Next auction Thursday 17th April 2.30PM

19 Gedling Grove, Arboretum, Nottingham, NG7 4DU



Guide price

£365,000+


Property Type

Residential

Reception Rooms

1

Bedrooms

8

Bathrooms

3


Key Features

  • Freehold three storey eight bedroom HMO
  • Fully let and producing a rent of £49,920pa
  • An ideal asset management opportunity for investors

Part of the 17 April 2025 auction
Trent Bridge Cricket Ground at 2.30PM

An opportunity to acquire a freehold three storey eight bedroom student HMO property. A short walk to Nottingham Trent University and fully let producing a rent of £49,920pa

  • Freehold three storey eight bedroom HMO
  • Located in a sought after student area
  • Fully let & producing a rent of £49,9200pa
  • A 5 minute walk to Nottingham Trent University City campus
  • GF: Communal living room, Kitchen, Shower/WC & bedroom
  • LGF: Large basement ideal for storage etc
  • FF: 2 x shower rooms, 2 x W/C, 3 x bedrooms
  • SF: 4 further bedrooms, 1 to the rear and 3 front facing
  • Benefits from solar panels & battery
  • Excellent transport links, a short walk to NTU Tram Stop
  • 0.5 miles from the heart of Nottingham City Centre
  • Close to a variety of amenities: Shops, restaurants & bars
  • Permit holder parking provided along Gedling Drive
  • An ideal opportunity for investors

Contact Auction Estates on 0115 7844 600

Fees

A buyer's premium of £1,800 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

Refer to Legal Pack

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