6 bedroom House of Multiple Occupation in Nottingham

11 Douglas Road, Lenton, Nottingham NG7 1NW
  • Lot No: 18
  • Property Type: House of Multiple Occupation
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £185,000+ plus fees

Result Sold Prior to Auction

Property Description

Offering an ideal investment opportunity, this six bedroomed semi-detached property is currently licensed as an HMO, and is let to students for the next academic year from August 21 to 31st July 2022, producing £30,858.00 per annum (including bills and internet) Arranged over three floors, the property includes an entrance hall, two bedrooms, kitchen and living area (with a door to the cellar) to the ground floor, with three bedrooms, bathroom and a separate wc to the first floor, and a further bedroom and a shower room to the second floor. Benefiting from gas central heating and double glazing, the property has an enclosed courtyard garden to the rear with a small walled forecourt to the front. The property is located within easy reach of various University sites in Nottingham, is close to facilities in Nottingham city centre and to the Queens Medical Centre. Main road routes and local transport links give excellent access to all of the above named. The auctioneers have not inspected the property but believe it to comprise -

Entrance Door

Leading into -


Entrance Hall

Stairs rising to the first floor, radiator and doors leading to two bedrooms kitchen and living area.


Bedroom

Double glazed bay window to the front elevation, original fireplace, centre ceiling light, radiator.


Bedroom

Double glazed window to the rear elevation, original fireplace, centre ceiling light, radiator.


Kitchen

Fitted with a range of wall, drawer and base units with tiled splash backs and square edge work surfaces over, sink and drainer unit, space for free standing cooker, space for various under-counter appliances, space for a tall fridge/freezer. Vinyl flooring, centre ceiling light, radiator, double glazed windows to the rear elevation and door leading out to the rear garden.


Living Area

Double glazed window to the side elevation, radiator, centre ceiling light and door leading to cellar.


First Floor Landing

Stairs rising to the second floor and doors leading to three bedrooms, separate wc and the first floor shower room.


Bedroom

Double glazed window to the rear elevation, centre ceiling light, radiator.


Separate WC

Fitted with a low level flush wc, wash hand basin and a double glazed window to the rear elevation.


Bedroom

Double glazed window to the front elevation, ceiling light, radiator.


Shower Room

Fitted with a three piece suite comprising a low level flush wc, wash hand basin and panelled bath. Spotlighting, radiator and a double glazed window to the side elevation.


Second Floor Landing

Doors leading to a bedroom and the second floor shower room.


Bedroom

Double glazed window to the side and front elevation, centre ceiling light, radiator.


Shower Room

Fitted with a shower cubicle, radiator and skylight to the front elevation.


Outside

To the front of the property there is a small walled forecourt with a pathway leading to the front entrance door. There is a small courtyard garden to the rear and a side gate giving access to the front.


Note

We are informed by the seller that the furniture and white goods are included in the sale.


Photographs

The photographs have been supplied by the seller and are an indication of the accommodation on offer.


Note

The seller is a director of the SDL Group.


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.