Terraced House in Sutton-In-Ashfield

89 Mansfield Road, Sutton-In-Ashfield NG17 4FL
  • Lot No: 58
  • Property Type: Terraced House
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £50,000 - £60,000 plus fees

Result Sold at Auction £65,000

Property Description

An extremely attractive end terrace home with two bedrooms plus a loft room. A huge benefit is the parking to the rear, close proximity to town centre, gas central heating and uPVC double glazing. The property is currently let at £650 per calendar month representing a yield of 15.6% against the guide price. Other similar properties in the area are achieving £700 per calendar month which would then represent a yield of 16.8% against the guide price. Mansfield Road, Sutton-In-Ashfield is just a short distance away from the town centre, excellent amenities and commuter links including the A38 and M1.

Services:

Mains gas, electricity, water and drainage are believed to be connected. Prospective buyers are advised to make any necessary independent enquiries in this respect before placing their bid, as this will be binding.


Heating:

Gas central heating.


Building Construction:

Brick.


Broadband:

Standard, Superfast and Ultrafast are available in this location


Mobile Signal:

EE, O2, Vodaphone and Three are available in this location.


Satellite and Cable TV Availability:

Sky and BT are available in this location.


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 27th June 2024

Venue National Property Auction
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.

Lot Information

Contact Us

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

Map

89 Mansfield Road, Sutton-In-Ashfield NG17 4FL