Next auction Thursday 20th February 2.30PM

Peach Trees Apartments, Highlanders Hill, Mansfield, Nottinghamshire, NG18 4ZH



Sold
£31,000
Sold
£31,000
Sold
£31,000
Sold
£31,000
Sold
£31,000
Sold
£31,000
Sold
£31,000
Sold
£31,000
Guide price

£17,000+


Property Type

Investment

Bedrooms

19


Key Features

  • Freehold Ground Rents secured against 19 flats producing a combined income of £2,850 pa
  • Located to the South East of Mansfield town centre
  • An ideal long term strategic investment

Part of the 20 June 2024 auction
Trent Bridge Cricket Ground at 2.30PM

Freehold Ground Rents secured against 19 flats producing a combined income of £2,850 pa located to the South East of Mansfield town centre.

  • Freehold Ground Rents secured against 19 flats
  • Comprising a block of modern purpose built flats
  • Ample parking and circulation around the block
  • Situated in close proximity to Mansfield town centre
  • Circa 0.8 miles from Sherwood Oaks Business Park
  • Adjacent to the Forest Care Home
  • Excellent transport links to town centre and surrounding areas
  • Producing a combined total Ground Rent of £2,850 pa
  • Ground Rent per flat £150 pa
  • An ideal long term strategic investment
  • Ideal opportunity for speculative investors

Contact Auction Estates on 0115 7844 600

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, Auction Estates, and Vendors Solicitors 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 auction. Prospective Purchasers are advised to check with the auctioneers, Auction Estates, before the sale that the property is neither sold or withdrawn. The Purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Whilst Auction Estates make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of the properties in our auction and cannot therefore guarantee the safety and security of viewers. Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds, outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry to such sites is entirely at the viewers' risk.

Freehold Ground Rents secured against 19 flats producing an income of £2,850 pa. 19 flats on various Long Leases (Refer to Legal Pack)

Refer to Legal Pack

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