3 bedroom Semi-detached house in Nottingham

112 William Street, Long Eaton, Nottingham NG10 4GD
  • Lot No: 98
  • Property Type: Semi-detached house
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £75,000+ plus fees

Result Sold at Auction £114,000

Property Description

The accommodation benefits from double glazing, dining room, lounge, kitchen, three bedrooms, bathroom and an enclosed low maintenance rear garden. Situated on William Street, a very popular and quiet road near the heart of Long Eaton, this semi-detached property has an attractive appearance from the front and is set back from the road. Offering spacious accommodation to both the ground and first floor. The property is well positioned for easy access to all the amenities and facilities offered by Long Eaton and the surrounding areas. Excellent transport links include J25 of the M1, East Midlands Airport, Long Eaton train station and the A52 to Nottingham and Derby. The property derives the benefit of double glazing and in brief comprises a dining room, lounge, kitchen and downstairs bathroom and to the first floor there are three bedrooms. Outside the property there is a small hard landscaped area to the front, a path to the side and a small enclosed garden at the rear. Currently let at £8,407 per annum rising annually by the Retail Price Index +2%. An excellent opportunity for investors, benefiting from immediate income on completion.

Ground Floor:

Dining Room Lounge Kitchen Bathroom


First Floor:

Landing Bedroom One Bedroom Two Bedroom Three - Accessible through bedroom two.


Outside:

The property is set back from the road with a small courtyard and pathway to the front door. To the side there is a shared pathway with gated access into the rear garden. Private enclosed rear garden.


Occupancy Agreement

The property is let under an Occupancy Agreement commenced 16/08/1993 at a contractual rent of £161.69 per week. The Agreement allows for annual increases on 1st April in line with the Retail Prices Index (RPI) plus 2%.


Auctioneers Note:

The Auctioneers have not inspected the property. The details have been provided by the seller and all interested parties should rely on their own investigations to verify the information provided.


Viewings:

There will be no internal viewings and interested parties are requested not to contact the occupants direct.


Tenure

Freehold


Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee. Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of £1,500 inc. VAT The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Each property sold is subject to a Reserve Price. The Reserve Price 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. A full definition can be found within the Buyers Terms.