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86 Main Road, Gedling, Nottingham NG4 3HG

Lot no: 51 Sold at Auction for £270,000
 

Guide Price £250,000+ 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 23rd February 2023

10.00am
Key Features
  • Semi Detached Character Property dating back to 1870
  • Two reception rooms and orangery
  • Off road parking and mature rear gardens
  • EPC Rating: E
  • Council Tax Band: B
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Sold at Auction for £270,000

Semi-detached house

Property Description:

Rose Cottage is a phenomenal opportunity to purchase a character property dating back to 1870. This type of property is rarely available to buy and is situated in an extremely popular residential location and offers huge potential for its new owner

The cottage is semi detached and occupies a very generous plot front and rear. There is off road parking to the front and to the rear there is a well established garden which one could only imagine is quite stunning come the spring and summer months

Internally, there is huge potential to add value after a light cosmetic upgrade. There is a very generously sized lounge as well as an additional reception/dining/sitting room, the kitchen has been extended and now includes an orangerey with access to the utility area. The first floor has two good sized bedrooms, shower room and landing giving access to the loft room (currently used as a sitting room)

The vendor has informed us that local agents in the area have expressed that once renovated, the property would be very appealing on the open market. So whether you are looking to add value and re-sell or you are looking for your dream home to live in, then Rose Cottage is definitely a property worth taking a closer look at.

Viewings are available and come highly recommended.

Ground Floor
Lounge - 17ft5 x 12ft1
Dining/Reception/Sitting room - 11ft8 x 10ft3
Kitchen Area - 9ft9 x 8ft6
Orangery Area - 13ft3 x 6ft10
Utility Room - 8ft2 x 4ft5
First Floor:
Landing
Bedroom One - 17ft7 x 8ft9max (6ft6 min)
Bedroom Two - 11ft8 x 10ft3
Shower Room - 8ft3 x 5ft3
Second Floor:
Loft Room - 15ft5 x 7ft8
Outside:
Off Road Parking to the front
Patio and seating areas
Established gardens
Outside W/C
Storage shed - 16ft3 x 4ft8
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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