Nottingham, Nottinghamshire

**For Sale by Online Auction, subject to sale prior**
Three storey period Victorian end of terrace building with 7 room HMO situated in the sought after residential area of Mapperley.


Location
Woodborough Road is a significant thoroughfare in Nottingham, extending from the city centre to Mapperley Plains, approximately three miles away.

The property sits in a great location, close to the City Centre and set high on the hill providing great views. Bus routes run regularly to both the City Centre and Mapperley Top giving great choice of amenities, including shops bars and restaurants.

Overall, Woodborough Road encapsulates a blend of historical significance, architectural interest, and community amenities, reflecting the evolving character of Nottingham.

Description
Three storey period Victorian end of terrace building.
• Established spacious, fully occiupied, 7 Room HMO.
• Generating £43,400 per annum.
• Situated in the sought after residential area of Mapperley.
• Located 1.79 miles Northeast of Nottingham city centre.
• Excellent transport links to the city centre & surrounding areas.
• Additional garage space providing further development potential, subject to planning.
• Close to a variety of shops, restaurants, bars and leisure.
• Situated off the busy Woodborough Road.
• On a busy bus route with buses in and out of the city.
• On road parking available.
• Garden to the front elevation of the property.
• Ideal for investors/landlords.

Important Notices
This property is available for sale by online auction. Interested buyers will need to register in advance and complete an ID Verifcation before being able to place a bid. There is no charge for registering. Buyers should allow sufficient time to complete this process before the time period expires. Full details can be found on Fisher German’s online auction page www. fishergerman.co.uk/current-auctions.

Guide Price
£390,000
For sale by online auction (subject to sale prior, reserve and conditions).

Title
NT23554.

Finance Your Purchase
If you require advice on how to finance a purchase through Auction, please go to our trusted partners, or ask our team for further details.

Legal Pack
A legal pack and any special conditions will be available on Fisher German’s online auction page and interested parties will need to register before accessing the legal documents. It is the responsibility of a prospective buyer to make all necessary enquiries prior to the auction.

Conditions of Sale
The property will, unless previously withdrawn, be sold subject to common auction conditions and special conditions of each sale may be found in the legal documents section of the Fisher German online auction Page.

Each buyer shall be deemed to have notice of each condition and all the terms thereof and to bid on those terms whether they shall have inspected the said conditions or not.

Completion
Completion will take place 20 working days after exchange of contracts, unless otherwise varied and specified in the legal pack.

Buyers Fees
The purchase of this property is subject to a combined buyer and admin fee of £5,760 including VAT (£3,960 + £1,800) as stated on the auction listing. These fees will be automatically collected at the end of the auction from the registered payment card. The buyer will also be required to reimburse the search fees of £500.

Deposit
The balance of the 10% deposit shall be transferred by the buyer to their solicitor for onward transmission by 12 noon the following working day to the seller’s lawyer. It is therefore essential that you instruct your solicitor ahead of the auction.

Council Tax
C.

Tenure
Freehold subject to existing tenancies.

Legal Costs
Each party to bear their own legal costs in respect of this transaction excluding the cost for searches.

Services
We understand that mains services are connected to the building including electric, water and mains drainage. We confirm we have not tested any of the service installations and any occupiers must satisfy themselves as to the state and condition of such items.

EPC
D 59

Fixtures & Fittings
Any fixtures and fittings not expressly mentioned within these particulars are included in the sale.

Anti Money Laundering
The successful purchaser will be required to submit information to comply with Anti Money Laundering Regulations.

VAT
VAT is not chargeable in respect of this transaction.