25 Balfour Road, Nottingham, Nottinghamshire NG7 1NY

A well located high yield, student investment property, within walking distance to university and amenities.

Let for the 26/27 year at £24,960 per annum which is a very attractive yield against the guide price of 19.97%.

The ground floor accommodation has to offer: entrance hall with access to bedroom one, lounge and kitchen. To the first floor there are two further bedrooms and a bathroom with a four piece suite. The second floor sees bedroom four. All of the bedrooms are very spacious and have lockable doors. Outside there is a very low maintenance seating/patio area, ideal for outdoor eating/BBQ's etc.

Lenton is sat on the doorstep of Nottingham city centre and the University of Nottingham, positioned extremely close to one of the main thoroughfares to and from them both, Derby Rd. Just 0.7 miles from one of the UK's largest hospitals QMC, a short distance of Nottingham Trent University (1.3 miles) and just 0.9 miles from the University of Nottingham. Nottingham city railway station a mere 1.4 miles away. An array of excellent local amenities for all ages can be found nearby including a bus stop directly outside the building, with access to the M1, and other major travelling routes as little as a few miles away.

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, and are payable immediately upon exchange of contracts:

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

• Buyer’s Fee of 1.2% inc. VAT 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.