3 bedroom block of apartments for sale

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3 bedroom block of apartments for sale

4 Oxford Street, Long Eaton, Nottingham NG10 1JR
£145,000

Our Summary

  • For sale on 28 August 2025 Our national property auction will be broadcast online with live auctioneers
  • To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
  • The auction will commence at 09:00
  • This is a fantastic investment opportunity with the flats currently generating approximately £15,000 per annum with rents that could be increased
  • Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type
  • Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 4
  • Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
  • This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
  • Auction: 28

Description

This end-terraced property in Long Eaton has been converted into three flats, each with fire doors, electric heating, and some tenants already in place. The ground floor has a one-bedroom flat with garden access, while the first and second floors have one-bedroom and studio flats, respectively. The property generates approximately £15,000 per annum in rent and has potential for increases. The flats are currently classified as HMO, but do not require a license, only periodic inspections by Nottingham City Council. The property is close to local schools, shops, and parks, with excellent transport links to Nottingham, Derby, and East Midlands Airport. The flats have a shared hallway and access to the second floor flat through a locked door. Each flat has its own kitchen and bathroom, and the property requires a parking permit for on-street parking. This is a fantastic investment opportunity with no onward chain, and prospective buyers are advised to take an internal viewing.