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15 Gedling Grove, Nottingham, NG7 4DU

Guide Price
£200,000
Added on 17/11/2021
Nottingham Property Plus, Nottingham
PROPERTY TYPE
End of Terrace
BEDROOMS
×3
BATHROOMS
×3
SIZE
1,981 sq. ft.
(184 sq. m.)

Key features

  • A Late Victorian semi-detached house with approx. 184m² (1981 sq ft) of accommodation.
  • 3 x 1 Bedroom Flats
  • Renovation Opportunity
  • Property being sold via a 999 year lease interest
  • Quiet Cul-de-sac location
  • Close to Nottingham City Centre
  • Closing date for offers is 12pm on Wednesday 15th December 2021

Property description

Tenure: Leasehold, 999 years remaining

Summary

A late Victorian solid brick and slate, three-storey semi-detached property comprising three spacious and independently accessed self-contained one bedroom flats. The property requires modernising throughout but offers a fantastic opportunity in one of Nottingham's most vibrant and 'up and coming' re-development areas.

The property is within walking distance of the NET Tramline, Nottingham High School, and University and Nottingham City Centre is just 1.1 miles to the south of the property.

Property Description

Access is gained to the front of the property via an open fronted storm porch. The communal front door leads through into an internal entrance corridor where stairs rise to first floor level. The property consists of the following accommodation:

Ground floor level- 63.1 m² (680 sq ft)* - A one-bedroom self-contained flat consisting of a reception room with bay window overlooking the front aspect of the property, a bathroom, a kitchen and a double bedroom to the rear of the property.

First floor level - 54.5 m² (587 sq ft)* - A self-contained one bedroom flat consisting of a central corridor leading to a reception room with bay window overlooking the front aspect of the property, a spacious double bedroom, a kitchen and a bathroom.

Second floor level - 66.3 m² (714 sq ft)* - A self-contained one bedroom flat consisting of a central corridor leading to a reception room with window overlooking the front aspect of the property, a spacious double bedroom, a kitchen and a bathroom.

Outside Areas

Pedestrian access and garden area to the front and walled garden to the rear.

Location

Located to the West of the Arboretum Park the property is ideally positioned close to Nottingham High School, Nottingham Trent University. Nottingham City Centre and associated shops and restaurants are just 0.5 miles to the south. The property is just a 5 minute walk from the NET Tram stop and also has fantastic road and public transport links to the wider City, ring road and M1 motorway.

Planning Policy

Nottingham is an Article 4 Direction Area and the immediate vicinity of Gedling Grove is designated as an area of Archaeological Constraint under the Local Plan. The property is not listed but is within a conservation area. The effect of these various allocations is that the Planning Authority will be more strict in their consideration of any works or additions to be undertaken to the property, and use as a multi-let/bed sit accommodation will not be permitted (such uses will be restricted within the lease in any case - further explained below).
Tenure

The property is located within the Council's 'Multiple Occupation Restraint' area (also applied to other areas of the City) and is not to be redeveloped for student accommodation.
With a view to supporting the regeneration vision of balancing the tenure and occupier mix in the Arboretum Area to improve the quality and duration of occupation by households, a 999 year ('virtual freehold') interest will be sold.

This will include a covenant limiting its use to RESIDENTIAL USE ONLY by single occupiers or persons living together, as a family, within the individual units. The Purchaser is to undertake the attached comprehensive scheme of works within 12 months of completion of the property transfer.

Method of Sale

The site is to be sold by Informal Tender. Your offer and supporting information should be presented in the following format by:

12pm on Wednesday 15th December 2021

Offers should be made in full by the closing date and time and emailed to:

SEE BROCHURE

The email must be titled:

OFFER: 15 GEDLING GROVE

and must include the following information:

Details of the proposed use and details of development proposals including detail of proposed layout , number of flats and bed spaces.

Name and address of the purchaser, with a summary of track record

Proof of funds available for the purchase and any proposed redevelopment
Solicitors details

Note - The Council is not bound to accept the highest or any offer.

Costs

In addition to the purchase price an additional charge of 3% of the sale price will be charged on completion by the vendors as a contribution to the costs involved in the selling of the property.

Price

Guide Price £200,000

Viewing

Strictly by prior appointment with Nottingham City Council. Viewing can be arranged by emailing:

SEE BROCHURE

Information Pack available on request:
Schedule of Works
Example Lease
Energy Performance Certificates
Arboretum Vision Document

Brochures

BrochureWorks ScheduleOur Vison
Energy Performance Certificates

15 Gedling Grove, Nottingham, NG7 4DU

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • High School Tram Stop0.1 miles
  • The Forest Tram Stop0.3 miles
  • Nottingham Trent University Tram Stop0.4 miles
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About the agent

Nottingham Property Plus, Nottingham

Loxley House, Station Street, Nottingham, NG2 3NG

Property Plus is the trading name for Nottingham City Council’s Strategic Assets and Property Directorate. Property Plus manage and let the Council’s largest commercial portfolio and sell and let surplus operational property assets - a vast variety of property types! If you’re looking to rent or buy in Nottingham, Property Plus should always be your first port of call”

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Disclaimer - Property reference 15GedlingGrove. 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 Nottingham Property Plus, Nottingham. 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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