Berkeley Avenue, Long Eaton, NOTTINGHAM

AUCTION Residential Investment Opportunity | Berkeley Avenue, Long Eaton

Wallace Jones are excited to offer this fantastic semi-detached property to auction, situated on the popular Berkeley Avenue in Long Eaton. This versatile property represents an outstanding opportunity for investors, developers, and owner-occupiers alike.

Currently configured as two self-contained flats, the property offers immediate rental income potential whilst also providing the exciting option to revert back to a single, spacious family home. With the addition of a potential extension, buyers can truly maximise the value and living space on offer.

The property further benefits from a generously sized garden to the rear - a rare find - along with a driveway providing off-road parking for two to three vehicles.

With the potential to generate a return on investment in excess of 10%, this property is sure to attract strong interest from the investment community and early bidding is strongly advised.

Key Features:



Semi-detached property on popular Berkeley Avenue, Long Eaton

Currently split into two self-contained flats

Potential to revert to a single family home

Scope to extend (subject to planning)

Large garden and driveway for 2-3 cars

Potential ROI in excess of 10%

Excellent investment opportunity



Guide Price: £95,000

Contact Wallace Jones today for further information or to arrange a viewing prior to auction.



TERMS 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:



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



- Buyer's Fee of 4.8% of the purchase price (subject to a minimum of £6,000 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.