1 bedroom Flat for sale, Nottingham, Nottinghamshire, NG2

*CASH BUYERS ONLY*

CALLING ALL INVESTORS!

SELLING WITH TENANT IN SITU!

We are delighted to present this wonderful investment opportunity situated in the heart of Nottingham. This first floor property is located in the superb Laceworks building - a high quality luxury student accommodation development a stones throw away from Nottingham Train Station and a short distance from the universities.

This studio has never been empty and is perfect for first time investors and experienced landlords alike. The Laceworks building is fully managed by StudentFM, one of the nation's leading providers of block management for student developments in the UK. This is a fully managed, hands free student property - perfect for those who want to take a step back from self-managing.

EPC Grade B
Council Tax Band A


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.
*BUYER FEES APPLY*

*SUBJECT TO RESERVE PRICE*