Property Listing
Main > 14th February 2008 > 2 Elnor Street, Langley Mill, Nottingham. NG16 4AQ
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*** Sold at auction: £130,000 ***

Lot 34: 2 Elnor Street, Langley Mill, Nottingham. NG16 4AQ
Three currently let self contained one bedroomed flats
Guide Price: £130,000 +
Auction date - 14th February 2008, Pride Park, Derby.

 

  • EXCELLENT RESIDENTIAL INVESTMENT PROPERTY
  • Three good sized flats - 2 x 1 bedroom; 1 x 2 bedrooms
  • Off road parking
  • Currently fully let at a gross reserved rent of £10,608 per annum - scope for increase

 

An opportunity to acquire a good quality residential investment property in an established residential area convenient for local facilities. 

 

The property comprises three flats. Flats 2 and 3 have a communal entrance hall with communal entrance hall, staircase and landings and each comprising a living room, kitchen, bedroom and bathroom/wc. Flat 1 has its own entrance and is two bedroomed. There is off road parking externally.

 

Tenancy Details

All three flats are currently let.  Two are occupied on assured shorthold agreements at £325 per calendar month each.  One is let on a long-standing arrangement at £54 per week, and it is considered that there is scope for increase.  Current total reserved rent - £10,608 per annum (gross).

 

Vendors Solicitors/Licensed Conveyancers

Fidler Pepper, 20-22 Queen Street, Mansfield, Notts NG16 1JN - telephone

 

Tenure

Freehold. Subject to tenancies.

Conditions Of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not.  Any questions relating to them must be raised prior to 11.30 am.  Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold or withdrawn.

 

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Note

Prospective purchasers will need to register within the auction room before the sale commences.  Two items of identity will be required together with an indication of how a contractual deposit will be paid.  We do not take cash or credit card deposits.

 

The sale of each lot is subject to a contract documentation charge of £195 (inc VAT) payable on the fall of the hammer.

 

For Sale by Auction: Thursday 14th February 2008

At Pride Park Stadium, Derby

Commencing at 11.30 am

www.grahampenny.com

To view the legal documents for this lot, please click on the link below-   

Http://www.eigroup.co.uk/legal/default.aspx?auctioneercode=gpa&lotnumber=34

 

 

 


PLEASE NOTE
These particulars, whilst believed to be accurate are not set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of presentation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person employed by this company has tested any included equipment and can give no authority to make any representation or warranty in respect of the property.

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