Next auction Thursday 25th April 2.30PM

7 Lanchester Gardens, Worksop, S80 2PN

Guide price


Property Type




Key Features

  • Long Leasehold 1 bedroom flat a short walk from Worksop town centre
  • Benefits from 1 designated parking space
  • Recently refurbished to high standard

Part of the 20 October 2022 auction
The Nottingham Racecourse at 2.30PM

Long Leasehold 1 bedroom flat within Lanchester Gardens to the south east of Worksop town centre and close to Dukeries Business Centre. Let on AST at £450 pcm (working professional), potential of 10% gross yield.

  • Long leasehold 1 bedroom flat
  • Situated a short walk from Worksop town centre
  • Close to major employers: Wickes and B&Q Distribution Hubs
  • Glencore Food, Bassetlaw Hospital & Manufacturing hubs
  • Train station close by to major cities, new road links
  • Main Building has had £200k spent on it and communal area
  • Benefitted from a complete re-roofing programme
  • Secure intercom access to communal areas
  • 15 hour per week Caretaker for site management/cleaning
  • Entrance hall, family shower room, double bedroom
  • Living room/diner and fully fitted kitchen
  • Electric storage heaters throughout
  • Benefits from 1 allocated parking space
  • Offered with vacant possession
  • Recently refurbished to a high standard
  • Ground rent of £150 pa
  • Service charge of £850 pa
  • Building Management via an RTM, buyer will become a member

Please contact Auction Estates on 0115 7844 600


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 999 years from 2004 Let on AST at £450 pcm (working professional), potential of 10% gross yield. Ground Rent - £150 pa Service Charge - £895 pa


Telephone: 0115 851 1666

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