Main Street, Newthorpe, Nottingham, Nottinghamshire, NG16 2ET

- BEDROOMS
2
- BATHROOMS
2
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Immediate 'exchange of contracts' available
- Investment Opportunity
- Two One Bedroom Flats
- Gas Central Heating
- Double Glazing
Description
An opportunity has arisen to purchase this investment property on Main Street Newthorpe, the building has been converted into two, one bedroom flats. Both properties are double glazed and gas centrally heated with the accommodation comprising of a ground floor flat having access to the front which leads to the lounge and open plan kitchen, bedroom to the rear with bathroom. French doors off the bedroom lead to the enclosed garden. The first floor flat has a private access to the rear with staircase leading to the first floor landing, off the landing there is access to the lounge, kitchen, bedroom and bathroom. Outside there is an enclosed garden. The property is fully occupied and has an income of £14,820 Per annum.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price / Starting Bid.
These prices are subject to change.
Council Tax Band: A
Tenure: Freehold
Ground Floor Flat Lounge/Diner/Kitchen
6.22m x 4.55m
Door to the front elevation and double glazed window to the front elevation. Open plan living with the lounge/diner and re fitted kitchen. Central heating radiator. The kitchen area comprises of a sink unit with mixer taps and side drainer, set into work surfaces, a range of base and wall units, built in oven hob and extractor hood, space for fridge freezer and plumbing for automatic washing machine. Door leading to the bedroom.
Bedroom
3.89m x 3.12m
Double glazed French door leading to the rear garden. Walk in wardrobe. Central heating radiator. Access to the bathroom.
Bathroom
3.89m x 3.12m
Double glazed frosted window to the side elevation, white three piece suite comprising of panelled bath with shower over, pedestal wash hand basin and low flush wc. Tiling to the walls. Chrome heated towel rail.
First Floor Flat Entrance
Having upvc door and staircase leading to the first floor landing.
Landing
Access given to the lounge, bedroom, kitchen and bathroom.
Lounge
3.33m x 3.12m
Double glazed window to the side elevation and central heating radiator.
Kitchen
3.05m x 3.05m
Double glazed window to the rear elevation, the re fitted kitchen comprises of a one and half bowl sink unit with mixer taps and side drainer inset into roll edge work surfaces, a range of white high gloss base and wall units, built in oven , hob and extractor hood. Plumbing for automatic washing machine. Tiled splash back areas.
Bedroom 1
5.28m x 3.02m
Double glazed window to the front elevation and central heating radiator.
Bathroom 1
2.44m x 2.11m
White suite comprising of a panelled bath with shower over, pedestal wash hand basin and low flush wc. Tiling to the walls. Double glazed frosted window to the side elevation.
Garden
Garden to the rea of the property mainly laid to lawn. Brick outbuildings.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure AML procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price , Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
Brochures
Brochure- 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
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- On street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Main Street, Newthorpe, Nottingham, Nottinghamshire, NG16 2ET
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Visit our security centre to find out moreDisclaimer - Property reference 489996. 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 Pattinson Estate Agents, 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.
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 Pattinson Estate Agents, Auction on 0191 625 0242.
*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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