Avalon Court, Kent Street, Nottingham, Nottinghamshire, NG1
- PROPERTY TYPE
Studio
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Modern Method Of Auction - T & C's Apply
- Reservation Fee Payable
- Investment opportunity
- City centre location
- Excellent transport links
- Sold with tenants in situ.
- Ground floor apartment
- Complimented by communal rooms such as Gym
- EPC Rating - D, Council Tax Band - C
Description
Modern Method of Auction - T & Cs Apply
This property making the perfect investment! being situated within one of the most prominent town centre locations the ease of access to everything could not be better, consisting of a Bedroom/Living Space, Storage room and a Shower Room this creates the perfect base for a student to settle themselves.
Benefitting from being on the doorstep of Nottingham Trent University and being surrounded by many shops and amenities this property is situated perfectly, an internal viewing is key to appreciate the works from the management company.
AGENT NOTE - We have been advised (as of 23/10/2024) that the property is Leasehold which had a 250 year lease in place from the 24th March 2015, the ground rent cost per annum is £333.96 and the most recent service charge paid in September 2024 was a monthly cost of £421.66 .
We have been advised by the vendor that the property is currently let on an AST at £750PCM; the landlord is willing to serve the tenants with a Section 21 Notice after a sale has been agreed if required. The buyer will need to confirm with their solicitor regarding vacant possession and dates, with the current tenancy ending July 2025.
BUYING CONDITIONS
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 buyer's 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 INFORMATION PACK
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 £349.00 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.
Studio
9.25m x 3.12m - 30'4" x 10'3"
Bathroom
2.44m x 2.46m - 8'0" x 8'1"
- 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.
- Band: C
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Avalon Court, Kent Street, Nottingham, Nottinghamshire, NG1
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Visit our security centre to find out moreDisclaimer - Property reference 10579101. 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 Pygott & Crone, Nottingham. 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 Pygott & Crone, Nottingham on 0115 647 9352.
*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.”
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