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14 Teal Wharf, Castle Marina, Nottingham, Nottinghamshire NG7 1GW

Lot no: 9 Sold at Auction for £117,000
 

Guide Price £90,000+ 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 27th July 2023

10.00am
Key Features
  • Duplex Apartment
  • Marina Location
  • Great Buy To Let
  • 2 Bedrooms
  • Garage
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Sold at Auction for £117,000

Duplex

Property Description:

A two bedroom duplex apartment in sought after location.

A spacious apartment located over the first and second floors of this purpose built development. A highly desirable location with pleasant canal and marina walks yet within easy reach of the City centre and tram stops.

An ideal buy to let opportunity with estimated rental value of £950 per calendar month / £11,400 per annum.

The property benefits from well maintained communal gardens, residents parking and single garage.

Communal Hallway

With secure entry door and shared only with one other apartment.

Reception Hallway

With cloaks cupboard, electric heater and window to rear and stairs off.

Lounge / Kitchen / Diner 5.96m x 5.42m max

A bright and airy open plan living space. With a fitted kitchen comprising of base and wall units, sink, integrated oven, hob, extractor and microwave. Two electric heaters, two windows to front aspect and patio doors opening onto the Balcony.

Balcony

Being of Steel construction with views over the communal gardens.

Landing

With loft access and doors to bathroom and two bedrooms.

Bedroom One 4.07m x 3.53m

With electric heater and Velux style windows to rear.

Bedroom Two 3.22m x2.36m

With electric heater and velux style windows to front aspect.

Bathroom

Having low flush w.c. wash hand basin and panel bath with electric shower over. Part tiled walls, heated towel rail and window to front.

Outside

Well maintained communal gardens with lawns and shrubbery. Residents parking and single garage 5.31m x 2.57m

Leasehold Information

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

Tenure:

Leasehold. Vacant possession upon completion.

Unexpired Years

161



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.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of £1,500 inc. VAT

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

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 (and any applicable Home Report for residential Scottish properties).


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.