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Flat 9, Longden Mill, Nottingham, Nottinghamshire

Key features

  • For sale by auction
  • Investment Flat
  • Bedrooms: 1

Description

Lot 93 - This lot is for sale by auction as lot 93 on 15th December 2016.

Four Leasehold Self-Contained Flats

- Comprising 3 x Two Bedroom Maisonettes and 1 x One Bedroom Flat
- Each subject to an Assured Shorthold Tenancy
- To be offered either Individually or Collectively
- Total Current Gross Rent Reserved

£28,200 per annum (equivalent) from Lots 91-94


BY ORDER OF GRAINGER PLC


Tenure
Leasehold. Each property is held on a lease for a term of 150 years from 1st January 2006 (thus having approximately 140 years unexpired) at a current ground rent of £150 per annum (rising).

Location
The properties are situated on the north side of Longden Street (B686), close to its junction with St Luke's Street. Local shops are available along Carlton Road (B686), with the more extensive facilities of Nottingham city centre being just over half a mile to the west. Nottingham Rail Station is less than half a mile away, whilst the M1 Motorway is accessible to the west.

Description
The property comprises three self-contained maisonettes and one self-contained flat situated within a detached building arranged over ground, first and second floors. The flats will be offered either individually or collectively.

Accommodation and Tenancies
The properties were not internally inspected by Allsop. The information contained within the schedule of Accommodation and Tenancies below set out was supplied by the Seller.

To View
The property will be open for viewing on Tuesday 13th December between 1.00 - 2.00 p.m. (Ref Witty Group).

Seller's Solicitor
Messrs Bond Dickinson (Ref IG)Tel 0191 230 8824.Email ian.gallon@bonddickinson.com

Guide Prices. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell on the date on which the guide price, or range of prices, is published. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide price, or range of prices, are displayed on our website. The latest published guide, or range of prices, will normally be at or above any reserve price. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may fix the final reserve price just before bidding commences. If a guide price is listed as 'TBA', it means that there is no guide price at present - please do not call our office. The guide price, or range of prices, will be published online immediately it becomes available at www.auction.co.uk. Please check regularly for updates. Lots may be sold or withdrawn prior to auction.

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

For details of the leasehold, including the length of lease, annual service charge and ground rent, please contact the agent

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

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Flat 9, Longden Mill, Nottingham, Nottinghamshire

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lace Market Tram Stop0.4 miles
  • Old Market Square Tram Stop0.6 miles
  • Royal Centre Tram Stop0.7 miles
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About the agent

Allsop, Auction

33 Wigmore Street , London, W1U 1BZ

Allsop, Auction

Allsop are the leading and most successful property auctioneers in the UK and Europe, offering lots from across the UK and Northern Ireland. 

A minimum of seven residential sales are held every year. Around 250-350 properties are offered at each auction, including vacant and investment properties, ground rents, land and development opportunities and secondary commercial lots. 

Allsop's average success rate last year was 79%, compared with an industry average of 75%. 

Allsop

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Disclaimer - Property reference 970000147. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Allsop, Auction. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Allsop, Auction on 020 3879 5993.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.

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