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House for sale Victoria Road, Netherfield, NG4

Asking price

£12,000

Added two days ago

Type: House
Tenure: Ask agent

Key features

FREEHOLD COMMERCIAL PREMISES FOR SALE BY AUCTION THURSDAY 29TH OCTOBER 2026
FORMER RETAIL SHOP SITUATED ON VICTORIA ROAD
EXCELLENT OPPORTUNITY FOR INVESTORS AND DEVELOPERS
REQUIRING A COMPLETE PROGRAMME OF REFURBISHMENT
POTENTIAL FOR ALTERNATIVE USES SUBJECT TO NECESSARY CONSENTS
SINGLE-STOREY BUILDING WITH DIRECT ACCESS FROM THE STREET
CONVENIENTLY POSITIONED WITHIN THE POPULAR NETHERFIELD AREA
OFFERED FOR SALE WITH VACANT POSSESSION AND NO UPWARD CHAIN
VIEWING HIGHLY RECOMMENDED TO APPRECIATE THE POTENTIAL ON OFFER
NO CHAIN

About this property

FOR SALE VIA AUCTION THURSDAY 29TH OCTOBER 2026A FREEHOLD FORMER RETAIL PREMISES OFFERED FOR SALE BY AUCTION WITH A GUIDE PRICE OF £12,000. Requiring complete refurbishment, this single-storey property presents an excellent opportunity for investors and developers, with potential for alternative uses subject to the necessary consents. Conveniently situated in Netherfield and offered with vacant possession.

Council tax

Ask agent

Per year

Band A

£1,740
Band B

£2,030
Band C

£2,320
Band D

£2,610
Band E

£3,189
Band F

£3,769
Band G

£4,349
Band H

£5,219

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Gedling, 2026/27 bills run from £1,740 a year in band A to £5,219 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Gedling, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Location

Victoria Road, Netherfield, NG4

Open map Street View

Mortgage and stamp duty

Property price £12,000

£6k £18k

Deposit8% £1,000

£0 £12k

Lenders usually want at least 10%

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £11,000 mortgage. Most lenders would want a household income of about £3,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 9, 114, Victoria Road Flat / maisonette	Flat / maisonette	Sept 2024	506 sq ft £162/sq ft	506 sq ft	£162	£82,000
Flat 3, 114, Victoria Road Flat / maisonette	Flat / maisonette	May 2022	517 sq ft £170/sq ft	517 sq ft	£170	£87,950
Flat 8, 114, Victoria Road Flat / maisonette	Flat / maisonette	Apr 2022	506 sq ft £154/sq ft	506 sq ft	£154	£77,950
Flat 9, 114, Victoria Road Flat / maisonette	Flat / maisonette	Apr 2022	506 sq ft £154/sq ft	506 sq ft	£154	£77,950
Flat 6, 114, Victoria Road Flat / maisonette	Flat / maisonette	Apr 2022	527 sq ft £148/sq ft	527 sq ft	£148	£77,950
Flat 1, 114, Victoria Road Flat / maisonette	Flat / maisonette	Apr 2022	614 sq ft £143/sq ft	614 sq ft	£143	£87,950
Flat 4, 114, Victoria Road Flat / maisonette	Flat / maisonette	Apr 2022	614 sq ft £127/sq ft	614 sq ft	£127	£77,950
Flat 2, 114, Victoria Road Flat / maisonette	Flat / maisonette	Apr 2022	646 sq ft £136/sq ft	646 sq ft	£136	£87,950