238 Alfreton Road, Nottingham, NG7 3PE
£195,000+
Residential
5
Key Features
- Freehold 5 bedroom student investment opportunity
- Fully let for 2019/20 academic year at £23,750 pa gross
- Close to Nottingham Trent University and the city centre
Part of the
12 December 2019
auction
Nottingham Racecourse
at
2.30PM
Freehold five bedroom fully let student investment opportunity close to Nottingham Trent University producing a gross rental income of £23,750 pa
- Freehold student investment opportunity
- Close to Nottingham Trent University and the city centre
- Arranged over 4 floors & basement
- Refurbished throughout in 2019
- Provides 5 student bedrooms
- Basement: Kitchen, store & cinema room
- GF: Living room, bathroom & laundry rom
- FF: 2 x bedrooms & bathroom
- SF: 2 x bedrooms & bathroom
- TF: Bedroom
- Floor plans of the layout are available upon request
- Fully let for 2019/20 academic year at £23,750 pa gross
- Grade II listed building
- Ideal opportunity for investors
FINAL viewing date: Tuesday 3rd December at 11.15am
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 entire property being let for the 2019/20 academic year at a rent of £95 per person per week on a 50 week contract producing £23,750 per annum equivalent. Lettings inclusive of all bills.
D
Email: ed.cursham@knightsplc.com
Telephone: 0115 947 1512