Summary - 137, Logan Street NG6 9FX
2 bed 1 bath Terraced
Investment-ready two-bedroom property with new boiler and tenant in place.
- Two double bedrooms with original period features
- Bay-fronted mid-terrace on a traditional street
- New combination boiler installed August 2024
- Regulated tenant in situ since 1967, income £392 pcm
- Sold Freehold via online auction; reservation fee applies
- Solid brick walls; assumed no wall insulation
- Needs cosmetic modernisation; kitchen and decor dated
- Selective licensing applies for new owners in Nottingham
A bay-fronted mid-terrace offering straightforward rental potential in Bulwell. The property has two double bedrooms, separate lounge and dining rooms, and a small rear garden with yard and outbuildings. A new combination boiler was installed in August 2024, reducing immediate heating upgrade needs.
This is being sold at online auction with a regulated tenant in situ (let since 1967) currently paying £392 pcm. The house is freehold and council tax band A, making it a low-running-cost asset for a buy-to-let investor or a cash buyer prepared to take on a tenancy. Note the property sits in an area classified as deprived with terraced streets; prices reflect that context.
The house is largely traditional construction (solid brick) with double glazing fitted after 2002. It will benefit from cosmetic modernisation in parts — the kitchen, some internal decor, and possible thermal upgrades (solid walls assumed uninsulated). Buyers should note selective licensing in Nottingham City applies and any new owner must obtain a licence from the council.
Important sale information: this lot will be offered via online auction. The successful bidder will pay a non-refundable reservation fee (3.6% inc. VAT, minimum £5,940) in addition to the purchase price and must exchange within the exclusive reservation period. The property is sold with the regulated tenant in situ; check the legal pack for tenancy details and seek legal advice before bidding.
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