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Apartment 31, William Bancroft Buildings, Roden Street, Nottingham NG3 1GH

Lot no: 68 Sold at Auction for £93,000
 

Guide Price £75,000+ 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.

Wednesday 27th March 2024

9.00am
Key Features
  • Excellent apartment filled with character
  • Great city centre location
  • Walking distance to all amenities
  • Secure intercom entrance
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Sold at Auction for £93,000

Apartment

Property Description:

This well presented apartment oozes character, it was converted from a clothing mill in 2003 and maintains a lot of its original features. There are high ceilings and original beams throughout.

The apartment comprises of a secure entrance with intercom, large double bedroom, bathroom, kitchen and open plan living space.

Externally the property is accessed through private gates.

Nottingham city centre is just a short walk away, with first class amenities to hand including a variety of leisure facilities, a host of bars, shops, restaurants and supermarkets. There are superb transport links and easy access to all major trunk roads.

Additional Information
Parking Arrangements: None
Water: Mains
Electric: Mains
Sewerage: Mains
Heating: See Horizon LPE1 (4.8.1) in the legal pack
Building construction:
Floor Risk: Surface water high
Broadband: Standard and superfast available
Mobile Signal: o2, EE, Three and Vodafone available
Satellite and Cable TV Availability: BT and Sky

7.53m x 6.2m - Kitchen/Lounge/Diner
4.1m x 3.2m - Bedroom
1.9m x 2.5m - Bathroom
2.5m x 2.1m - Entrance hallway
Leasehold Information

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

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Leasehold. Vacant possession upon completion.

Ground Rent

£100

Unexpired Years

104



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.