Next auction Thursday 25th April 2.30PM

15A, B & C Worth Street, Carlton, Nottingham, NG4 1RX



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Guide price

£100,000 - £125,000


Property Type

Mixed Use

Bedrooms

3


Key Features

  • Mixed use investment property
  • 2 bedroom flat, 1 bedroom flat & office unit
  • ERV of approx £16,000 - £18,000 when fully let & refurbished

Part of the 13 December 2018 auction
Nottingham Racecourse at 2.30PM

A mixed use investment property comprising a two bed flat, self contained 1 bed flat (both over 2 floors) & large rear workshop. ERV when fully let/refurbished circa £16,000 to £18,000 per annum.

  • 2 bed flat (15A): kitchen, lounge & diner at ground floor
  • FF: 2 double bedrooms & large bathroom
  • Previously let at £575 PCM
  • 2 bed flat circa 823 sq ft
  • EPC: F
  • 1 bed flat (15B): kitchen, bedroom, shower/WC at ground floor
  • FF: spacious open plan lounge with exposed beams
  • Previously let at £350 PCM
  • 1 bed flat circa 522 sq ft
  • EPC: TBC
  • 15C provides offices, stores & WC
  • Rear offices circa 836 sq ft
  • Access from Worth Street to central courtyard
  • EPC: TBC
  • Would benefit from refurbishment & general upgrade
  • Potentially high yielding investment when fully let
  • Close to Tesco & Carlton Square precinct

Further viewing arranged: Thursday 20th December at 3.00pm. Please arrive promptly for the viewing time.

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 with vacant possession

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