1 Fountains Court, Beeston, Nottingham NG9 2EN

Great Investment Opportunity

This high yielding two bedroom ground floor flat sits in the popular location of Beeston town centre, with excellent potential to generate a yearly rental income in the region £10k.

Offering a gross return against the guide price of 16% this property would make a great addition to any landlords BTL portfolio.

In brief the property comprises entrance hallway, fully fitted kitchen, two double bedrooms, lounge/diner and bathroom with white three piece suite with shower over bath.

The property offers easy walking access to Beeston Town Centre, along with excellent transport links including the Nottingham Express Transit tram network and Beeston train station.

Leasehold

Vacant posession upon completion

Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 1.2% of the purchase price (subject to a minimum of £1,500 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms. 

Leasehold Information
Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Draft Sales Particulars
These sales details are awaiting vendor approval