Next auction Thursday 15th August 2.30PM

108 & 108A Victoria Road, Netherfield, Nottingham, NG4 2HH



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Guide price

£100,000+


Property Type

Residential

Bedrooms

2


Key Features

  • Freehold mid-terrace residential investment property comprising two self contained flats
  • Fully let and producing £12,600 per annum
  • Ideal high yielding investment opportunity

Part of the 27 April 2023 auction
The Nottingham Racecourse at 2.30PM

Freehold mid-terrace residential investment property comprising two self contained flats, fully let and producing £12,600 per annum

  • Occupying a prominent position fronting Victoria Road in Netherfield
  • Opposite Hawk Cycles (formerly Graham Read Cycles)
  • A short distance from Victoria Retail Park, Costa, Nando's, M&S etc
  • Within walking distance of Netherfield high street, shops, schools, etc
  • Three miles from Nottingham City Centre, off the Loop Road
  • Morrisons, Lidl, Sainsburys, Co-op & M&S food stores all close by
  • Comprising two self-contained one bedroom flats
  • Ground Floor Flat: kitchen, living room, bathroom & bedroom
  • Internal stairs to First Floor Flat
  • First Floor Flat: kitchen, living room, bathroom & bedroom
  • Popular and established rental location
  • Ideal high yielding investment opportunity
  • Not yet inspected by Auction Estates

Contact Auction Estates on 0115 7844600

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 existing AST agreements. Ground floor flat let at £500 pcm First floor flat let at £550 pcm

Refer to Legal Pack

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

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