47 Burns Street, Arboretum, NG7 4DS

Location The property is located on Burns Street, approximately one mile northwest of Nottingham city centre, and approximately 0.4 miles northwest of Nottingham Trent University’s city campus.

The area is a popular rental location being within the catchment area for Nottingham Trent University and having easy access to the city centre.

The Property The property comprises a three storey, detached property which has been converted into three self-contained flats.

Two flats are vacant and have recently been fully refurbished ready for immediate tenant occupation.

Both flats have two bedrooms.

One flat is already sold on a long lease.

Tenure The whole building is to be sold on a long leasehold basis, with Nottingham City Council retaining the freehold.

Flat one has been sold on a long leasehold basis with 99 years remaining on the lease.

The lease will be for a term of 999 years from completion subject to a peppercorn ground rent and will include the following condition: -

- The property cannot be used as a House in Multiple Occupation.

Warranty on Existing Works Nottingham City Homes or any third party are not able to provide any warranties in relation to any work already undertaken.

Method Of Sale The property is available by way of a private treaty sale.

Price The Long Leasehold is available to purchase at a price of £280,000.

Planning The property has planning for:- C3: (Dwelling Houses)

VAT VAT is not applicable to the purchase price.

Anti-Money Laundering To meet Anti-Money Laundering regulations, two forms of ID and confirmation of the source of funding will need to be provided by the successful purchaser.

Viewings/Further Information To view the property and for further information in respect of the sale, please contact the sole selling agents, heb Chartered Surveyors.