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14 & 14a North Street, Langley Mill, Notts, NG16 4BS

Lot no: 22.0 Sold Prior to Auction
 

Guide Price £55,000 plus fees


Thursday 10th September 2015

12.00am
Key Features
An excellent investment opportunity comprising two self-contained flats each with their own separate entrances, both let producing £9,152 per annum
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Sold Prior to Auction

Flat / Apartment

Property Description

FOR SALE BY AUCTION: THURSDAY 10TH SEPTEMBER.

AT IPRO STADIUM, DERBY.

COMMENCING AT 11.30 AM.

An excellent investment opportunity comprising two self-contained flats each with their own separate entrances, both let producing £9,152 per annum.  In addition to this, to the rear of the property there is a detached garage which subject to obtaining the necessary planning consent could offer further development potential or could be let to generate additional income.

The accommodation comprises:

Ground Floor Entrance To:

Open Plan Living/Dining Area

Bedroom

Shower Room

Accessed from the rear, Entrance To:

Entrance Hall
With stairs to:

First Floor Landing
With doors off to

Open Plan Kitchen/Living Area

Bedroom

Shower Room

Outside
To the rear of the property there is a Detached Garage which could offer development potential or provide additional income if let.

Vendors Solicitors/Licensed Conveyancers
Robert Barber, 7 Church Street, Eastwood, Nottingham NG16 3BP. Telephone 01773-787878

Tenure
Freehold. Subject to tenancies.

Conditions Of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not.  Any questions relating to them must be raised prior to 11.30 am.  Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn. 

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Note
Prospective purchasers will need to register within the auction room before the sale commences.  Two items of identity will be required together with an indication of how a contractual deposit will be paid.  We do not take cash deposits.

The sale of all property is subject to a buyers fee of £750 (inc VAT).

*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.grahampennyauctions.com/glossary

FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE

WWW.GRAHAMPENNY.COM

Feature 1

Two self-contained flats

Feature 2

Both let producing £9,152 per annum

Feature 3

Close to motorway network

Feature 4

Detached garage to rear

Feature 5

EPC Ratings : 14 - E and 14a - F

Tenure: