3 bedroom Semi-detached house in Nottingham

3 Lime Avenue, Langley Mill, Nottingham NG16 4AU
  • Lot No: 54
  • Property Type: Semi-detached house
  • Contract Type: Unconditional with Variable Fee

Guide Price* £119,000+ plus fees

Result Sold at Auction £130,000

Property Description

A three bedroom semi detached house in a popular residential location. The property is to be sold vacant as the tenants are currently vacating. In need of some improvements and renovation however, could be suitable as a family home or an investment opportunity. The property has three bedrooms, lounge, kitchen/diner, bathroom and outside space to the front and rear. We have been advised that the rental income could be in excess of £10,000 per year which would provide a yield against the guide price of approximately 8.5%. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Ground Floor

Lounge 14ft 6 x 12ft 11 Kitchen /Diner 17ft 4 x 14ft 6 Bathroom 14ft 3 x 6ft 4 Entrance hall


First floor

Bedroom one 14ft 8 x 10ft 10 Bedroom two 10ft 11 x 9ft 7 Bedroom three 9ft 9 x 6ft 6


Outside

To the front of the property there is multi vehicle off road parking. Potential to extend or create an additional building plot pending any appropriate planning consents. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding. To the rear there is a decked area, patio and lawn.


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 Variable Fee (England and Wales). 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 fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
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 Price 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.

Auction Details

Date 26th May 2022

Venue National Property Auction
The National Property Auction will be conducted behind closed doors. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

3 Lime Avenue, Langley Mill, Nottingham NG16 4AU