November 2020: Tuesday 03 November 2020 - 9:00am
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    Key features

    • A large mainly detached two storey house converted to provide three good size self contained flats
    • Investment let at £19,864 per annum
    • Two flats let on regulated tenancies

    Description

    A large mainly detached two storey house converted to provide three good size self contained flats

    Flat 1 has gas central heating and part double glazing, as well as its own separate rear entrance from Elms Gardens together with an off-street car parking space

    Flat 2, which has gas central heating, part recently installed wood frame double glazing and two off-street parking spaces, has its own south facing private garden

    Flat 3 has part double glazed windows, gas central heating and two off-street parking spaces

    Additional information

    Tenure

    Freehold.

    Accommodation

    Ground Floor (No.1) - Entrance hall, reception room, bedroom, modern kitchen/diner, Bathroom/WC

    Ground Floor (No.2) - Entrance hall, Reception Room, Bedroom, Study/Store, Kitchen/Breakfast Room, Shower Room/WC, Cellar Storage

    First Floor (No.2) - Entrance from Communal Hall, Landing Area with Store Cupboard, Reception Room/Bedroom

    Ground Floor (No.3) - Reception Room, Bedroom with En-suite Shower Room/WC, second bedroom, kitchen, Bathroom/WC

    Tenancy

    Flat No.1 is let on a Regulated Tenancy at a registered rent of £113 per week, effective from 1st April 2019 The tenancy commenced on 6th March 1978

    Flat No.2 is let on a Regulated Tenancy at a registered rent of £119 per week, effective from 25th April 2020. The tenancy commenced on 9th June 1980

    Flat No.3 is let on a statutory Periodic Tenancy from 1st March 2012 at a rent of £650 per month. Tenant holding over.


    Total current rent £19,864 per annum

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

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      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Ruddington is an appealing semi-rural village located about five miles south of Nottingham

      Elms Gardens runs southwards off High Street by Ruddington Green, within the Ruddington Conservation Area

      The village shopping amenities are extremely convenient to the property, with the High Street being a stones throw away

      Rushcliffe Country Park is nearby and the surrounding countryside provides a range of leisure facilities

      Transport

      Beeston (National Rail)

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums