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1 bed property, in College Street, £85,000
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1 bed end of terrace house

College Street, Long Eaton, Nottingham NG10
Auction
£85,000

Our Summary

  • Both units in need of refurbishment
  • AUCTION Mixed-Use Investment Opportunity | College Street, Long Eaton A fantastic opportunity for investors and developers alike, this mixed-use property occupies a prominent position on College Street, Long Eaton, offering excellent visibility and footfall potential
  • Both the commercial and residential elements are in need of refurbishment, presenting a blank canvas for buyers looking to add significant value
  • Once renovated, the property has the potential to generate a combined rental income of approximately £15,000 per annum, making it an attractive proposition for those seeking a solid return on investment
  • Key Features: Mixed-use property - shop with one-bedroom flat above Both units in need of refurbishment Potential rental income of £15,000 pa Prominent position on College Street, Long Eaton Rear gated access to the flat Close to local bus routes Excellent transport links to surrounding areas Guide Price: £85,000 By Appointment only via Wallace Jones Estate Agents
  • Auction Details The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type
  • All sales are subject to our Common Auction Conditions and Bidder Terms
  • Auction Deposit and Fees The following deposits and non- refundable auctioneers fees apply: - 5% deposit (subject to a minimum of £5,000) - Buyer's Fee of 4

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Description

The property is a mixed-use investment on College Street, Long Eaton, comprising a ground-floor commercial unit (shop) and a one-bedroom flat situated above. Both the commercial and residential elements are in need of refurbishment. The property has potential income of approximately £15,000 per annum once renovated.

It has a prominent position on College Street, rear gated access, and is close to local bus routes with excellent transport links to surrounding areas.