Guide price
£155,000
2 bed flat for saleMarmion Court, Marmion Road, Thorneywood NG3
2 beds
2 baths
2 receptions
EPC Rating: C
- Auction
- Freehold
Martin & Co Nottingham
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About this property
Investment Opportunity - Tenanted Units
Two One Bedroom Apartments
Freehold Tenure
£18,000 Annual Income
Gated Complex
Allocated Parking Spaces
The Modern Method of Auction
For Sale by Modern Auction – T & c’s apply
Subject to Reserve Price
Buyers Fees Apply
***attention investors*** Freehold block of two modern built one bedroom apartments generating an annual income of £18,000 providing an excellent yield and ROI. With both units being tenanted it provides an excellent opportunity for a ready made investment generating an income from completion. Situated within this gated complex the properties afford a light and spacious interior and both have an allocated parking space.
Martin & Co. Are pleased to bring to the market this rare opportunity to acquire two one bedroom modern built flats situated within this gated complex within easy reach of Nottingham City Centre.
Each apartment comprises of a hallway, bright and spacious open plan living/dining/kitchen, double bedroom and fitted bathroom alongside have an allocated parking space.
With both units being tenanted it provides an excellent opportunity for a ready made investment providing an income from completion generating £18,000 per annum. The property is being sold on a freehold tenure.
Auctioneer comments: This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties' personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent
information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.
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 benefit you; 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, please be aware that the Auction Coordinator or Partner Agent may receive payment for the recommendation. Where this is the case, the Partner Agent and Auctioneer will inform you of any referral arrangements and any payment they will receive, prior to any services being taken by you.
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