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1 bedroom flat for sale
8 Redwood Close, Nottingham NG8 4JL
£64,000
8 Redwood Close, Nottingham NG8 4JL
£64,000
Our Summary
- For sale on 28 August 2025 Our national property auction will be broadcast online with live auctioneers
- To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
- The auction will commence at 09:00
- Ideal investment opportunity, estimated rental income would be £725 per calendar month, converting to a yield of 12
- Terms: 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
- 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
- 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)
- Auction: 31
Description
This modern first-floor flat is an ideal investment opportunity, with an estimated rental income of £725 per month and a yield of 12.8% based on the current guide price. Located conveniently near local schools, Wollaton Hall, and Deer Park, and with easy access to the M1 junction 26, the property features allocated parking, communal gardens, and secure entry. The flat comprises an open-plan living room and kitchen with a Juliette balcony, as well as a family bathroom, shower over the bath, and a double bedroom with built-in wardrobe. With gas central heating and uPVC double glazing, the property is ready to move into. The sale is being conducted through an online auction, with a 10% deposit and a buyer's fee of 1.2% of the purchase price payable.