Flat
A ground floor one bedroom flat in a popular and convenient location.
Situated along Woodborough Road in Mapperley which has a great range of local amenities and good transport links.
The flat benefits from gas central heating and UPVC double glazing and is thought ready to be let out. Based on comparable evidence, we envisage a rental of £475 to £525 per calendar month/£5,700 to £6,300 per annum could be achieved. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
With base and wall units, sink, space for appliances, window to side aspect and door to rear.
With radiator, laminate wood flooring and door to cellar.
With new carpet flooring, radiator and window to front aspect.
With white suite comprising low flush W/C, wash hand basin and corner bath with electric shower over, radiator, airing cupboard with combi boiler and window to side.
A large cellar space which is under the bedroom and lounge.
There is a side gated path leading to the rear with main door to the flat. The rear garden is not included in the sale but the Freeholder is willing to negotiate a sale with the purchaser.
Length of lease: virtual freehold with 973 year lease remaining Current ground rent: £1 per annum. A copy of the lease can be found within the legal pack when made available.
Leasehold. Vacant possession upon completion.
973
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 (England and Wales).
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms.
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 £1074 inc. VAT
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
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.
Guide Price & Reserve Price
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.
