Stanley Road
Forest Fields, Nottingham, NG7

£105,000
212
Call Us 01159 693456
Features

Features

  • Investment opportunity
  • No upward chain
  • Two spacious bedrooms
  • On street parking
  • Spacious cellar for storage
  • Freehold
  • Close to transport links
  • Modern method of auction
  • End of terrace house
  • Low Maintenance Garden
  • Council Tax Band: A
Description

Description

Tenure: Freehold

Presenting for sale by modern Method of auction, an exciting investment opportunity in the form of an end of terrace house brimming with potential. This property is ideally suited for investors looking to maximise their return.

 

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 will pay £349 inc VAT for this pack. 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 £450. These services are optional

Being close to Forest Fields Primary and Nursery School and Djanogly City Academy are both within a mile of the property along with Sherwood Rise medical centre and Boulevard dental practice for health needs. Close proximity to Forest Recreation Ground and Arboretum.

 

The house boasts two spacious double bedrooms, making it a perfect choice for those looking for a profitable rental property. Whilst in need of a full renovation, it presents a fantastic opportunity and a chance to significantly increase the property's value, making it an attractive prospect for investors.

The two reception rooms are generously sized, there is also access to a cellar. 

The kitchen, is in need of modernisation, the bathroom, is requiring an update, and is located on the ground floor. 

This property falls within Council Tax Band A and holds an Energy Performance Certificate (EPC) rating of D. It should be noted that with the right energy-efficient renovations, there is potential to improve this rating, contributing to lower energy costs and a reduced environmental impact.

 In conclusion, this property, while requiring renovation, with sizeable rooms, and a cellar, and the small outside space all combine to offer an exceptional opportunity for both homeowners and investors. The potential for customisation and value enhancement is immense, and with the right attention, this property could become a highly desirable home or a lucrative investment.

EPC rating: D. Council tax band: A, Tenure: Freehold,

Documents

Documents

EPC Certificate
Download

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