668 B, C, D Woodborough Road, Nottingham, NG3 5FS
£150,000+
Residential
2
Key Features
- Three storey residential investment property
- Fully let at producing a combined income of £18,900 pa
- 2 x one bed flats and 1 x two bed flat plus 2 commercial garages beneath
Part of the
14 December 2017
auction
Nottingham Racecourse
at
2.30PM
A three storey residential investment property comprising 1 x two bed and 2 x one bed flats plus commercial garages beneath. Fully let and producing £18,900 per annum.
- Occupying a prominent position on Woodborough Road
- A short distance from Nottingham City Centre
- Close to Aldi supermarket and a wide range of amenities
- Regular bus routes along Woodborough Road in/out of the city
- Close to Walter Hills Primary school & Nottingham Academy
- Comprising 3 flats in total and lower ground floor garages
- Flat B: 2 bedroom flat let at £500 PCM (£6,000 pa) EPC: E
- Flat C: 1 bedroom flat let at £325 PCM (£3,900 pa) EPC: D
- Flat D: 1 bedroom flat let at £350 PCM (£4,200 pa) EPC: C
- 2 commercial Garages let at £400 PCM (£4,800 pa)
- Garages approx. 847 sq ft in total in two days
- Fully let and producing a combined income of £18,900 pa
FINAL VIEWING DATE: THURSDAY 7TH DECEMBER AT 11.45-12.00PM.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 occupational tenancies.
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Telephone: 0115 9304 994