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5 Curzon Street, Netherfield, Nottingham NG4 2NU

Lot no: 55 Sold at Auction for £77,500
 

Guide Price £69,500+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 24th November 2022

10.00am
Key Features
  • End terrace House in a very popular residential location
  • Refurbishment opportunity
  • Potential to be reconfigured as a 4/5 Bedroom HMO(subject to planning consents)
  • EPC Rating: F
  • Council Tax Band: A
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Sold at Auction for £77,500

End of terrace house

Property Description:

A two bedroom end of terrace house situated in a very popular residential location with potential to be an excellent buy to let investment, refurbishment or development project.

The property has the potential to be reconfigured, subject to all necessary consents, in to a three bedroom house or potentially a four+ bedroom HMO. Viewing is strongly recommended so you can see first-hand the options and huge potential this property has on offer.

The property has the added benefit of brand new double glazed windows and doors as well as a new boiler.

Ground Floor:
Entrance
Lounge

11ft 8 x 11ft 5

Sitting/Dining Room

12ft 8 x 11ft 8

Kitchen

13ft 11 x 6ft 7

First Floor:
Bedroom One

12ft 8 x 11ft 8

Bedroom Two

11ft 8 x 11ft 5

Bathroom

9ft 4 x 6ft 6

Store

6ft 6 x 4ft

Outside

Rear low maintenance garden

Tenure:

Freehold. Vacant possession upon completion.



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 Variable 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 fees apply:

• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

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.
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