Next auction Thursday 12th December 2.30PM

77 & 77A Victoria Road, Netherfield, Nottingham, NG4 2NN



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Guide price

£95,000+


Property Type

Residential

Bedrooms

3


Key Features

  • Freehold three storey property providing 2 x flats
  • Combined annual income of £11,491.84 (includes water charges)
  • Ideal opportunity for investors

Part of the 18 August 2022 auction
The Nottingham Racecourse at 2.30PM

Freehold three storey property comprising ground floor 1 bed flat (let) and first and second floor flat (let). Total annual income £11,491.84 (includes water charges)

  • Freehold three storey property providing 2 x flats
  • Flat 77 - spacious 1 bed ground floor flat
  • Lobby, lounge, double bedroom, shower room, kitchen
  • Flat 77 let and producing £5,100 (includes water charge)
  • Flat 77a - 2 bedroom flat over ground, first and second floors
  • GF - Lobby, entrance, storage area, stairs to upper floors
  • FF - Lounge, kitchen, double bedroom, shower room
  • SF - Spacious double bedroom
  • Flat 77a let and producing £6,391.84 (includes water charge)
  • Yard and garage to the rear
  • Water charges from 2018-2019 were £582.05 for both flats
  • Situated within the retail centre of Netherfield
  • A short distance from Victoria Retail Park
  • Within easy reach of Nottingham City Centre

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 the occupational tenancies of both flats with a combined annual income of £11,491.84 (includes water charges)

Refer to Legal Pack

Email: holliewatkins@bannerjones.co.uk
Telephone: 01623 675800

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