property
DRAFT DETAILS
For sale by auction - Thursday 11 February 2016
At Nottingham Racecourse, Colwick Park, Nottingham, NG2 4BE
Commencing at 11.30am
Modern four bedroomed ground floor flat
Fully let generating approximately £13,680 per annum
Gas central heating
Situated on a private development with secure gated access
Conveniently situated close to Nottingham City Centre
EPC Rating: C
Modern purpose built four bedroomed ground floor flat on a private development with secure gated access, which benefits from gas central heating and residents parking, situated close to Nottingham City Centre. Currently fully let providing a rental income overall of £13,680 per annum. (let on a room by room basis, two rooms let at £270 per calendar month each and two rooms at £300 per calendar month each)
The accommodation comprises:
Entrance Hallway
Passaged Inner Hallway
Communal Lounge/Kitchen 19ft 9 x 11ft 6
With a range of wall mounted base units, roll edge working surfaces, radiator, upvc double glazed window to front aspect.
Shower Room
Having shower cubicle, pedestal wash hand basin, low flush wc, radiator and tiled flooring.
Four Separate Bedrooms
(Not inspected by the auctioneers)
Tenure
Leasehold. Subject to tenancy.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.
