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Flat 114, Bard House, 14-22 Shakespeare Street, Nottingham

Guide Price

£35,000

For Sale

1/10

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Property summary

Leasehold

Modern Method of Auction - T & Cs Apply

Reservation Fee Payable

Investment opportunity

Ground floor apartment

Modern kitchen

City Centre location

Excellent transport links

Sold with tenants in situ

EPC Rating - B, Council Tax Band - B

Get in touch

Jack Grant

Residential Valuer

0115 896 5072

More about the property

For Sale by the Modern Method of Auction – T & Cs Apply

This property making the perfect investment! being situated within one of the most prominent city centre locations the ease of access to everything could not be better, consisting of a Bedroom/Living Space, Kitchen area with fitted appliances and a Shower Room this creates the perfect base for a student to settle themselves.

Benefitting from being on the doorstep of Nottingham Trent University and being surrounded by many shops and amenities this property is situated perfectly, an internal viewing is key to appreciate the works from the management company.

Please note – We have been advised that the property is Leasehold with 240 years left on the lease

Agent’s Note: The property currently has a service charge of approximately £3900 to be confirmed. The property is currently let at £899pcm over a 44 week contract. this equates to a 17.1% income.

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Your mortgage could be £620 per month*

Mortgage

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* Our mortgage calculator is only intended as a guide to help you calculate monthly mortgage payments based on the variable details entered (mortgage amount, interest rate, term). Buying a property is a significant event in any person’s life and it always makes sense to take some mortgage advice. Pygott & Crone offer a free initial consultation on a very personal basis, and can help you through the process of getting a mortgage, arranging insurance for your property and setting out other important options for consideration. Talk to us about your options

Accommodation

BUYING CONDITIONS
This property is for sale by the Modern Method of
Auction. Should you view, offer, or bid on the property, your information will
be shared with the Auctioneer, Iamsold. This method of auction requires
both parties to complete the transaction within 56 days of the draft contract
for sale being received by the buyer’s solicitor.

This
additional time allows buyers to proceed with mortgage finance (subject to
lending criteria, affordability, and survey). The buyer is required to
sign a reservation agreement and make payment of a non-refundable Reservation
Fee. This being 4.5% of the purchase price including VAT, subject to a minimum
of £6,600.00 including VAT. The Reservation Fee is paid in addition to
purchase price and will be considered as part of the chargeable consideration
for the property in the calculation for stamp duty liability.

BUYERS INFORMATION PACK
Buyers will be
required to go through an identification verification process with iamsold and
provide proof of how the purchase would be funded. This property has a
Buyer Information Pack which is a collection of documents in relation to the
property. The documents may not tell you everything you need to know about the
property, so you are required to complete your own due diligence before
bidding. A sample copy of the Reservation Agreement and terms and conditions
are also contained within this pack. The buyer will also make payment of
£300.00 including VAT towards the preparation cost of the pack, where it has
been provided by iamsold. The property is subject to an undisclosed Reserve
Price with both the Reserve Price and Starting Bid being subject to change.

Lounge/Bedroom
4.95 x 3.43m

Kitchen
3.02 x 2.87m

Shower Room
3.02 x 0.99m

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Accommodation details