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Bard House, 14-22 Shakespeare Street, Nottingham, Nottinghamshire, NG1

Key features

  • Modern Method of Auction - T & Cs Apply
  • Reservation Fee Payable
  • Investment opportunity
  • Ground floor apartment
  • Modern kitchen
  • City Centre location
  • Excellent transport links
  • Sold with tenants in situ
  • EPC Rating - B, Council Tax Band - B

Description

For Sale by the Modern Method of Auction - T & Cs Apply

This property making the perfect investment! being situated within one of the most prominent city centre locations the ease of access to everything could not be better, consisting of a Bedroom/Living Space, Kitchen area with fitted appliances 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.

Please note - We have been advised that the property is Leasehold with 240 years left on the lease 

Agent's Note: The property currently has a service charge of approximately £3900 to be confirmed.  The property is currently let at £899pcm over a 44 week contract. this equates to a 17.1% income.

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
£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.

Lounge/Bedroom

4.95m x 3.43m - 16'3" x 11'3"

Kitchen

3.02m x 2.87m - 9'11" x 9'5"

Shower Room

3.02m x 0.99m - 9'11" x 3'3"

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.

GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.

£150 per year (Ask agent about the review period)When and how often your ground rent will be reviewed.Read more about ground rent review period in our glossary page.

ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.

£3906.39

LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.

239 years left

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: B

Bard House, 14-22 Shakespeare Street, Nottingham, Nottinghamshire, NG1

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Royal Centre Tram Stop0.2 miles
  • Nottingham Trent University Tram Stop0.2 miles
  • Old Market Square Tram Stop0.3 miles
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About the agent

Pygott & Crone, Nottingham

43 Bridlesmith Gate Nottingham NG1 2GN

Pygott & Crone, Nottingham

Pygott and Crone have been established since 1991, originally founded with one office in Sleaford, the company now covers the whole of Lincolnshire, more recently expanding into Nottinghamshire and working throughout the UK within certain specialist departments.

The company is a mixed practice covering Residential Sales, Financial Services, Auction, Residential and Commercial Letting, Commercial and Professional valuation, Surveying, Land and New Homes. Our specialist teams are happy to

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Disclaimer - Property reference 10407147. 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.”

*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.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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