Next auction Thursday 25th April 2.30PM

30 Nottingham Road, Nottingham, NG7 7AE



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Guide price

£350,000+


Property Type

Residential

Bedrooms

6


Key Features

  • An opportunity to acquire a substantial freehold three storey semi-detached 6 bedroom HMO property
  • Fully let and producing £48,360 pax

Part of the 22 June 2023 auction
The Nottingham Racecourse at 2.30PM

An opportunity to acquire a substantial freehold three storey semi-detached 6 bedroom HMO property located in the heart of New Basford. Fully let and producing £48,360 pax

  • Freehold three storey semi detached 6 bedroom house
  • Located off Nottingham Road (B862)
  • Situated 1.5 miles North of Nottingham City Centre
  • Excellent transport links to the city centre & surrounding areas
  • Close to variety of local amenities: Pubs, shops & restaurants
  • Approx 1 mile from Nottingham Trent University
  • A short walk to The Forest Tram Stop
  • GF: Kitchen/dining, lounge & 2 x double bedrooms
  • FF: 2 x Double bedrooms with ensuites, shower room
  • SF: Double bedroom with ensuite, double bedroom
  • Benefits from being newly renovated
  • On street parking available
  • Property has a certificate of lawfulness for C4 use
  • Double glazed windows throughout
  • Courtyard to the rear
  • An ideal opportunity for investors

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 existing tenancy producing a rent at £48,360 pax (Inclusive of bills - Gas, water, electric & broadband - £21 pppw allowance made for bills with fair usage policy)

Refer to Legal Pack

Email: ruth.thoms@shma.co.uk
Telephone: 01162545454

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