1 bedroom Studio flat in Nottingham

4 Park View Court, Bath Street, Nottingham NG1 1DD
  • Lot No: 113
  • Property Type: Studio flat
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £40,000+ plus fees

Result Sold at Auction £45,000

Property Description

This studio flat which has been occupied by the same tenant since April 2016 producing £450 pcm (£5,400 per annum). The property is located on the ground floor, rear left-hand side of the building and also comes with private permit parking on a first come first serve basis.

Entrance

Entrance door into the entrance hall which provides access to the bathroom, WC, living area/bedroom, then onto a separate kitchen area.


Kitchen

The kitchen has both eye and base level units with an inset sink, fitted oven, hob and extractor (electric) and free standing washing machine and under counter fridge freezer which are all included in the sale. The room also benefits from a recently fitted double glazed timber sash window.


Living Area/Bedroom

This room features a recently fitted double glazed timber sash window to the side.


Bathroom

The bathroom has a bath with electric shower, wash hand basin, single glazed sash window to the front and a storage cupboard.


WC

WC and single glazed windows.


Outside

A secure intercom door leads into the communal area with lift and stairs leading up to flats. Outside there is a car park, parking spaces are on a first come first serve basis.


Note

We are informed by the seller that the current annual service charge is £1,162 and the ground rent is £50 per annum.


Auctioneers Note

The auctioneers have not inspected the flat and the internal photographs have been provided by the seller. We are informed they were taken prior to the tenant moving in.


Tenure

Leasehold


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.