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House For Sale £72,000
295 Nottingham Road, Ilkeston, Derbyshire DE7


Description
For sale by auction on Wednesday, 07 Jul 2021 at 12:30

Venue: Live Stream

for sale via live stream auction on the 7th July - please note you will need to pre-register in order to bid by 17.00 the previous day

If you are wanting to watch the live stream auction but do not wish to bid, this can be done by clicking on the Green Banner which will be displayed on our website prior to the auction.

If you have registered to bid, click on the Green Banner and press the ‘Sign in to bid’ button – this will then ask you to login with your Auction Passport account. Once you have logged in, you will then be able to watch the live stream auction, and bid on the entries you have registered for.

If you have not registered to bid, please complete the ‘Register To Bid’ form, and email it to and our team shall send you an email with the next steps to complete your registration. The form can be found by copying and pasting the following link into your browser:

If you have any queries, please do not hesitate to contact our office.

An excellent opportunity to purchase a mid terraced property, converted to form two self contained flats (295 and 295a).
The ground floor flat has one bedroom and is believed to have a rental value in the order of £350 per calendar month (£4200 per annum). The first and second floor flat has two bedrooms and is believed to have a rental value in the order of £400 per calendar month (£4800 per annum). The property therefore has a total rental potential in the order £9000 per annum. This is an excellent opportunity for an investor to acquire two flats with potential car parking to the rear. Both flats are assumed to have gas fired central heating (not tested).

Ground Floor (295)
An entrance hall leads into the bedroom, 3.4m x 3.0m. Open Plan Kitchen/Living Area, 3.4m x 4.9m, having laminate flooring. Kitchen, 2.0m x 1.9m, having stainless steel insert sink, hob and oven. Ground Floor WC/Shower Room, having WC, shower and wash hand basin.

First Floor (295a)
An attractive spiral staircase leads to the first floor. Kitchen, 2.1m x 2.6m, having a range of wall and floor cupboards. An attractive external spiral staircase leads to the balcony. Shower Room, 1.2m x 2.6m (maximum overall dimensions), having WC, wash hand basin and shower. Lounge, 5.4m x 3.4m, having feature spiral staircase leading to the second floor. Front Bedroom One, 3.3m x 3.4m. Bedroom Two, 3.4m x 2.1m.

Outside
Sees pedestrian access and vehicular hard standing.

EPC Rating: C

Additional Fees
Buyers Premium: £950 plus VAT (£1140 inc VAT), payable on exchange of contracts.

Administration Charge - £1500 inc VAT, payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.

Follow the link for more information:
        
zoopla.co.uk

  
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