Flat for sale in Springfield Mill, Sandiacre, Nottingham, Derbyshire NG10

Calling all investors and first time buyers!
Boasting A gross yield of 10%!
This studio apartment simply must be viewed, currently benefiting from a tenant in situ this would make an ideal investment, however this can also be purchased with vacant possession. Situated within a beautiful Grade II listed building on the first floor, easily accessible via the communal lift and briefly comprises an entrance hall, storage room, bathroom and open plan Kitchen/Living space. The property boasts character throughout with its large windows and exposed brick walls.

Located within the popular residential town of Sandiacre, within walking distance to a wide range of local amenities. The property is easily accessible from fantastic transport links including bus routes and roads including the A50, M1 and A52. A viewing is essential.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Entrance Hall

N/A - Front door, carpeted flooring, painted plaster ceiling, ceiling light.

Storage Room (0.6m x 1.22m)

Space and plumbing for washing machine.

Bathroom (2.13m x 1.22m)

Tiled flooring, shower unit, standard WC, wall mounted sink, heated towel rail, painted plaster ceiling, spotlights.

Kitchen/Living (3.66m x 7.62m)

Single glazed windows, laminate flooring, electric storage heaters, integrated electric oven, hob and extractor fan, integrated fridge, integrated freezer, painted plaster ceiling, spotlights.

Outside

N/A - To the front of the property there are electric gates and a pedestrian gate into the complex.