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3 bedroom flat for sale

Bridgegate, Retford, Derbyshire, DN22 6AA

Guide Price* £53,000

Property Description

Full description

Tenure: Freehold

*For Sale by Auction on 12/07/2017 to be held at King Power Stadium, Leicester*

Residential Investment. First floor flat currently split to provide three lettable rooms with potential for conversion of upper floor into further accommodation.

The property is located close to the corner of Bridgegate and Market Place within Retford Town Centre. A host a various retailers are located nearby and there is easy access provided to all major motorway networks. Retford has an approximate population of 21,000 residents.

First Floor Flat:
Entrance hallway, landing, lounge, kitchen, bathroom and three separate letting rooms.

Second Floor:
We have been informed by the sellers that there is potential for conversion, subject to obtaining the appropriate planning consents.

Freehold subjecto to existing agreements. We have been informed by the sellers that the current rental income is as follows:

Room 1 = £75.00 per week (£3,900.00 per annum)
Room 2 = £300.00 per calendar month inclusive (£3,600.00 per annum)
Room 3 = £300.00 per calendar month inclusive (£3,600.00 per annum)
Total Rental Income = £11,100.00 per annum inclusive

The auctioneers have not inspected the property internally.
The completion date will be on or before eight weeks following exchange of contracts.

Energy Performance Certificate
EPC Rating E.

Douglas Wemyss Solicitors, 47 Friar Lane, Leicester, LE1 5RA. TEL: 0116 299 9199 (REF: L.H)

*Please do not hesitate to contact our office on 0116 2557573 should you wish to arrange a viewing, request an Auction catalogue or to be placed on our mailing list for future Auctions*

NOTE: Properties can be purchased prior to Auction

Listing History

Added on Rightmove:
16 June 2017

Map & Street View

Disclaimer - Property reference 61724. The information displayed about this property comprises a property advertisement. 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 Shonki Brothers, Auctions. 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 Shonki Brothers, Auctions on 01162 557573.

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