Lot - 426 Alfreton Road, Nottingham, NG7 5NG Auction Lot £125,000+ - Auction Estates

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Nottingham Racecourse


15 August 2019

426 Alfreton Road, Nottingham, NG7 5NG

Available Price: £125,000

4
Bedrooms
Unsold

Key Features

  • Freehold 4 bed HMO, 3 beds let, 1 bed vacant
  • ERV when fully let £14,400 per annum
  • Scope to increase to 5 bed, subject to licence
Draft Details Only

Freehold three storey residential investment property comprising four bed HMO (3 let, 1 vacant) with an ERV when fully let £14,400 pa

• Freehold mid-terrace 4 bedroom HMO
• Located to close to Nottingham City Centre
• Adjacent to Tesco Express and transport links to the city
• Scope to increase to 5 beds (STL)
• 3 bedrooms currently let at £300 pcm per room
• 1 bedroom currently vacant
• ERV when fully let with 4 bedrooms £14,400 pa
• GF: communal living room, dining room & kitchen
• FF: 2 x double bedrooms, communal bathroom
• SF: 2 x double bedrooms
• Basement accessed off dining room
• Ideal opportunity for investors and developers

Viewings

Please contact Auction Estates on 0115 7844 600

Important Notices

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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 tenancies of 3 bedrooms, 1 bed vacant

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