1 bedroom Apartment for sale in Station Street < Back to search results

Auction Guide £60,000
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For Sale by Modern Auction - Investment opportunity. Tenanted ONE DOUBLE BEDROOM APARTMENT in this period conversion in the centre of Long Eaton. The apartment is tenanted until September 2022 generating £500 pcm.

A unique opportunity to purchase this one bedroom apartment in the New Central Building. The apartment is on the first floor of this period conversion just a stones throw from Long Eaton High Street and close to great local amenities and transport links. Property is offered for sale through the Modern Method of Auction which is operated by iamsold Limited.

The property comprises:

LOUNGE

7.25 x 3.34 (23'9" x 10'11")

The lounge area is neutrally decorated throughout and floored with wood effect flooring. A large window along one wall allows lots of natural light into the lounge/bedroom area. The room is spacious and open plan to the kitchen area.

KITCHEN

The kitchen is built into an area as you enter the open plan lounge and consists of worktop with base and wall mounted cupboards, built in sink unit and oven/hob extractor as well as a fridge, freezer and washing machine.

BATHROOM

4.91 x 1.62 (16'1" x 5'3")

Separate bathroom complete with a white suite comprising of a bath with shower over, low level WC and wash hand basin with chrome fittings and heated towel rail.

BEDROOM

5.25 x 2.95 (17'2" x 9'8")

Good sized double bedroom which is neutrally decorated throughout with magnolia walls and carpet throughout. The bedroom has a roof light allowing natural light into the room.

LOCATION

Located on the corner of Station Road and Main Street in Long Eaton, this development has an abundance of amenities on its doorstep including 24 hour Tesco and Asda. Benefiting from being close to numerous bars, restaurants and retailers as well as the well known Chilwell Retail Park and Attenborough Nature Reserve.

Boasting fantastic transport links to Nottingham City Centre, Derby and the M1, this apartment is ideal for city workers who need to commute.

PLEASE NOTE

This property is currently tenanted and let on a furnished basis generating £500 pcm. The current fixed term tenancy runs till 29/09/2022.

The Council Tax is band A.

The heating is electric throughout with no gas.

AUCTIONEER COMMENTS

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 Limited

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 4.2% of the purchase price
including VAT, subject to a minimum of £6,000.00 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 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
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they
will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral
arrangement and payment prior to any services being taken by you.

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