Cottage in Newark

2 Park Farm, Main Street, Carlton-On-Trent, Newark NG23 6NW
  • Lot No: 19
  • Property Type: Cottage
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £125,000+ plus fees

Result Sold at Auction £156,000

Property Description

A well located, end-terraced cottage in a state of partial refurbishment, offering investment opportunities in Carlton On Trent, Newark. Situated in the historic and popular village of Carlton On Trent is this end of terrace cottage. The property offers accommodation over ground and first/mezzanine floors and is part way through a full renovation and being sold as seen, providing an excellent opportunity for investment. Carlton on Trent is situated approximately 8 miles north of Newark and is within commuting distance of Nottingham, Lincoln, Retford and Doncaster. Nearby Sutton on Trent (approximately 2 miles) offers excellent amenities including a range of shopping facilities, a local library, doctors surgery and much more. There are a number of highly regarded schools in the area including The Tuxford Academy. There are strong transport links nearby with the A1 dual carriageway easily accessible and a local bus network surrounding the property. There are also fast trains available from Newark Northgate Station, providing direct access to London Kings Cross. Further information and photographs will be provided in the legal pack. Note: There is no gas supply, the heating is via an oil supply, the tank is located in the rear garden/yard. The property is mid-renovation and believed to be Grade II Listed. There are no safety handrails or bannisters on the stairs to the first floor. Please be advised that the auctioneers have not personally inspected or accessed the property due to its condition. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

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.

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

2 Park Farm, Main Street, Carlton-On-Trent, Newark NG23 6NW