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House For Sale £180,000
Pelham Close, Newark NG24


Description
Summary

A fantastic investment opportunity here - Currently a 4 bedroom detached house with two garages to the rear, located in the town centre, formerly two 2 bed semi detached house's, which could easily be converted back to the same (subject to the relevant planning permission/building regulations). Located within a cul-de-sac position just off Pelham Street, the property offers versatile accommodation to suit a buyers needs.

The accommodation comprises; entrance into the breakfast kitchen, with dining area, utility room, ground floor WC, lounge and a further reception room. To the first floor there are 4 bedrooms, and a family bathroom. To the rear there is a low maintenance garden which is mainly laid to lawn, and there are also two single garages in a block.

The property benefits from being within walking distance to Newark town centre, offers UPVC double glazing and gas central heating. No chain. The converted semi detached properties could retail in the region of 170,000 for each unit or above, subject to finish and rent in the region of 700 to 750 per property Per calendar month, making this a fantastic investment or project.

Council Tax Band: D
Tenure: Freehold

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments

Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

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

  
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