Could you have picked up a bargain?
What is the most popular Nottingham house type when it comes to auction sales?
Well, if SDL Auctions latest sale is anything to go by, it is the humble terrace that is among the top sellers. This all-rounder came up trumps, especially those homes that had tenants already in place.
Semi-detached homes in and around the county also topped the list of must haves.
As Andrew Parker, managing director and auctioneer at the auction house said: “Once again, we had strong bidding from investors and buyers at our Nottingham auction, producing good results for our vendors.”
Number 57 Ball Street, Nottingham, for instance, a well-presented two-bed terraced sold for £75,000 from a guide price of £68,000+.
Over in Bulwell, 11 Quarry Avenue in Bulwell had a guide price of £50,000+. While the three-bed is need of some upgrading and modernisation, it is currently let at £6,240 per annum and sold for £82,000.
Number 30 York Street in Sutton in Ashfield, a three-bed with a guide price of £54,000+ sold for £60,000.
A larger property, number 104 Radcliffe Road in West Bridgford, is a semi which is split into five self-contained flats and has a combined rental income of £26,760 per annum, sold for £248,000 from a guide price of £230,000+.
In fact, a number of semi-detached properties sold well with 71 Gawthorne Street in Basford, a four-bed sold for £104,000 from a guide price of £90,000+ and number 4 Albert Avenue in Nottingham did even better. The traditional three bedroomed semi-detached property requires full modernisation and upgrading but its location in Nuthall helped it sell for £140,000. It had a guide price of £100,000+.