1 bedroom Flat For Sale

A fantastic opportunity for investors to purchase a STUDIO apartment with parking within a Grade II listed building, in Nottingham City Centre. The accommodation comprises of entrance hall, cloakroom, bathroom, bedroom/living area. The apartment benefits from being within walking distance to the city centre. There is also parking available within the grounds of the development. IDEAL INVESTMENT FOR BUY TO LET INVESTORS WITH TENTANT IN SITU. CURRENT RENTAL INCOME: £4,800 P.A Call Whitegates now to arrange a viewing. Lease length: 165 years remaining Service Charge: circa £1400 Ground Rent: £50 Exemption for EPC due to Grade II listed building • Search pack fee applies • For sale by modern method of auction • Reservation fee applies • Direct transport links to Nottingham city centre • Close to local amenities and schools. For sale by Modern Method of Auction; Starting Bid Price £45,000 plus Reservation Fee. This property is for sale by “31 - Midlands “powered by iam-sold Ltd” AUCTIONEERS COMMENTS: This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc. VAT towards the preparation cost of the pack. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.TO VIEW OR MAKE A BID contact Whitegates in Sherwood.