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Flat 2, 10 High Street, Long Eaton, Nottingham, Nottinghamshire NG10 1GH

Lot no: 105 Sold at Auction for £50,000
 

Guide Price £45,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 25th May 2023

10.00am
Key Features
  • One bedroom second floor flat
  • Ideal potential buy to let opportunity
  • Town Centre Location
  • EPC Rating: E
  • Council Tax Band: A
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Sold at Auction for £50,000

Flat

Property Description:

A one bedroom apartment in town centre location.

This spacious, two double bedroom flat is well placed for a huge range of amenities.

The location would make it an ideal buy to let investment with estimated rental value of £550 per calendar month/£6,600 per annum. A great addition to any rental portfolio. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Located on the first floor of the building on 10 High street. Access to to the rear of the building off Cross Street.

Reception Hallway

Located on the first floor with stairs rising to second floor.

Landing

With access to all rooms.

Lounge / Kitchen 5.30m x 3.81m

An open plan room with range of base and wall units, sink, worktops, oven , hob and extractor hood. Lounge area with feature windows to front aspect.

Bedroom 3.70m x 3.40m

With window to rear aspect.

Bathroom

WIth modern suite comprising low flush w.c. wash hand basin and panel bah with shower over. Tiled walls and floor.

Leasehold Information

Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack once available.

Tenure:

Leasehold. 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 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.