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£185,000

Alfreton Road, Nottingham, NG7

  • 6 beds
Other

£185,000

  • 6 beds
Other
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Estimate monthly mortgage payment:

£845 per month

Minimum deposit amount:

£9,250
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Mixed Use

Property Description:

A substantial mixed use property offering a ground floor retail unit and 2 large duplex flats.

A pair of 3 storey properties forming a combination of one commercial property and 2 flats above.

The ground floor shop is trading as a general convenience store and is let at ?800 pcm / ?9600 per annum.

The two flats offer a total of 6 bedrooms and require refurbishment.

Well situated in a popular and convenient location with plenty of local amenities, great transport links and Nottingham University close by.

Possible scope for HMO /Student accommodation, subject to any required consents.

Unconditional

?Thursday 24th April 2025??9.00am


Ground Floor Shop - Let at ?800 pcm / ?9600 per annum.

Flat 371a- Two Bedroom Duplex Flat - Vacant

Flat 373- Four bedroom Duplex Flat - Vacant

Ground Floor Shop

Being in good order with L shaped accommodation with serving counter and rear store room.

317a - 2 Bed Flat

Hallway, Cloaks /w.c, Landing, Lounge 4.00m x 3.77m, Kitchen 4.80m x 2.11m, Bathroom, Second Floor Landing, Bedroom One 4.00m x 2.89m, Bedroom Two 4.00m x 3.76m

373- 4 Bed Flat

Hallway, Lounge 4.80m x 3.92m, Kitchen (unfitted) 3.20m x 2.20m, Landing, Bedroom One 3.95m x 3.75m, Bedroom Two 21.2m x 3.77m,
Bathroom, Second Floor Landing, Bedroom Three 3.95m x 3.75m, Bedroom Four 3.95m x 2.95m

Outside

Small yard space to rear.

Mobile Phone Coverage

O2, EE, Three and Vodafone are available in this location.

Satellite and Cable TV Availability

BT and Sky are available in this location.

Broadband (estimated speeds)

Standard 23 mbps. Ultrafast 1800 mbps.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Part let/part vacant.


Utilities Information
  • Electric Supply: Mains Supply
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply


Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of ?5,000)

• Buyers Fee of 4.8% of the purchase price (subject to a minimum of ?6,000 inc. VAT).?

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.


Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).


Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
Council tax band: A,

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£845 per month
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Stamp Duty tax
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£0
Mortgage and legal costs:
£999
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