER 22
Side hall with access to ground floor bedrooms both with en-suite facilities. Further ground floor bedroom with its own private access.
Front hall with stairs to first floor from which are three large bedrooms all with en-suite facilities
Second floor with two large bedrooms with en-suite facilities.
NUMBER 24
Having entrance hall, two letting rooms, communal lounge, rear hall, bathroom with three piece suite of fittings, further letting room and a large fitted kitchen.
At first floor level there are five letting rooms plus kitchen and bathroom.
At second floor level there are three letting rooms plus kitchen and bathroom.
Outside generally there are driveways to both sides, one leading to a Detached Garage, and in all parking for between 12 and 15 vehicles.
Note
The properties are being sold subject to two existing occupancies although part of the property is vacant and there is scope for increased income.
Directions
From Nottingham City centre take the A60 following past Meadow Lane, over the Trent Bridge, ignoring the first left hand turn at the traffic lights into Radford Road but taking the next left hand turn onto Bridgford Road (Trent Bridge cricket ground on left hand corner) where the property will be found very shortly on the right hand side.
Vendors Solicitors/Licensed Conveyancers
Thomas Solicitors, 1c Devonshire Avenue, Beeston, Nottingham NG9 1BS
Tenure
Freehold. Vacant possession on completion.
Conditions Of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold or withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Note
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or credit card deposits.
The sale of each lot is subject to a contract documentation charge of £250 (inc VAT) payable on the fall of the hammer.
For Sale by Auction: Thursday 21st May 2009
At Pride Park Stadium, Derby
Commencing at 11.30 am
RESIDENTIAL INVESTMENT OPPORTUNITY
A pair of three storied semi detached houses with car parking
Separate accommodation totalling 19 letting rooms
Extensive car parking with two drives
Prominent road frontage almost opposite Trent Bridge cricket ground
