Next auction Thursday 15th August 2.30PM

1 Station Terrace, Hucknall, Nottingham, NG15 7TQ



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Guide price

£125,000+


Property Type

Residential

Bedrooms

3


Key Features

  • Freehold residential investment property comprising 3 x one bedroom flats
  • First floor flat currently let at £400 pcm
  • Would benefit from full cosmetic refurbishment throughout

Part of the 16 June 2022 auction
The Nottingham Racecourse at 2.30PM

Freehold mid-terrace residential investment property comprising 3 x one bedroom flats (1 let) situated in the heart of Hucknall opposite the Train Station, NET Tram stop and Tesco Supermarket

  • Freehold mid-terrace residential investment
  • Situated in the heart of Hucknall
  • Opposite the Hucknall train station and NET tram stop
  • Adjacent to the The Station Hotel
  • GF: Lounge, bathroom, kitchen and double bedroom
  • FF: 1 bed flat - Not yet internally inspected by Auction Estates
  • Currently let at £400 pcm
  • Based on current rents, when fully let the ERV is £1,350pcm
  • SF: Lounge, bathroom, kitchen and double bedroom
  • Requires cosmetic refurbishment throughout
  • Small garden to the rear
  • Off street parking to the front
  • Bay fronted property ideal for investors

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.

Freehold subject to one flat (FF) currently let at £400 pcm

Refer to Legal Pack

Email: lt@edwardsclegg.com
Telephone: 0115 922 4537

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