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85 Nottingham Road, Nottingham NG7 7AJ

Auction Event
 

Guide Price £120,000+ 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.

Wednesday 29th October 2025

9.00am
Key Features
  • Council Tax Band: A
  • Potential high yielding freehold residential investment opportunity
  • Large three storied extended semi-detached period property
  • Sub-divided into 3x well maintained 1 bedroomed apartments
  • Fully uPVC double glazed and gas centrally heated
  • Elevated corner plot on the corner of Langtry Grove
  • Potential combined gross income of circa £23,000 to £25,000 per annum when let
  • Offered for sale with immediate vacant possession
  • EPC Rating: D C C
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Semi-detached house

Property Description:

***POTENTIAL FREEHOLD HIGH YIELDING RESIDENTIAL INVESTMENT***

Located on the corner of Langtry Road on an elevated plot and set back from the road, is a large, extended brick built semi-detached period property arranged over three floors, sub-divided into three well-equipped, one bedroomed self-contained apartments, all with vacant possession.

In our opinion the property when fully let, we would estimate a combined gross rental income of circa £23,000 to £25,000 per annum. This represents an impressive 19.5% based on the guide price.

The character property is fully uPVC double glazed and gas centrally heated and is a ready to go investment, occupying a strong letting location with excellent road network connections and with near by amenities.

Communal Entrance Hall

With stairs.

Flat One

Comprising -

Entrance Lobby

6ft x 5ft

Bedroom

15ft into bay x 14ft 3 into chimney recess.

Bathroom

6ft 1 x 6ft

Lounge

14ft 4 into chimney recess x 12ft

Kitchen

10ft 1 x 7ft 1

First Floor Landing

Leading to -

Flat Two

Comprising -

Entrance Lobby

9ft 6 x 2ft 8

L-Shaped Lounge

13ft 6 x 12ft 1

Kitchen

11ft 6 x 5ft 9

Bathroom

5ft 1 x 6ft

Separate WC

5ft x 2ft 9

Bedroom

14ft 3 into chimney recess x 8ft 5

Second Floor Landing

Leading to -

Flat Three

Comprising -

L-Shaped Lounge

13ft 6 x 12ft 2

Kitchen

11ft 4 x 6ft 5

Bathroom

4ft 9 x 5ft 8

Separate WC

5ft x 2ft 8

Bedroom

13ft 6 x 8ft 5

Council Tax Bands

Each flat is banded A for council tax purposes.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Vacant possession upon completion.


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

On Street



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.