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74 Godfrey Street, Netherfield, Gedling, Nottingham NG4 2JG

Lot no: 3 Sold at Auction for £104,000
 

Guide Price £60,000 - £75,000 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 25th April 2024

9.00am
Key Features
  • Guide Price: £60,000 - £75,000
  • End-terraced property
  • Two double bedrooms
  • In need of a scheme of modernisation and improvement
  • Close to local amenities
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Sold at Auction for £104,000

End of terrace house

Property Description:

A two bedroomed end-of terrace property situated in Netherfield.

The property is in need of a scheme of modernisation and improvement and in brief the accommodation comprises of lounge, dining room, kitchen, two double bedrooms and a bathroom.

The property is within walking distance of Netherfield high street where there is a variety of shops, eateries, transport links into Nottingham city centre and surrounding towns. Victoria Retail Park is within a short drive where there you find some mainstream retailers. Morrisons, Sainsburys, Lidl and Aldi are nearby.

Note:

Please be advised that room measurements are currently not available. Prospective buyers are advised to make all necessary independent enquiries before placing their bid, as this will be binding.

Services and Heating:

Please be advised that key information regarding services and heating arrangements are currently not available. Prospective buyers are advised to make all necessary independent enquiries before placing their bid, as this will be binding.

Building Construction:

Brick.

Flood Risk:

Surface Water - Flooding from surface water is: Very Low Risk (unlikely) in this area. Groundwater - Flooding from groundwater is: Very Low Risk (unlikely) in this area. Rivers and the sea - Medium risk. Reservoirs - Flooding from reservoirs is likely in this area.

Broadband:

Standard 12 mbps, Superfast 114 mbps and Ultrafast 1000 mbps are available in this location

Mobile Signal:

EE, O2, Vodaphone and Three are available in this location.

Satellite and Cable TV Availability:

Sky, Virgin and BT are available in this location.

Note

Please be advised that whilst our joint agent has conducted an inspection, the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.

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. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

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

• Buyers 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 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.