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Residential properties for auction in Nottingham

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A three bedroom semi-detached house in need of modernisation, well located with good connections to Nottingham city centre. Vacant.

THERE IS NO NEED TO CALL THE AUCTION OFFICE TO PRE-BOOK OR CONFIRM ATTENDANCE.
EACH VIEWING WILL LAST 20 - 30 MINUTES.

Open viewings on
11.45 Thursday 07 Jun - Add to Calendar
11.45 Friday 08 Jun - Add to Calendar
11.45 Monday 11 Jun - Add to Calendar
11.45 Wednesday 13 Jun - Add to Calendar
11.45 Friday 15 Jun - Add to Calendar
Six Week Completion

Tenure
Freehold.

Location
Located near to the junction with Bowland Close
Extensive shopping facilities and restaurants can be found nearby along Carlton Hill
The recreational amenities of King George V Recreation Ground are easily accessible
Carlton, Netherfield

Description
A two storey semi-detached house
In need of modernisation
Rear garden

Accommodation
Ground Floor – Two Reception Rooms, Kitchen
First Floor – Three Bedrooms, Bathroom/WC

Viewing
Please refer to our website savills.co.uk/auctions

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See our buyers guide to find out what to do next.
676, Carlton Road, Nottingham, NG3 7AE
A three bedroom semi-detached house
Type: House, Residential
Location: 676 Carlton Road, NG3 7AE
Images: 2
Brochures: 1
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Features
1 Bedroom Annex
Potential to convert to one bedroom bungalow (STP)
36m2
Requires completion
Off street parking (STP)
Freehold
Potential to add capital value
Close to amenities
Excellent transport links

Location
The plot and building face the western side of Trentham drive to the rear of 1 Prestwood Drive in the highly desirable district of Aspley, Nottingham.
The Immediate vicinity hosts a good range of amenities including various shops, a post office and good nearby schools including the Nottingham Girls School Academy and the Bluecoat Aspley Academy making the area particularly attractive to families.
Nottingham city centre is easily reached by either regular public transport or by car.
The A610 dual carriageway is close to the property and provides easy access to the M1 motorway.

Description
• For Sale By Online Auction – 25th – 26th July 2018
• Guide Price: £45,000+
• 36m2 One Bedroom Annex Requiring Completion
• Off Street Parking

The property briefly comprises lounge / kitchenette area, one bedroom, shower room and w.c.
In addition, there is ample storage space within the loft area. The building will require completion to the new owner specification.

To the front of the property there is space for a vehicle and a small garden subject council approval and the curb being dropped.

Accommodation
Total – 36m2 (388ft2)

Services
We understand there are no services directly connected to the property, however the vendor has all the relevant utility companies in place ready for connection. Potential buyers are advised to make their own investigations

Tenure
The property will be freehold once the title has been split from the existing property

Investment Analysis
Once the program of works required have been carried, a new title obtained, and full planning consent granted we envisage the property will have an end value between £90,000 and £110,000 depending on quality of workmanship and finish.

Council Tax
The property will be subject to council tax once the title has been established, potential buyers are advised to make their own investigations regarding this matter

Guide Price
£45,000+

VAT
The property is not subject to VAT

Buyer’s Premium
2% (min. £3,000) inc. VAT

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Land and Building to the rear of 1, Prestwood Drive, Nottingham, NG8 3LY
Unfinished Project – Self-Contained Annex Suitable for Conversion To 1 Bedroom Bungalow in Desirable Location (STP)
Type: Flat, Other, Residential, Other Property Types & Opportunities
Location: Land and Building to the rear of 1 Prestwood Drive, Nottingham, NG8 3LY
Size: 36 Sq M
Images: 9
Brochures: 1
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Features
Operational bingo hall
Suitable for conversion to mixed use retail and residential (STP)
Freehold
To be sold with vacant possession
Unused cinema to the upper floor
Original art deco features
Established high street location
Planning user class D2

Location
The imposing property is sited on the corner of High Street and Duke Street in the popular district of Hucknall, Nottinghamshire. Hucknall is a town seven miles north of Nottingham and nine miles south of Mansfield with a population of around 35,000.
The immediate area benefits from shops and bars, together with good health facilities and a leisure centre. The NET tram system is just a short walk from the property, and provides frequent services into Nottingham city centre.
The M1 Motorway is only three miles from the property, and can be easily accessed.

Description
• For Sale By Online Auction –25th & 26th July 2018
• Guide Price: £375,000 – £425,000+
• Suitable for conversion to mixed use retail and residential (STP)
• Operational bingo hall offered with vacant possession on completion
• Freehold property with D2 use

Opened as a cinema in 1936, the property is accessed from the High Street, with the entrance opening up into a reception / foyer area where there is are a range of gaming machines and a cloakroom.

The main ground floor space is occupied by a large bingo hall, that was once a cinema room, and which has a sloping floor way. We are advised this area has a seating capacity of 464. There are ladies and gents restrooms and bar area.

A sweeping staircase from the reception foyer leads to the 350-seat upper auditorium with large stage area.

The second floor houses the former projection room along with several other ancillary rooms.

Accommodation
Ground Floor – Approx. gross internal floor area equates to 5,750 sq ft
First Floor – Approx.gross internal floor area equates to 5,212 sq ft

Services
We understand the property to have mains electricity, water and drainage. Potential buyers are advised to make their own investigations

Tenure
Freehold

Business Rates
The premises are recorded on the 2017 Valuation List as having a rateable value of £8,800 for the Bingo Hall and £4,850 for the Cinema.

Guide Price
£375,000 – £425,000+

VAT
Buyers are advised to make their own enquiries regarding VAT prior to bidding.

Buyer’s Premium
2% (min. £3,600) inc. VAT

Sell Your Property
If you are thinking of selling your property, contact us now for a free appraisal and benefit from:
• 0% Seller Fee
• £0 Entry Fee
• £0 Marketing Costs
• 20 Working Day Completion
• Monthly auctions
Byron Bingo, High Street, Nottingham, NG15 7HQ
Bingo Hall – Suitable for Re-development (STP) – Freehold – To be Sold with Vacant Possession
Type: Residential, Retail, Mixed use, Leisure, Other Property Types & Opportunities
Location: Byron Bingo High Street, Nottingham, NG15 7HQ
Images: 5
Brochures: 1
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New
*UNSOLD - AVAILABLE AT £4.4M. PLEASE REFER TO AUCTIONEER*

Addendum for Lot Number 65
Nottingham, Hounds Gate House, 41-43 Hounds Gate, Nottinghamshire, NG1 7AA
Prospective purchasers are advised that part of the first floor is excluded from the sale and are referred to the Title plan for further information in this regard.

A Freehold Unbroken Block of Twenty-Seven Self-Contained Flats
• City Centre Location
• Providing 13 x Two Bedroom Flats, 8 x One Bedroom Flats, 4 x One Bedroom plus Study and 2 x Three Bedroom Flats
• Each Flat subject to an Assured Shorthold Tenancy
• Total Current Rent Reserved
£333,000 per annum (equivalent)

Tenure
Freehold.

Location
Nottingham is located approximately 25 miles north of Leicester and approximately 16 miles east of Derby. Hounds Gate is located off Wheeler Gate, which runs into Beastmarket Hill. The block itself is situated on the south side of Hounds Gate, at its junction with St Nicholas Street. Extensive shopping facilities and restaurants, including the Broadmarsh Shopping Centre, are available. Rail services run from Nottingham Station, providing trains to London St Pancras, Liverpool Lime Street, Leeds and Birmingham.

Description
The property comprises a building arranged over lower ground, ground and three upper floors. Internally, the property is arranged to provide 27 self-contained flats. The building benefits from a lift and the top floor flats each benefit from terrace space.

Seller’s Solicitor
Messrs Wright Hassall LLP (Ref: AJ).
Tel: 01926 884617.
Email: andrew.jones@wrighthassall.co.uk
Hounds Gate House, 41-43, Hounds Gate, Nottingham, NG1 7AA
A Freehold Unbroken Block of Twenty-Seven Self-Contained Flats
Type: Flat, Residential
Location: Hounds Gate House, 41-43 Hounds Gate, Nottingham, NG1 7AA
Images: 5
Brochures: 1
View Property
Features
Current gross income £9,360
Current gross yield 7.8%
Currently let to students
Potentially 5 double bedrooms
uPVC glazing
Combination boiler
Freehold
Close to local amenities
Excellent transport links

Location
The property is located corner of Melrose Road and Cannon Street in the highly desirable, up and coming district of Sherwood, Nottingham.
The immediate vicinity hosts a good range of amenities including various independent shops, bars and eateries.
The main A60 Mansfield Road is just a few minutes walk from the property and provides excellent access into Nottingham city centre within just a few minutes via the regular bus service.
Nottingham hosts a wide range of amenities including two shopping centres and various local and national shops making the city particularly attractive to young professionals.

Description
• For Sale By Online Auction – 19th & 20th June 2018
• Guide Price: £120,000+
• Four / Five Bedrooms
• Rental Income of £9,360 pa representing gross yield of 7.8%
• Long term tenants in situ on periodic tenancies

The property is entered via the front door located on Cannon Street, to the right is the front lounge area currently being utilised as a double bedroom. To the left there is the communal lounge area with window onlooking Cannon street. Beyond the lounge there is a small shower room and a fitted kitchen. Further still, there is a third reception room and separate w.c. The back door leads to a covered outdoor area.

The upper floors are accessed by the stairway in the centre of the building. The first floor hosts 2 double bedrooms with one having the benefit of a full sized 4 piece en-suite bathroom facility, this also houses the modern combination boiler.

The second floor also hosts 2 good sized double bedrooms.

To the front of the property there is permit holders on street parking.

Accommodation
Total – 120m2 (1,292 ft2) (taken from EPC)

Services
We understand the property to have mains gas, electricity, water and drainage. Potential buyers are advised to make their own investigations

Tenure
The property is freehold

Investment Analysis
The property is currently let to two students. The rents payable are £90 per person per week (£9,360 pa) representing a gross yield of 7.8%. Should the necessary licences be obtained this could be increased to £23,400 pa representing a gross yield of 19.5%.

Council Tax
The property is rated in Council Tax Band B. Council Tax payable (2018/2019) is approximately £1,525 pa.

Guide Price
£120,000+

VAT
The property is not subject to VAT.

Buyer’s Premium
2% (min. £3,600) inc. VAT

Sell Your Property
If you are thinking of selling your property, contact us now for a free appraisal and benefit from:
• 0% Seller Fee
• £0 Entry Fee
• £0 Marketing Costs
• 20 Working Day Completion
• Monthly auctions
2, Cannon Street, Nottingham, NG5 2HB
Large Three Storey Four Bedroom End Terrace House – Current gross yield 7.8%
Type: House, Residential
Location: 2 Cannon Street, NG5 2HB
Images: 7
Brochures: 1
View Property
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