Next auction Thursday 17th October 2.30PM

1,2,3 Toothill Road, Mansfield, Nottinghamshire, NG18 1NW



Sold
£221,000
Sold
£221,000
Sold
£221,000
Sold
£221,000
Sold
£221,000
Guide price

£150,000 - £175,000


Property Type

Residential

Bedrooms

6


Key Features

  • Residential investment in Mansfield town centre
  • Comprising three story property with 6 self contained flats
  • Fully let on 6 month AST's producing £23,520 pa gross
  • UPVC windows throughout

Part of the 27 September 2017 auction
Nottingham Racecourse at 2.30PM

A three storey residential investment property with 6 self-contained one bedroom flats, fully let and producing income of £23,520 pa gross

  • * Residential investment in Mansfield town centre * Located off Toothill Lane with good transport links * Comprising three story property with 6 self contained flats * The ground floor comprises two one bedroom flats (lounge, kitchen, bathroom) * The first floor comprises two one bedroom flats (lounge, kitchen, bathroom) * The second floor comprises two one bedroom flats (lounge, kitchen, bathroom) * The ground floor flats benefit from rear yards * UPVC windows throughout

Please contact Auction Estates 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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 residential investment property comprising 6 self contained one bed flats over three floors, fully let and producing £23,520 pa gross

Email: peter.sutherland@larken.co.uk
Telephone: 01636 703 333

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