A freehold end terrace building comprising 4 x 1 bedroom flats, let on ASTs producing £29,700 pa.

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Description/Location

Situated in Long Eaton, close to the town centre with its varied amenities. Nottingham city centre is to the east. We refer bidders to the legal pack for a schedule of tenancies.

Tenure

Freehold

Accommodation

Flat A: GF - 37 smq (source EPC). Energy Rating: D. Council Tax: A. Rent £625 pcm. Flat B: GF - 32 smq (source EPC). Energy Rating: E. Council Tax: A. Rent £600 pcm. Flat C: FF - 32 smq (source EPC). Energy Rating: E. Council Tax: A. Rent £600 pcm. Flat D: FF - 67 smq (source EPC). Energy Rating: E. Council Tax: A. Rent £650 pcm.

Rent

Current Rent: £29,700 pa

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*Guide Price & Reserves

Generally speaking Guide Prices 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. Virtually every 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.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.