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4 bedroom terraced house for sale
109 Wilford Crescent East, Nottingham NG2 2ED
£160,000
109 Wilford Crescent East, Nottingham NG2 2ED
£160,000
Our Summary
- For sale on 31 July 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
- This is an exceptional investment opportunity offering a yield of 19% based on the current guide price
- While the property requires modernisation, it features a spacious mid-terrace layout divided into four separate flats, all occupied by long-term tenants at a weekly rent of £600, a total of £31,200 pa, funded by the council/government
- 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
- Exceptional Investment Opportunity Offering A Yield Of 19%
Description
This mid-terrace property is an exceptional investment opportunity, offering a yield of 19% based on the current guide price. The property requires modernization but features a spacious layout divided into four separate flats, all occupied by long-term tenants at a weekly rent of £600, totaling £31,200 per annum. The property is conveniently located near The Meadows Recreation Ground, The River Trent, and The Embankment, as well as local schools and Nottingham City Centre. The property has an entrance hallway leading to the first two flats, with an additional flat and two separate bathrooms on the first floor, and a fourth flat on the second floor. All utilities are organized and paid for by the tenants. The property has a small courtyard and garden space to the rear, and benefits from new interior fire doors installed in May 2024. The sale is being conducted as an unconditional sale, with a 10% deposit and a buyer's fee of 1.2% of the purchase price.