Listed for £230,000
November 28, 2024
Sold for £35,000
2010
BEING SOLD BY TRADITIONAL AUCTION +
HMO - TENANTS IN SITU +
FOUR BEDROOMS +
TWO EN SUIT BATHROOMS +
SHOWER ROOM & SEPARATE WC +
LARGE MODERN KITCHEN DINER +
AUCTION DATE 17TH DECEMBER 2024 +
SUMMARY
INVESTORS ALERT* FOUR BED SEMI DETACHED HOUSE WITH TENANTS IN SITU, Being sold by traditional auction on the 17th December 2024. Call now to book your viewing.
DESCRIPTION
*INVESTORS ALERT FOUR BED SEMI DETACHED HOUSE WITH TENANTS IN SITU* being sold by Traditional auction on the 17th December 2024.
A four bedroom let, bay fronted, semi detached property located a short distance/walking distance from Nottingham city centre. The property has operated as a good buy to let investment for the current owner over recent years. Comprising an entrance hall, bedroom, kitchen/diner, shower room and WC to the ground floor. Two bedrooms (one with an en-suite bathroom) to the first floor, and a bedroom with an en-suite bathroom to the second floor. Externally, there is a paved courtyard to the rear and there is on street permit parking available. At full capacity and achieving the current market rate, the property has the potential to generate an income of around £26,000-£28,000 p/a. This is an opportunity to purchase a very good buy to let investment in an area that is popular with professionals and students.
BEING SOLD BY TRADITIONAL AUCTION DATE: TUESDAY 17TH DECEMBER 2024
Entrance Hallway
Kitchen Diner
Utility Room
With washer and dryer
Downstairs Wc
Downstairs Shower Room
Bedroom Four 11' 11" x 12' 1" ( 3.63m x 3.68m )
Bedroom Three 14' 4" x 11' 11" ( 4.37m x 3.63m )
Bedroom Two 11' 10" x 12' 8" ( 3.61m x 3.86m )
En suite bathroom
Bedroom One 12' 6" x 16' 3" ( 3.81m x 4.95m )
En Suite Shower Room
Conditions Of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendor's solicitors seven days prior to sale and the purchaser shall be deemed to have knowledge of the same whether inspected or not. Any questions relating to them must be raised prior to the auction. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.
Health & Safety Advice
Whilst the auctioneers make every effort to ensure the safety and security of viewers at lots, we have not carried out a detailed Health & Safety inspection of the lots in our auction and cannot therefore guarantee the safety and security of viewers. All persons attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds, outbuildings and boundaries. All unaccompanied inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers' risk
Guide And Reserve Prices
: An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Note
The auctioneers offer four ways to bid including internet, telephone, proxy, and live room bidding. Prospective purchasers will need to register to bid and pay a holding deposit before the sale commences by registering at Barnard Marcus Auctions website. We do not take credit card or cash deposits. The sale of each lot is subject to a documentation charge of £1,500 (including vat) payable on the fall of the hammer.
Guidance notes are set out in the catalogue in relation to auction lots, particularly from a purchasing perspective.
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
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