2 bed flat for sale

Cranbrook Street, Nottingham NG1

Auction property - Located on the edge of Nottingham’s Hockley, this spacious ground floor apartment is perfect for young working professionals and creatives. This property would be perfect for investors and owner occupiers alike.

Property Description:

Located on the edge of Nottingham's Hockley, this spacious ground floor apartment is perfect for young working professionals and creatives, This property would be perfect for investors looking to let out to students.

This property comprises of a generous open plan Living, Kitchen, and Dining area. The two banks of windows allows plenty of natural light to flood the living area. Two double bedrooms boast natural light, desks and storage spaces. The master benefits from an ensuite bathroom and separately there is a stand alone, 3 piece main family bathroom.

The apartment is close to all of Nottingham's transport links, with a short walk away from the train stations, tram lines, and buses. This property is currently vacant, a perfect scenario for an owner occupier or investor looking to refurbish and then rent.

Previously let at £995 per calendar month.

Tenure:
Leasehold. Vacant possession upon completion.

Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold under and 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 fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of 1.2% of the purchase price (subject to a minimum of £1,500 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.

Remote bidding form: