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109A Wharf Road, Pinxton NG16 6LH

Key features

  • Excellent investment property with great returns
  • Very popular residential area
  • Excellent local amenities and road links
  • Two double bedrooms
  • Large modern kitchen

Description

This property remains available and open to offers following the auction on 25 April 2024.
Please contact the auctioneers on for further details.

A large apartment benefiting from parking and a garden.

Comprising of entrance hallway, large lounge, modern kitchen, two double bedrooms and family shower room.

Externally is a parking area to the rear along with a lawned garden and summer house.

An excellent investment with a potential rental income of £700 pcm representing a yield of 16.8% based on guide price.

Excellent transport links to the M1 Jct 28 which is less than a mile away along with the A38 to Derby & surrounding areas. Alfreton Rail station is easily accessible as is the high street in Alfreton which boasts well stocked shops, eateries & pubs. There are good Primary & Secondary Schools close by & some really lovely country walks in Pinxton village.

109 Wharf Road is available for sale as a separate lot.

Additional Information
Parking Arrangements: Parking to the rear
Water: Mains
Electric: Mains
Sewerage: Mains
Heating: Mains gas
Building construction: Solid brick
Flood Risk: Very low
Broadband: Standard and Superfast
Mobile Signal: O2, EE, Three and Vodafone
Satellite and Cable TV Availability: BT, Sky and Virgin

Entrance hallway
Lounge - 4.85m x 2.87m
Kitchen - 3.66m x 3.35m
Bedroom one - 5.79m x 2.44m
Bedroom two - 4.88m x 3.05m
Shower room - 3.66m x 0.91m
Off street parking
Lawned garden with summer house
Draft Sales Details These sales details are awaiting vendor approval.
Leasehold Information Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Tenure: Leasehold

EPC Rating: D

Terms:
Auction Details:

The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of £1,500 inc. VAT

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve Price:

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

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.

£0

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.

124 years left

Energy performance certificate - ask agent

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: A

109A Wharf Road, Pinxton NG16 6LH

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Alfreton Station2.4 miles
  • Kirkby in Ashfield Station2.7 miles
  • Sutton Parkway Station3.4 miles
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About the agent

SDL Property Auctions, Nationwide

17 Regan Way Toton Nottingham NG9 6RZ

SDL Property Auctions, Nationwide

At SDL Property Auctions, our award-winning team, sells a wide range of residential and commercial properties across the length and breadth of the UK, for both private individuals and corporate clients. Our lots range from investment properties, vacant houses, building plots, commercial and mixed-use buildings and more.

With a commitment to speed, simplicity and certainty, SDL Property Auctions offers customers the fastest, simplest and safest way to buy or sell residential and commerci

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Disclaimer - Property reference 202402281407sq_rj8f. 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 SDL Property Auctions, Nationwide. 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 SDL Property Auctions, Nationwide on 08000 465454.

*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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