For Sale By Auction | 14:00, 04 July 2019 | Lot 66

Unit S8 Bard House, 8-10 Peachy Street, Nottingham, Nottinghamshire, NG1 4FQ

*Guide | £30,000+ (plus fees)

  • Studio
  • Tenure: See Legal Pack

Call the team on 0800 050 1234 for more information

Auction Date

Thu 04/07/2019

Auction Time

14:00

Auction Venue

Bolton Wanderers Stadium Platinum Suite, De Havilland Way, Bolton, BL6 6SF

A Student Pod Accommodation Currently Let at £6,885pa

Bard House is a converted former university building right on the doorstep of Nottingham Trent University, making it the perfect location for tenants, that in turn makes it an unbeatable option for investors looking for strong returns. As well as being able to enjoy the modern living space provided by this apartment, residents can also make use of communal facilities such as a gymnasium, common room, and entertainment suite. Nottingham itself hosts a state of the art tram system and an extensive bus service. The property comprises; lounge/bedroom area, kitchen and separate en-suite shower room. Currently let from 07/09/2018 - 30/08/2019. Financial breakdown Gross rent: £6,885 per annum Ground rent: £150 per annum Service charge: £2,488.82 per annum Lettings management fees: £862.20 per annum Net income: £3,419.98 per annum

Tenure

See Legal Pack

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

Nottingham City Council

Additional Fees

Administration Charge - 0.9% inc VAT of the purchase price, subject to a minimum of £1080 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.