Next auction Thursday 20th June 2.30PM

111-113 London Road, New Balderton, Newark, NG24 3AA



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Guide price

£150,000


Property Type

Residential

Bedrooms

5


Key Features

  • Freehold mid-terrace 5 bedroom property with full vacant possesion
  • Ideal opportunity to convert to 1 x 2 bedroom and 1 x 3 bedroom terraced houses
  • Located to the south of Newark Town Centre in a busy and popular residential area

Part of the 10 December 2020 auction
at 2.30PM

Freehold residential opportunity in the heart of Newark on the main London Road. Comprising a vacant 5 bedroom dwelling which can be converted to two separate dwellings (STP)

  • Freehold 5 bedroom mid-terrace residential dwelling
  • Located on Main London Road to South of Newark town centre
  • Great transport links being close to A1
  • Comprises 2 x terraced dwellings converted into one
  • GF left hand side property briefly comprises:
  • GFL - lounge, dining room, utility and wet room
  • GF right side property briefly comprises:
  • GFR - Lounge, reception room, shower room, w/c, kitchen/diner
  • FF left hand side property briefly comprises:
  • FFL - 3 x bedrooms and family bathroom
  • FF right hand side property briefly comprises:
  • FFR - 2 x bedrooms
  • The attic offers 2 rooms
  • The property is in need of full cosmetic refurbishment
  • Development opportunity to convert back to 2 x dwellings (STP)
  • Can provide 1 x 3 bed and 1 x 2 bed terraced houses
  • Off street parking available to front
  • Large landscaped garden to the rear
  • Property occupies a generous plot of circa 0.13 acres
  • Ideal opportunity for owner occupiers, investors and developers

Please contact Auction Estates on 0115 7844 600

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

D

Email: mm@bannerjones.co.uk
Telephone: 01623 6750800

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