Terraced house for sale in Sandpiper Way, Nottingham, Nottinghamshire NG7
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Property features
- Turn Key Investment
- Student Let for 24/25
- Well Presented Throughout
- Modern Appliances
- Furnished
- Popular Student Area of Lenton
Property description
Perfect addition to any investors portfolio, we are offering this turnkey investment at a fantastic price. This two double bedroom student property located on a popular cul-de-sac in Lenton, rented for academic year 24/25 at approx. £1300 pcm paying quarterly. To avoid disappointment please contact us now on to book your essential viewing!
The accommodation briefly comprises of an open plan living, kitchen/diner ground floor. Complete with modern kitchen appliances!
To the first floor are two double bedrooms and a three piece shower room with corner shower enclosure.
The property offers gas central heating from a combi boiler and radiators in each room.
To the front is on street parking - Located in a cul de sac. As well as a storage shed.
To the rear is a private enclosed garden with patio and lawned area.
Lenton is a highly sought after area of Nottingham, particularly popular with students and young professionals due to its proximity to University of Nottingham and the City Centre. The area offers a mix of local amenities including supermarkets, shops, cafes and popular bars and restaurants making it an attractive place to live.
Demand for rental properties in Lenton is consistently high, driven by the large student population and the area's reputation as a vibrant, youthful community. Presenting an excellent opportunity to capitalise on a stable and growing rental market. The potential for strong returns makes it a prime location for property investment. Additionally the ongoing demand for smaller private student accommodation offers the potential for further development ensuring long-term profitability.
Call Bairstow Eves to arrange your viewing now on agent notes: If you are unsure if you can still mortgage this property through modern method of sale please get in touch with our mortgage advisor Danielle.
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows 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. This being 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation 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 go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
Should you opt to use Conveyancing Services recommended by iamsold or the Partner Agent, please be advised that the Partner Agent will receive payment of up to £450.00 from the Conveyancing Provider for that recommendation where the services are taken, and a sale completes. It is important to note that recommended services are optional, and you should consider your options carefully before accepting any recommended services.
Property info
For more information about this property, please contact
Bairstow Eves - Nottingham Sales, NG1 on +44 115 774 8821 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Bairstow Eves - Nottingham Sales, and do not constitute property particulars. Please contact Bairstow Eves - Nottingham Sales for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.