Bairstow Eves are pleased to welcome to the market this six double bedroom property with valid HMO licence. Perfect as a student or professional rental or could follow suit of others nearby and convert to flats.
The property consists of three floors, with two reception rooms/ one and one bedroom on the ground floor with a access to a fully fitted kitchen/diner and shower room at rear.
To the first floor are three additional double bedrooms - to the front of the property one bedroom has been separated into two with a partition wall which could potentially be removed if necessary. In additional to a second bathroom and third separate WC and sink.
The third floors offers two further double bedrooms with views over the City.
The property is fully double glazed and offers on street parking.
Located between Woodborough Road and Mapperley Road, the property has fantastic public transport throughout the City and direct access to major roadways. Within walking distance to Victoria Shopping Centre and City Centre amenities this is the perfect location for a range of people!
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
Should you opt to use Conveyancing Services recommended by iamsold or the Partner Agent, please be advised that the Partner Agent will receive payment of up to £450.00 from the Conveyancing Provider for that recommendation where the services are taken, and a sale completes. It is important to note that recommended services are optional, and you should consider your options carefully before accepting any recommended services.
