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3 bedroom terraced house for sale
Chatsworth Street, Sutton-In-Ashfield, NG17
£195,000
Chatsworth Street, Sutton-In-Ashfield, NG17
£195,000
Our Summary
- Number 8 has recently become vacant and requires some improvements
- Number 10 is let at £450pcm and number 12 at £575pcm, both on rolling agreements and offering scope for significant rental increase
- 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)
Description
This is a rare opportunity to acquire a row of three bedroomed, three storey terrace properties, currently part let and part vacant, being offered for sale at a guide price. Number 8 is vacant and requires some improvements, while numbers 10 and 12 are let at £450 and £575 per month, respectively. The combined rental income is currently £12,300 per annum, but has the potential to increase to £28,000 to £30,000 per annum with the necessary improvements and full lettings. The properties are located in a strong letting location near Kings Mill Hospital and the M1 Motorway, with no boundaries to the properties and gardens and a single garage associated with number 8. The properties require some renovation and modernization, but offer a great opportunity for a buyer to put their own stamp on the properties and increase the rental income.