property
For sale by auction - Thursday 11 February 2016
At Nottingham Racecourse, Colwick Park, Nottingham, NG2 4BE
Commencing at 11.30am
Victorian end terraced house converted into two self contained one bedroomed flats
In good order throughout, having been recently modernised with refitted kitchens and bathrooms
Ideal investment opportunity
EPC Rating: TBC
Excellent opportunity to acquire a Victorian end terraced house which is converted into two self contained one bedroomed flats. Both flats are in good order throughout, having gas central heating, upvc double glazing and have been modernised and improved with refitted kitchens and bathrooms. We believe that the property could achieve a combined rental income in the region of £700pcm. Ideal investment opportunity.
The accommodation comprises:
Ground Floor Flat:
Entrance Porch
Lounge 12ft 3 x 12ft
With understairs cupboard, radiator, upvc double glazed window to rear aspect.
Kitchen 10ft 3 x 8ft 8
Having a fitted range of wall mounted and base units, roll edge working surfaces, single drainer sink unit, wall mounted boiler, plumbing for washing machine, radiator, upvc double glazed window to side. Door to side.
Bedroom 12ft 3 x 10ft
With radiator, upvc double glazed window.
Rear Lobby
Separate WC
With radiator, obscure upvc double glazed window.
Bathroom
Having panelled bath, pedestal wash hand basin, radiator, obscure upvc double glazed window.
To the left hand side of the property there is a private entrance to First Floor Flat.
First Floor Flat:
Staircase to passaged landing.
Landing
With radiator.
Lounge 16ft 3 x 10ft 8
Having radiator, upvc double glazed window to front aspect.
Kitchen 8ft 10 x 6ft 1
With twin wall mounted units, single drainer sink unit, radiator, wall mounted boiler, plumbing for washing machine, upvc double glazed window, radiator.
Bedroom 10ft 1 x 10ft
With radiator, two built in wardrobes, upvc double glazed window to rear aspect.
Bathroom
With three piece suite comprising panelled bath, pedestal wash hand basin, low flush wc, radiator, obscure upvc double glazed window.
Outside
To the front of the property there is a hard standing area which could be suitable for off street parking, subject to planning permission from the local authority as there is currently no dropped kerb. Enclosed garden area.
Tenure
Freehold. Vacant possession on completion.
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 each lot is subject to a buyers fee of £750 (inc VAT) payable on exchange of contracts.
Viewings
By appointment with the auctioneers - 0115 958 8702.
*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
