Get brand editions for SDL Auctions Graham Penny, Nottingham

2 bedroom terraced house for sale

10 Cowes Road, Grantham, Nottinghamshire NG31 7DP

Sold STC £75,000

Property Description

Key features

  • Two double bedroomed end terraced property
  • Upvc double glazed and gas centrally heated
  • Currently let on an AST producing 5,400 per annum with scope for significant rental increase
  • Excellent buy-to-let investment opportunity
  • EPC Rating: E

Full description

Sold at auction on Thursday 6th December 2018 at Nottingham Auction for £80,000.

Well equipped two double bedroomed end terraced property currently let at £5,400 per annum providing an excellent buy to let investment

DRAFT DETAILS
An excellent buy-to-let investment opportunity to acquire a well equipped two double bedroomed end terraced property, currently let on an AST producing £5,400 per annum and offering scope for a significant rental increase.

The well-proportioned living accommodation has the benefit of sealed unit upvc double glazing, gas central heating and consists of an entrance lobby with staircase to first floor, front sitting room, kitchen diner with built in appliances. To the first floor landing there are two genuine double bedrooms and a three piece bathroom suite with shower. Outside to the front there is a small foregarden, shared pedestrian access to the side leading to a good sized enclosed rear garden.

The property is situated in the context of an established and sought after residential location, surrounded by similar style properties and always popular with landlords, first-time buyers and young families.

Grantham is a very sought after town, offering an excellent range of amenities and positioned along the A52, being within commuting distance of the city of Nottingham and is also surrounded by some beautiful open countryside.

The accommodation comprises:


Ground Floor:


Entrance Lobby

Entered by door to front, tiled floor covering with staircase to first floor.


Front Sitting Room

11ft 4 x 10ft 5
With sealed unit double glazed window in upvc frame to front elevation and central heating radiator.


Kitchen Diner

11ft 5 x 11ft 5
With sealed unit double glazed window and door to rear. Fitted kitchen comprises a range of wall mounted cupboards with matching base units, drawers, preparation surface, stainless steel sink and drainer with mixer tap and splashback tiling. Integrated appliances comprising a stainless steel electric oven with hob, cooker hood, plumbing for washing machine, useful understairs storage cupboard, wall mounted Logic combination boiler, central heating radiator and built in cupboard.


First Floor:


Landing

With loft access.


Bedroom One

11ft 3 x 11ft 3
With sealed unit double glazed window in upvc frame to front elevation, built in wardrobe, central heating radiator.


Bedroom Two

11ft 2 x 9ft
With sealed unit double glazed window in upvc frame to rear elevation and central heating radiator.


Bathroom

8ft 1 x 5ft
With obscure sealed unit double glazed window in upvc frame to rear elevation. Three piece bathroom suite comprising a panelled bath with Triton shower unit over and shower screen, low level wc, pedestal wash hand basin, complementary tiling to the walls and central heating radiator.


Outside

To the front there is a small foregarden with shared pedestrian access. To the side there is a coal store and to the rear of the property there is an integral wc and a good sized enclosed garden with patio, being mainly lawned with flower beds and a range of specimen trees.

We feel there may be potential for an extension, subject to the usual planning consents.


Tenure
Freehold

Viewing Details

By arrangement with the auctioneer 0115 958 8702 or can be booked online www.sdlauctions.co.uk


Conditions of Sale

The Conditions of Sale (also known as the legal pack) will be available to download from our website, www.sdlauctions.co.uk, prior to the auction and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the auction. The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.


*Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of the Guide Price and the Reserve Price click here.


Energy Performance Certificates

EPCs can be viewed in full in the legal pack or from the lot information section of our website.


Unconditional Auction Method

Contracts are exchanged on the fall of the hammer and a 10% deposit will be taken from the highest bidder. This deposit will contribute towards the purchase price.

Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash or cheque deposits. Remote bidding facilities are also available.


Auction Fees

The sale of this lot is subject to a buyer’s administation fee of £1074 including VAT (unless otherwise stated in the important notices), payable on the fall of the hammer.

The purchase of this property may include associated fees not listed here. Any additional fees will be confirmed in the legal pack which can be downloaded from our website from the lot information section, or to find out more about any additional fees associated with this property please contact the auction office.



Listing History

Added on Rightmove:
06 November 2018

Nearest station

  • Grantham (0.7 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

SDL Auctions Graham Penny, Nottingham

9 Regan Way, Chetwynd Business Park, Chilwell, Nottingham, NG9 6RZ

0115 958 8702 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Grantham (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

SDL Auctions Graham Penny, Nottingham

9 Regan Way, Chetwynd Business Park, Chilwell, Nottingham, NG9 6RZ

0115 958 8702 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference gp_nottingham_1440700_11675. 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 Auctions Graham Penny, 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.

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*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.”

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 Auctions Graham Penny, Nottingham on 0115 958 8702.


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