Terraced house for sale in Rees Gardens, Nottingham NG5

Summary

For Sale: Ex-Council House on 3 Rees Gardens, NG5 9HK

Welcome to this fantastic opportunity to own a charming ex-council house located on Rees Gardens, NG5. This spacious and well-maintained property offers three bedrooms, making it an ideal choice for families or individuals seeking a comfortable and affordable home.

Upon entering the property, you are greeted by a welcoming entrance hallway that leads you to the living area and kitchen. The ground floor features a bright and airy living room and the adjacent kitchen provides ample space for meal preparation and includes essential appliances. Additionally, there is room for a fining dining area in the kitchen creating a versatile space for family meals.

Upstairs, you will find two generously sized bedrooms, and a third smaller room, offering plenty of space for a growing family or accommodating guests. The bedrooms are well-proportioned and benefit from an abundance of natural light, as well as warmth from the insulation rendering

The property boasts a manageable outdoor space, including a private garden at the back with potential for parking if gates are added at the rear. This area offers a great opportunity for outdoor activities, gardening, or simply enjoying some fresh air and sunshine. The low-maintenance nature of the garden ensures that it can be easily maintained without requiring excessive time or effort.

One of the notable features of this property is its potential for rental income. With an estimated rent of 950 per month, modernizing the house with a budget of 10,000 to 15,000 would significantly enhance its rental appeal and potentially attract high-quality tenants. This makes it an attractive investment opportunity for buy-to-let investors or individuals seeking a property with income-generating potential.

Location offering convenient access to essential amenities. Local shops, supermarkets, schools, and healthcare facilities are within easy reach, ensuring that daily necessities are just a short distance away. The property is well-connected to public transportation, allowing for easy commuting to Nottingham city centre and surrounding areas.

In summary, this ex-council house on 3 Rees Gardens, presents a wonderful opportunity for buyers looking for a spacious and affordable home or an investment property with rental potential. With a modest investment of 10,000 to 15,000 for modernization, the property has the potential to achieve a monthly rental income of 950.

Don't miss out on this excellent chance to secure a comfortable and conveniently located property in a desirable neighbourhood.

Council Tax Band: A
Tenure: Freehold

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments

Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.