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Burford Road, Nottingham NG7 5 bed house of multiple occupation for sale
Burford Road, Nottingham NG7
£200,000
Burford Road, Nottingham NG7
£200,000
Our Summary
- To be sold by auction: GUIDE PRICE £200,000+
- This property will be sold by auction, making it an excellent opportunity for investors looking to expand their rental portfolio
- A perfect investment opportunity in a sought-after area of Nottingham, this property offers fantastic potential for rental income
- 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
- Auction Deposit and Fees:
- 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)
- Auction: 27
- Investment Opportunity with Possible Rental Income in Excess of £2,500 per month / £30,000 per annum
- Investment Opportunity with Possible Rental Income in Excess of £2,500+ per month / £30,000 per annum
- Sold by Auction: GUIDE PRICE £200,000
- To be sold by Auction 27
- To be sold by Auction: GUIDE PRICE £200,000+
Description
This spacious end-terrace property in the popular Forest Fields area of Nottingham is being sold by auction with a guide price of £200,000+. The property, currently a five-bedroom HMO, offers fantastic potential for rental income and is located within easy reach of Nottingham City Centre. The accommodation features five generously sized bedrooms, a large communal living/dining/kitchen area, and two bathrooms. The property has a guide price of £200,000+, and the successful bidder will need to pay a 10% deposit and a buyers' fee of 1.2% of the purchase price. The property is being sold with vacant possession, and the current rental income is £2,500 per calendar month, making it an excellent opportunity for investors.