Detached house for sale in Woodborough Road, Mapperley, Nottingham NG3

Summary
auction sale 12 September 2024 - • A detached dwelling converted into 3 self-contained flats
• Scope to create an additional studio flat, subject to planning permission and consents
• Short distance into Nottingham city centre

description
guide price: £180,000

auction date: Thursday 12th September 2024
bidder registration: Please ensure you are registered to bid on the Barnard Marcus Auctions website by 2pm on Wednesday 11th September 2024

Download legal documents from barnard marcus auctions website

Description
A detached property which has been split into 3 self-contained flats, requiring renovation throughout. The flats are split over 4 floors with access to the ground floor from the street and the lower ground floor to the rear of the property. There is scope to create an additional studio flat on the top floor, subject to necessary planning permissions and consents. To the rear of the property is a courtyard. Once fully renovated and up to standard, the 3 flats could achieve a rental income within the region of £850pcm which would generate approximately just over £30,000p/a. This is a wonderful opportunity to acquire a property offering huge potential as an investment.

Accommodation
Lower Ground Floor. Flat 1: Accessed from the rear of the property. Entrance hall, lounge, kitchen, two bedrooms, bathroom and a large storage area.
Ground Floor. Flat 2: Accessed at street level from the front of the property. Entrance hall, lounge, kitchen, two bedrooms and a bathroom.
First Floor. Flat 3: Accessed via a separate entrance to the rear of the property. Stairs rising to the first floor giving access to an entrance hall, kitchen/diner, lounge, two bedrooms and a shower room.
Second Floor: Accessed from the same rear entrance as Flat 3. A bedroom/studio, lobby, shower room. The accommodation on the second floor has the potential to create a studio flat, subject to planning and consents.
Exterior: To the rear of the property is a courtyard.

EPC: F

Council Tax Band:
Flat 1,2,3 - A

Tenure:
Freehold

Viewings:
William H Brown, 20 Upper Parliament Street, Nottingham, NG1 2AD. Tel: Email: By arrangement with the auctioneers - please see important advice for viewers on page 19 of this catalogue

for sale via the midlands auction centre in association with barnard marcus auctions Thursday 12th September 2024 at 9.00AM at the de vere grand connaught rooms, 61-65 great queen street, covent gardens, london WC2B 5DA. You can also register for online bidding.

Conditions of sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendor’s solicitors seven days prior to sale and the purchaser shall be deemed to have knowledge of the same whether inspected or not. Any questions relating to them must be raised prior to the auction. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn. The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Health & Safety Advice for Property Viewers.
Whilst the auctioneers make every effort to ensure the safety and security of viewers at lots, we have not carried out a detailed Health & Safety inspection of the lots in our auction and cannot therefore guarantee the safety and security of viewers. All persons attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds, outbuildings and boundaries. All unaccompanied inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers’ risk.
*Guide and Reserve Prices
Guide Price: An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Note

The auctioneers offer four ways to bid including internet, telephone, proxy, and live room bidding. Prospective purchasers will need to register to bid and pay a holding deposit before the sale commences by registering at Barnard Marcus Auctions website. We do not take credit card or cash deposits. The sale of each lot is subject to a documentation charge of £1,500 (including vat) payable on the fall of the hammer.
Guidance notes are set out in the catalogue in relation to auction lots, particularly from a purchasing perspective.

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.