Property Situated within walking distance of Mansfield town centre, is a two bedroomed mid-terraced property, offered for sale with immediate vacant possession and requiring a scheme of improvement and modernisation. The traditionally built property has the benefit of being uPVC double glazed and in brief comprises of front sitting room, inner lobby, separate dining room with enclosed stairs and kitchen. To the first floor there are two well proportioned bedrooms and a passaged room ideal for storage measuring 11ft 3 x 2ft 9. In our opinion this rooms lends itself for conversion to an en-suite or reconfiguring with the adjoining bedroom to create an additional bedroom subject to the usual building regulations. Furthermore there is a bathroom with three piece suite. Outside to the front there is gated shared pedestrian access which in turn leads to a rear yard with low maintenance garden. Excellent freehold residential investment opportunity. Front Sitting Room 11ft into chimney recess x 11ft 2 Inner Lobby 11ft 2 into chimney recess x 11ft 2 Kitchen 10ft x 5ft 3 First Floor Landing 8ft 3 x 3ft 1 Bedroom One 11ft 2 into chimney recess x 11ft 2 Bedroom Two 11ft 5 x 7ft 9 into chimney recess Additional Storage Room 11ft 3 x 2ft 9 Bathroom 11ft 3 x 6ft 6 Outside Gated shared pedestrian access which in turn leads to a rear yard with low maintenance garden Buyers Premium A buyer’s premium is an additional charge that successful bidders are required to pay on top of their final bid price at a property auction. This fee is typically a percentage of the final bid and is paid directly to the auction house. It serves as a kind of commission for the auctioneer’s services. The exact percentage can vary depending on the auction house. At Palace Auctions our buyers premium on Property (Real Estate sales) is normally £5000 plus vat. It is usually clearly stated in the auction’s terms and conditions. It’s crucial for bidders to factor in the buyer’s premium when determining their maximum bid, as it significantly affects the total cost of the property.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Palace Auctions - Mayfair. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Palace Auctions - Mayfair for full details and further information.