28 Church Lane, Underwood, Nottingham NG16 5FS

***FREEHOLD RESIDENTIAL INVESTMENT OPPORTUNITY***

Located opposite the impressive Underwood Church is a period three bedroomed semi detached property, requiring a comprehensive scheme of improvement and upgrading with vacant possession.

Internally the property is uPVC double glazed and mostly gas centrally heated an in brief comprises:- Front sitting room, inner lobby with stairs, understairs storage, separate dining room, rear lobby, fitted kitchen and bathroom with three piece suite. To the first floor L-shaped landing there are three well proportioned bedrooms.

In our opinion there is scope to reconfigure the first floor accommodation to provide an additional shower room or loft conversion subject to the usual planning and building regulations.

Outside the property is set back from the road with hard standing for a small vehicle. There is gated pedestrian access to the side which leads to a yard with a range of outbuildings and a good sized enclosed garden.

The small and popular village of Underwood has a useful range of amenities and is well positioned for the M1 Motorway with easy access to Nottingham and further regional business centres.

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.