£165,000
2 bed flat for saleCollege Street, Nottingham, Nottinghamshire NG1
2 beds
2 baths
1 reception
EPC Rating: D
- Chain free
- Auction
- Leasehold
Bairstow Eves - Nottingham Sales
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About this property
2 Bedrooms
2 En-Suites
Allocated Parking
Long Lease - 977 years remaining
No chain
Sought After Location within Cathedral Quarter
**no chain** Welcome to the market this beautifully presented two double bedroom top floor apartment situated within the sought after location of Cathedral Quarter within easy reach to Nottingham City centre and across the road from the famous Nottingham Playhouse and The Park Estate.
Situated on the top floor inside a popular converted building, would make a great first time buy or for a professional couple.
The accommodation briefly consists of a communal entrance with stairs to top floor, entrance area, open plan living/dining room with Velux windows, kitchen with integrated appliances, separate WC for guest use and two double bedrooms both having en-suites (one bathroom, one shower room).
The property also benefits from double glazing, gas central heating with combination boiler and radiators in each room, allocated parking to rear and a share of Wellington Circus Gardens.
The following leasehold information has been provided to us by the current owner, this will require confirmation from a conveyancer upon purchase:
Lease length: 999 years from 2004
Service Charge: £3,000 per annum
Ground Rent: £150 per annum
Call us now on to book your essential viewing!
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.
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More information
Tenure
Leasehold (977 years)
Service charge
£3,000 per year
Council tax band
C
Ground rent
£150
Ground rent date of next review