Welcome to Brook Court…
Bairstow Eves are pleased to present to the market this fantastic first floor TWO double bedroom, TWO bathroom apartment with fantastic investment opportunity located in the popular development of Brook Court - Sold with NO UPWARD CHAIN! Being sold with professional tenant in situ, currently paying £925pcm.
This property briefly comprises of: Secure entry system to the gated building block. You will find a welcoming entrance hallway with call entry system, a good-sized bathroom, storage cupboard, spacious open plan kitchen, dining, living space, there are TWO double bedrooms either side. The main bedroom offers great space and an ensuite shower room. The second bedroom also offers a good amount of space. There is also a three piece family bathroom.
This property is ideal for investment or a first-time buyer.
The following leasehold information has been provided to us by the current owner, this will require confirmation from a conveyancer upon purchase:
Lease Length: 125 years from 2005
Service Charge: £1,500 per annum
Ground Rent: £150 per annum
The property benefits from only a short commute to the Nottingham City Centre and local schools such as Mellers Primary School and Djanogly City Academy both being less than a mile away, also with excellent transport links.
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.
Hall A spacious area with cupboard storage and room for coats and shoes.
Kitchen/Reception Room 6.17mx6.12m
An exceptional space housing the open plan kitchen with a a range of appliances, and a large living space with window providing natural light to the room.
Bedroom 1 3.45mx3.23m
A private space with ample room for furniture, a well placed window, and a door leading to the en-suite.
En-suite 2.03mx1.31m
A convenient three piece shower suite with a built in extractor system.
Bedroom 2 3.43mx3.38m
Another spacious bedroom with a window brightening the room and lots of space for wardrobes etc.
Bathroom 2.03mx1.93m
A three piece bath suite with a built in extractor system and tiles surrounding the facilites.
