Guide price
£70,000
1 bed flat for saleMarco Island, Huntingdon Street NG1
1 bed
1 bath
1 reception
EPC Rating: B
- Chain free
- Auction
- Leasehold
Martin & Co Nottingham
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About this property
One Bedroom, Third Floor Apartment
Centrally Located Development
Ideal Investment or First Time Purchase
Excellent ROI Potential
No Onward Chain
Onsite Concierge Service
For Sale by Modern Auction – T & c’s apply
Subject to Reserve Price
Buyers Fees Apply
The Modern Method of Auction
Third floor one bedroom apartment situated in this centrally located development. The property comprises of a spacious entrance hall leading to an open plan living/dining/kitchen area, double bedroom and bathroom. The development benefits from an onsite concierge service, lift access and secure entry.
Third floor one bedroom apartment situated in this centrally located development. The property comprises of a spacious entrance hall leading to an open plan living/dining/kitchen area, double bedroom and bathroom. The development benefits from an onsite concierge service, lift access and secure entry.
Hallway 15' 1" x 5' 5" (4.6m x 1.65m) Large hallway which can provide space for additional storage or study area with wood effect flooring, airing cupboard, ceiling light and opening out into the bedroom and living areas.
Open plan living/dining/kitchen 14' 2" x 13' 11" (4.32m x 4.24m) The kitchen offers a range of fitted high and low level units with a rolled edge laminate worktop over with upstand incorporating a stainless steel sink and drainer, integrated fridge with ice box, washing machine, dishwasher, electric oven, hob and extractor hood over and intercom system. The living area has a wall mounted electric panel heater, TV Aerial & phone points, wood effect laminate flooring and large double glazed window.
Bedroom 15' 1" x 5' 5" (4.6m x 1.65m) Double bedroom area with wood effect laminate flooring, wall mounted electric panel heater and ceiling light.
Bathroom With a three piece fitted suite comprising of a Bath with chrome mixer taps and mains fitted shower over, low flush w.c, pedestal basin, heated towel rail, part wall tiling, vinyl flooring covering and ceiling light.
Situated within this popular development the property benefits from a 24 hour onsite concierge service, lift access and intercom system. The property makes an ideal investment opportunity with a potential yield in excess of 10% yield or a first time purchase.
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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More information
Tenure
Leasehold (128 years)
Service charge
£1,700 per year
Council tax band
B
Ground rent
£480
Ground rent date of next review