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3 bedroom terraced house for sale
22 and 22a Mansfield Road, Ashfield, Sutton-in-Ashfield, Nottinghamshire NG17 4EJ
£90,000
22 and 22a Mansfield Road, Ashfield, Sutton-in-Ashfield, Nottinghamshire NG17 4EJ
£90,000
Our Summary
- For sale on 21 November 2024 The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy
- Registration for bidding will close at 5pm the day before the auction
- The auction will commence at 09:00
- The potential annual rental income is £14,340, resulting in an impressive yield of 15
- 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 an Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 4
- 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)
Description
This exceptional opportunity presents two well-maintained self-contained flats, situated across three floors, with a potential annual rental income of £14,340, yielding an impressive 15.9%. The ground floor flat has one bedroom and is currently rented to a long-term tenant, while the first floor flat has two bedrooms and is currently unoccupied. The location offers convenient access to major road links and local shops and amenities. The property is being sold at auction on November 21, 2024, with a guide price and reserve price to be announced. The sale will be conducted under an unconditional sale type, with binding contracts exchanged at the point of sale. A deposit of 5% (subject to a minimum of £5,000) and a buyers' fee of 4.8% (subject to a minimum of £6,000 inc. VAT) will be required.