Oak Drive, Eastwood, Nottingham
- PROPERTY TYPE
- Sale by Modern Auction (T&Cs apply)
- Subject to an undisclosed Reserve Price
- Buyers fees apply
- Ready made investment
- Tennant in situ
- Long Lease
- Communal gardens
- Well kept
* * * ATTENTION INVESTORS * * * 1 bed ground floor flat * * * NO UPWARD CHAIN * * * close to Eastwood town centre * * * Viewing Essential * * *
A ready made investment with tennant in situ, this ground floor flat is a must view property. Oak drive in Eastwood is an ideal location and local to a wide range of amenities including shops, schools, bus routes and major road links. In brief the accommodation comprises of an entrance hallway with with access to all rooms, open plan lounge diner, fitted kitchen,one bedrooms and a bathroom. To the rear of the property there is a shared garden. The property also benefits from double glazing, gas central heating and use of the parking area. Viewings are essential.
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Accessed throught the front door allowing access to the rest of the property.
Situated to the rear elevation, the lounge has ample space and allows a dining area towards the rear along with sliding doors leading to the communal garden. Radiator and carpet flooring.
Situated to the rear elevation,with matching wall and base units with rolled edged counter tops, space for cooker and sink and drainer unit with mixer tap over, stlish spashbacks and a doble glazed window overlooking the communal garden.
Situated to the front of the property, this double bedroom has fitted wardrobes, radiator and carpet flooring with a double glazed window to the front elevation.
This three piece suite consists of a shower cubicle and shower, low flush W/C and wash hand basin, partly tiled walls and tiled flooring.
The outside of the property the groundfloor flat sits back from the road and has a communal rear garden which is laid to turf.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
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. These particulars do not constitute part or all of an offer or contract.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Potential buyers are advised to recheck the measurements before committing to any expense.
5. Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6. Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.
GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.
£10 per year (Ask agent about the review period)When and how often your ground rent will be reviewed.Read more about ground rent review period in our glossary page.
ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.
LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.
93 years left
Oak Drive, Eastwood, Nottingham
NEAREST STATIONSDistances are straight line measurements from the centre of the postcode
- Langley Mill Station0.8 miles
- Ilkeston Station2.5 miles
- Phoenix Park Tram Stop4.7 miles
About the agent
| Offering estate agency services in the East and West Midlands for over 40 years
We opened the doors to the first Burchell Edwards branch more than 40 years ago and have since gone on to become one of the most successful estate agents in the region. Our branches are operated by staff committed to providing you with a first-class, hassle free service.
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Disclaimer - Property reference EWD206128. 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 Burchell Edwards, Eastwood. 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.
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 Burchell Edwards, Eastwood on 01773 304177.
*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.
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