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2 bedroom flat for sale
2b Rochester Walk, Nottingham NG11 8LP
£80,000
2b Rochester Walk, Nottingham NG11 8LP
£80,000
Our Summary
- For sale on 29 May 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 an excellent investment opportunity, previously rented at £850 per month, yielding an impressive 12
- 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 and Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyers Fee of 1
- 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: 29
- Great Investment Opportunity
Description
This two-bedroom flat in Clifton, Nottingham, is an excellent investment opportunity, previously rented at £850 per month, yielding an impressive 12.75% based on the current guide price. The property features a spacious entrance hallway, well-equipped kitchen, generous lounge with balcony, two double bedrooms, and a bathroom fitted with a modern three-piece suite and shower over the bath. Additional benefits include ample storage, an entry telecom system, and a brick outbuilding. The area offers excellent road and transport links, with East Midlands airport and the tram being within a short distance. The property is being sold leasehold with 89 years remaining on the lease, and the sale will take place online with live auctioneers. The buyer will need to pay a 10% deposit and a buyers' fee of 1.2% of the purchase price, which will be taken into account when calculating Stamp Duty Land Tax.