**Notice Of Offer - Public Notice** 9 Park Valley NG71BS We advise that an offer has been made for the above property in the sum of £950,000. Any persons wishing to increase on this offer should notify the agents of their best offer prior to exchange of contracts. Royston & Lund Estate Agent West Bridgford 01159811888 - Option 1 Royston & Lund are delighted to offer this property which is nestled within the prestigious Park Estate in Nottingham. This characterful period detached property presents a rare opportunity brimming with potential. While in need of substantial improvements, the property exudes charm and promises endless possibilities for renovation throughout. The lower ground floor unveils a spacious room that holds the promise of becoming an expansive open-plan kitchen/diner, pending the necessary building works. To the lower ground floor there is also a storage room, shower room, kitchenette and large storage space. On the ground floor, four generously-sized reception rooms showcase original features like coving and skirting, adding to the property's allure and character. Spread across three floors, the property accommodates six bedrooms, with two boasting en-suite shower rooms for added convenience. The main bathroom boasts a four-piece white suite, featuring a freestanding bath, shower, wash basin, and WC. Secured behind wrought iron gates, the property offers privacy and security. The split-level garden spans 0.3 of an acre, providing ample space for outdoor activities and leisure. Complete with a patio terrace and vast lawn area, the garden offers a rare sanctuary within the city center, making this property a truly remarkable opportunity for those seeking to create their dream home in an enviable location.
Agent Note
The Government have recently proposed new EPC regulations which will change the MESS, which are planned to take effect in 2025. The new EPC regulations state that all rental properties in England and Wales must have an EPC rating of ‘C’ or above. These proposed changes will be phased in, the new regulations will be introduced for new tenancies first from 31 December 2025 and will subsequently apply to all tenancies from 31 December 2028. It is also proposed that the penalty for not having a valid EPC will be raised from £5,000 to £30,000 from 2025.
The Park Estate Service Charge Information
The Park is a private estate and therefore the roads, footpaths and common areas are maintainable at Park property owners’ expense. Each Park property owner is liable for the payment of a half-yearly rent charge, which is set by the Company each year, for more information on how the charge is calculated please visit https:/ ottinghamparkestate.co.uk pel-responsibilities/.
The average rent charge payable is approximately £400.00 per annum and is based on the number of habitable rooms within any dwelling.