Flats 1 to 4 & Garage Block, 5 Meadow Road, Beeston, Nottinghamshire, NG9 1JN
£295,000+
Investment
4
Key Features
- A substantial freehold property comprising 4 spacious self contained 1 bed flats and a block of 4 garages close to Beeston town centre,
- Fully let and producing £35,100 pa
- An Ideal Investment Opportunity
Part of the
17 August 2023
auction
The Nottingham Racecourse
at
2.30PM
An opportunity to acquire a substantial freehold property comprising 4 spacious self contained 1 bed flats and a block of 4 garages close to Beeston town centre, fully let and producing £35,100 pa
- At the junction of Meadow Road & Lilac Grove
- Close to Beeston Train Station (Kings Cross - 3hrs)
- A short walk into Beeston town centre
- University of Nottingham & QMC close by
- The NET tram serves Beeston, Nottingham City
- Comprising 4 x spacious one bedroom flats
- Each flat has its own self contained access
- Lounge, kitchen, bedroom and bathroom to each
- Rear yard area with outbuilding
- Includes a block of 4 garages (1 tandem)
- Off-street parking
- An ideal investment opportunity
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 tenancy agreements. The flats and garages are fully let with a total current rent reserved of £35,100 pa). See legal pack for full details
Refer to Legal Pack
Email: conveyancing@edwards-solicitors.com
Telephone: