31A Burns Street & 2 Tennyson Street, Nottingham, NG7 4DS
£260,000
Residential
4
4
4
Key Features
- An opportunity to acquire a virtual freehold (999 year long leasehold) for a pair of three-storey semi-detached properties
- To include three vacant self-contained one-bedroom flats on Burns Street and an additional vacant one-bedroom flat on Tennyson Street
- Situated in the heart of the Arboretum, a short walk from Nottingham Trent University City Campus.
Part of the
26 February 2026
auction
Nottingham Racecourse
at
2.30PM
An opportunity to acquire a virtual freehold (999 year long leasehold) for a pair of three-storey semi-detached properties, to include three vacant self-contained one-bedroom flats on Burns Street and an additional vacant one-bedroom flat on Tennyson Street. Situated in the heart of the Arboretum, a short walk from Nottingham Trent University City Campus.
- Long leasehold (virtual freehold) of two three-storey properties
- Comprising a combined 6 x 1-bed flats
- 2 x flats in 2 Tennyson Street are subject to Long Leaseholds
- Set within a well-established residential neighbourhood
- Positioned in the centre of the Arboretum
- Just a short walk to shops, eateries and pubs
- Excellent transport links, 2 minutes' walk from Tram services
- A 5-minute walk to Nottingham Trent University City campus
- 31A Burns Street:
- GF Flat: Private entrance, kitchen, lounge, bedroom & bathroom
- FF Flat: Kitchen, lounge, bedroom, study & bathroom
- SF Flat: Kitchen, lounge, bedroom & bathroom
- Benefits from a yard to the side, providing off-street parking
- Permit holder parking available along Burns Street
- 2 Tennyson Street
- FF Flat: Kitchen, lounge, bedroom & bathroom
- GF + SF Flats subject to Long Leaseholds each with a term of 125 years at a peppercorn rent from 29.09.1988 (both expiring 2113), image with highlighted green reflects the long leases
- Benefits from a rear garden area
- Both properties need refurbishment throughout
- An ideal opportunity for investors
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.
Offered for sale on a 999-year long leasehold (virtual freehold).
