9, Chewton Street, NOTTINGHAM, Nottinghamshire, NG16 3GY

Description

Vacant possession Three double bedrooms, extended end terrace Garage Description A three double bedroom end terrace property, requiring a scheme of renovations, providing scope to increase the value. The property is perfectly suited to a range of buyers including, buy to let investors, developers/builders and owner occupiers. The accommodation is spacious throughout and comprises; a living room, kitchen/diner and a shower room to the ground floor, and to the first floor are three double bedrooms and a bathroom. Externally, the property has a garden to the rear and a garage. Located conveniently for easy access/walking distance to an array of amenities such as grocery shops, eateries and salons, whilst also being situated close to bus routes and schools. There are very good road links which provide easy access into Nottingham, Derby, Ilkeston and surrounding areas. Offered for sale with the benefit of vacant possession. Accommodation Ground Floor: living room, kitchen/diner, shower room

Location

Property located at 9, Chewton Street, NOTTINGHAM, Nottinghamshire, NG16 3GY.

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £5,000–£10,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

Recommendation

Preferred strategy: Commercial Refurbishment / Re-Let. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Commercial Income: ★★★★☆

Development: ★★☆☆☆

Flip: ★★☆☆☆