3 Bed Detached House For Sale

Hucknall Road, Nottingham

NG5 1NF

£170,000

Added 20 Feb 2024

Property Details

Property Type

Detached House

Bedrooms

3

Location

NG5

Description

This property is being offered to the market with vacant possession or company let. For the 'Buy to Let' investor this property is currently achieving £9,480 per annum rent on a company let. The lease has expired, and the current occupiers will move out or would consider a new lease at £12,000 per annum.

The terms of the lease are that the tenant (The company) is responsible for all maintenance and repairs except the boiler, and structure of the building. Therefore the new owner has a significant cost saving on expenses such as property management, repairs and maintenance, and re-letting costs as under this lease there are no voids.

However, should you want to purchase this property to live in, or create your own arrangements then the vacant possession upon completion can be arranged.

2 Double bedrooms
1 Single bedroom
Living Room (currently used as a bedroom)
Dining room/
Kitchen
Shower Room/WC

EPC: E 54 78
Council Tax Band: A
Within Selective Licencing Areas
Within Additional and HMO Licencing Areas

The current lease has expired. The property is available for vacant possession or for an extended lease.

The vendor is looking for a quick sale, ideally 7-8 weeks for completion. Cash Buyers Preferred.

Please note that the photographs are for visual demonstrations only. We strongly recommend that you view the property in person should you have a serious interest in the property.

(1) MONEY LAUNDERING REGULATIONS - prospective buyers will be asked to produce identification documentation during the validation process and we would ask for your cooperation so that there will be no delay.
(2) These particulars do not constitute part or all of an offer or contract.
(3) The text, photographs, and plans are for guidance only and are not necessarily comprehensive.
(4) Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully to satisfy yourself of their accuracy.
(5) You should make your own inquiries regarding the property, particularly concerning furnishings to be included/excluded and what parking facilities are available.
(6) Before you enter into any sale for one of the advertised properties, the condition and contents of the property will normally be set out by your solicitor. Please make sure you carefully read and agree with any items identified as part of the purchase.

Council Tax Band: A (Nottingham City Council)
Tenure: Freehold

Location

Map showing NG5 1NF

Nearby Properties

Disclaimer: Property descriptions, images, and related information displayed on this page are aggregated from publicly available sources across the web and presented for informational purposes only. While we strive for accuracy, home.co.uk cannot guarantee that all details are current or complete. This information is provided as a guide only and should not replace professional property advice. We strongly recommend contacting Norman Galloway directly to verify availability, arrange viewings, and obtain comprehensive property documentation.

Listed by

Norman Galloway

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