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1A & 1B Radford Grove Lane, Nottingham NG7 5QB

Auction Event
 

Guide Price £295,000+ plus fees

UnconditionalOn 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 the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 28th August 2025

9.00am
Key Features
  • Council Tax Band: A
  • Impressive Airbnb/Investment Opportunity
  • Four Lettable Rooms and Separate Flat
  • Modern Decor Throughout
  • Recently Fitted Combi Boiler and Oak Firedoors
  • Excellent Location
  • EPC Rating: C
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Detached house

Property Description:

This detached property presents an excellent investment opportunity. Unit 1b is currently rented for £695 per month, while unit 1a features four rooms available on Airbnb at £35 per night, resulting in an impressive annual income of £59,440. The property enjoys a prime location with outstanding city centre connections and nearby local amenities.

1a - The property briefly consists of an entrance hallway with stairs leading down to a shower room/utility area and a snug, as well as stairs leading up to a modern fitted kitchen/diner, an additional shower room, and four fully furnished rooms, all equipped with hardwired broadband, UPVC double glazing, and gas central heating.

1b - The property briefly includes an entrance into a bay-fronted kitchen/lounge, two separate rooms—one with a bath and the other with a WC and basin—and a double bedroom.

Externally, the property features a landscaped front garden with a low-maintenance lawn, flower beds, and an attractive slate-chipped area. Additionally, there are two sheds for extra storage and a carport situated just outside the fenced area.

Given its excellent city centre location, this property has maintained full bookings throughout the year, attracting a mix of long-term Airbnb rentals, returning guests, and workers seeking proximity to the city.

Tenure:

Freehold. Part let/part vacant.


Utilities Information
  • Heating Supply: Gas Central, Double Glazing
  • Electric Supply: Mains Supply
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply
Parking Arrangements

Driveway



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.

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 1.2% of the purchase price (subject to a minimum 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.