Apartment
A two bedroom apartment located on the first floor of a purpose built two story block.
The property is finished to a good standard internally including a fitted kitchen, two double bedrooms and a bathroom.
The apartment is currently let at £900pcm on an AST agreement. Interested parties are advised to inspect the legal pack form more information.
Location
The NG3 postcode district includes parts of St Anns and Mapperley, which offer residential properties and local amenities like schools, parks, and shops.The property is well connected to the citys leading road network, including major routes like A60 and A610, providing links to other parts of the city and the wider region. Regular bus routes operate within Nottingham, and nearby stops provide easy access to the citys public transport systems. Nottingham Station is the nearest central train station, offering services to London,
Birmingham, Sheffield, and other UK cities. The area is served by local schools, including primary and secondary schools.
125 years from 25 December 1982. Ground Rent £22.40 per annum. Service Charge £3.36 per annum. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Please be advised that 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.
These sales details are awaiting vendor approval.
Leasehold. Subject to tenancy.
82
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under an 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 fees apply:
• 5% deposit (subject to a minimum of £5,000 inc VAT)
• Buyers Fee of 3% of the purchase price (subject to a minimum of £5,000 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.
