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5 bedroom flat for sale

Alfreton Road, Nottingham, Nottinghamshire, NG7

Sold STC £100,000

Property Description

Full description

Tenure: Leasehold

For Sale By Public Auction on 15th December 2016 (unless sold prior)

Guide Price: 100,000 - 120,000

Tenure
Leasehold, on a 125 year lease from 2007 with a
ground rent of 125 per annum.
At the time of going to print, the property is subject to
three Assured Shorthold Tenancies with a present
annual rental income of 12,480

Description
An excellent investment opportunity to acquire a
potentially high yielding ground floor flat with a
potential income of some 21,000 per annum when
fully let
Each room is let on an inclusive basis at 80 per
week
Additional to the five bedrooms are two shower
rooms, a kitchen and communal lounge

Solicitors
Primus Property Lawyers
Foxhall Lodge, Foxhall Road, Nottingham NG7 6LH
For the attention of: Zarina Zeb.
Tel: 0115 845 6565.

EPC Rating
C

Viewings
Friday and Sunday 1.45 pm

Note
At the time of going to print, the property had not been
inspected by a member of Savills the Auctioneers staff.

Ref: RWC


Listing History

Added on Rightmove:
23 November 2016

Map & Street View

Disclaimer - Property reference FLAT155ALFRETONROAD. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Nottingham Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills, Nottingham Auctions on 0115 934 8080.


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