>
8 bedroom character property for sale
Gilt Hill, Kimberley, NOTTINGHAM
£375,000
Gilt Hill, Kimberley, NOTTINGHAM
£375,000
Our Summary
- SUMMARYAUCTION SALE 20 May 2025 - • Entire freehold property split into six flats, with parking• Potential return of approximately £43,000 per annum, once fully occupied• Prominent position close to amenities, bus routes and road linksDESCRIPTIONGUIDE PRICE: £375,000AUCTION DATE: TUESDAY 20TH MAY 2025BIDDER REGISTRATION: Please ensure you are registered to bid on the Barnard Marcus Auctions website by 2pm on MONDAY 19TH MAY 2025DOWNLOAD LEGAL DOCUMENTS FROM BARNARD MARCUS AUCTIONS WEBSITEDescriptionA rare opportunity to acquire an entire freehold property, split into six flats, with parking to the rear
- Some works are required, but once completed and at full occupancy charging the market rate rents, there is the potential to achieve within the region of £40,000 - £43,000 pa
- This is a very good investment opportunity that has served the current owner well during their ownership
- Tel: Email: By arrangement with the auctioneers - please see important advice for viewers on page 19 of this catalogueFOR SALE VIA THE MIDLANDS AUCTION CENTRE IN ASSOCIATION WITH BARNARD MARCUS AUCTIONS TUESDAY 20TH MAY 2025 AT 9
- AUCTION SALE
Description
A rare opportunity to acquire an entire freehold property, split into six flats, with parking to the rear, is being offered for auction. The property is currently tenanted with 4 out of 6 apartments occupied, and the remaining 2 are vacant. With some works required, the potential return is approximately £43,000 per annum, once fully occupied. The property is situated in a prominent position, close to amenities, bus routes, and road links, making it an attractive investment opportunity. The flats range from a studio to 2-bed apartments, and the property benefits from a mixture of Assured Shorthold Tenancies. Viewings are by arrangement with the auctioneers, and the property will be sold via the Midlands Auction Centre on May 20th, 2025.