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4 bedroom block of apartments for sale

85 St Stephen s Road, Nottingham, Nottinghamshire

Removed £100,000

Property Description

Key features

  • For sale by auction
  • Investment Freehold Building
  • Bedrooms: 4

Full description

Tenure: Freehold

Lot 202 - This lot is for sale by auction as lot 202 on 14th December 2017.

A Freehold Three Storey Mid Terrace Licenced HMO Building. Arranged to provide Four Bedsitting Rooms. Each subject to an Assured Shorthold Tenancy


Total Current Rent Reserved


£15,072 per annum (equivalent)


Tenure
Freehold.

Location
The property is situated on the north side of St Stephen's Road, to the east of its junction with Lees Hill Street. Local shops and amenities are available directly to the east, with the extensive facilities of Nottingham city centre being accessible approximately 1.3 miles to the north-west. Local bus routes run to the south-west along Sneinton Hermitage. Rail services run from Nottingham Station to the west. The A6011 (Radcliffe Road) is to the south and provides access to the A52 and in turn the M1 Motorway. The open spaces of Green's Mill Park are directly to the north.

Description
The property comprises a mid terrace building arranged over ground, first and second floors beneath a pitched roof. The property is internally arranged to provide four bedsitting rooms. The property benefits from an HMO licence. There is a rear yard.

Accommodation
Basement - StorageGround Floor - Reception Room, Bedsitting room, KitchenFirst Floor - Bedsitting Room, Bathroom with WC and wash basin, StudySecond Floor - Two Bedsitting Rooms

Tenancy
Please refer to the Schedule below.

Seller's Solicitor

Messrs Mayo Wynne Baxter LLP (Ref Elizabeth Philp). Tel 01273 407430.Email ephilp@mayowynnebaxter.co.uk

To View

The property will open for viewing on Monday 4th December between 4.00 - 4.30 p.m. These are open viewing times with no need to register. (Ref MW).

Guide Prices. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell on the date on which the guide price, or range of prices, is published. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide price, or range of prices, are displayed on our website. The latest published guide, or range of prices, will normally be at or above any reserve price. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may fix the final reserve price just before bidding commences. If a guide price is listed as 'TBA', it means that there is no guide price at present - please do not call our office. The guide price, or range of prices, will be published online immediately it becomes available at www.auction.co.uk. Please check regularly for updates. Lots may be sold or withdrawn prior to auction.


Listing History

Added on Rightmove:
25 November 2017

Map & Street View

Disclaimer - Property reference 1031000210. 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 Allsop , Auction. 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.

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*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 Allsop , Auction on 0207 494 3686.


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