19 Gedling Grove, Arboretum, Nottingham, NG7 4DU
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£365,000+
Residential
1
8
3
Key Features
- Freehold three storey eight bedroom HMO
- Fully let and producing a rent of £49,920 pa
- 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 £49,920 pa
- Freehold three storey eight bedroom HMO
- Located in a sought after student area
- Fully let & producing a rent of £49,920 pa
- A 5 minute walk to Nottingham Trent University City campus
- 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
- GF: Communal living room, Kitchen, Shower/WC & bedroom
- FF: 2 x shower rooms, 2 x W/C, 3 x bedrooms
- SF: 4 further bedrooms, 1 to the rear and 3 front-facing
- LGF: Large basement ideal for storage etc
- Benefits from solar panels & battery
- This property has a Certificate of Lawfulness
- 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