Crown Building, 41 Lombard Street, Newark on Trent, Nottinghamshire, NG24 1EP
- PROPERTY TYPE
Apartment
- BEDROOMS
18
- 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
- Freehold Ground Rents secured against 18 flats producing a combined income of £2,700 pa
- Situated in the heart of Newark on Trent town centre.
- Ideal opportunity for investors
Description
For Sale by Public Auction on 20/06/2024 at Trent Bridge Cricket Ground
£15,000+
Freehold Ground Rents secured against 18 flats
Comprising a block of modern purpose built flats
Ample parking and circulation space to the rear
A short walk to St Marks Place Shopping Centre
Adjacent to Newark's Bus Station & Asda Supermarket
A 15 minute walk to Newark Train Station
Close to the new Travelodge Hotel
Producing a combined total Ground Rent of £2,700 pa
Ground Rent per flat £150 pa
An ideal long term strategic investment
Ideal opportunity for investors
Viewings
No viewings available
For further information please contact Auction Estates on
Brochures
Legal Documents- 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.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Crown Building, 41 Lombard Street, Newark on Trent, Nottinghamshire, NG24 1EP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Newark North Gate Station0.7 miles
- Newark Castle Station0.4 miles
- Rolleston Station3.7 miles
About the agent
Auction Estates is a dedicated Property Auction House specialising in the sale of all types of residential housing, commercial property, development land and specialist property investments.
Established by Paul Giles, a former Head of Savills Regional Auction Team with an indisputable track record for selling high volumes of property across the UK on behalf of Corporate bodies, charitable and public institutions, LPA Receivers as well as solicitors and private individuals with lot sizes
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 248408. 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 Auction Estates Limited, 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.
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 Auction Estates Limited, Nottingham on 0115 647 3213.
*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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