Next auction Thursday 25th April 2.30PM

Apartment 4, 14A Magdala Road, Mapperley Park, Nottingham, NG3 5DF



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Guide price

£125,000+


Property Type

Residential

Bedrooms

1


Key Features

  • Long Leasehold top floor flat in Mapperley Park
  • Currently let and producing £595 pcm
  • Situated close to Nottingham City Centre

Part of the 14 October 2021 auction
The Nottingham Racecourse at 2.30PM

Long leasehold top floor 1 bedroom apartment in the heart of Mapperley Park, Let and producing £595 pcm

  • Long Leasehold top floor apartment
  • Located in the heart of Mapperley Park
  • Situated a short walk from Mansfield Road
  • Close to Lidl Supermarket and Forest Recreation Ground
  • Top floor of an attractive block of apartments
  • Off street secure gated parking located to the rear
  • Communal secure access from rear
  • Open plan living room/kitchen/diner
  • Double bedroom & bathroom
  • Currently let and producing £595 pcm
  • Ground Rent £175 pa
  • Long leasehold for period of 125 years from 2004
  • Ideal investment opportunity

Please contact Auction Estates on 0115 7844 600

Fees

A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Long Leasehold for a term of 125 years from 2004 (108 years remaining) Currently let and producing £595 pcm

Email: rhill@setfords.co.uk
Telephone: 0207 871 9489

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