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7 Tippett Court, Nottingham, NG3 2HP

Lot no: 33 Sold at Auction for £70,000
 

Guide Price £60,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Friday 20th October 2017

11.30am
Key Features
  • Well presented two bedroomed twin floor maisonette
  • Believed let circa £5760 per annum for the last three years
  • Benefits from the cost effective 'District Heating' system
  • Internal inspection strongly recommended
  • EPC Rating: D
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Sold at Auction for £70,000

Maisonette

Property Description:

DRAFT DETAILS
Well presented twin floor maisonette situated within easy reach of a full range of local amenities with excellent public transport links to Nottingham city centre. Offering well proportioned two bedroomed living accommodation which we believe has been let for the last three years at £480 per calendar month, producing £5760 per annum. The property benefits from the cost effective 'District Heating' system supplied to the area and we have been informed that the tenants are moving out during the first week of October. Internal inspection is strongly advised to fully appreciate this excellent investment opportunity.

The accommodation comprises:

Ground Floor:
Entrance Hallway

With storage cupboard, walk in cupboard, obscure upvc door to front.

Kitchen

With fitted range of wall mounted and base units, roll edge working surfaces, single drainer sink unit, four ring ceramic hob, oven and extractor hood over, plumbing for washing machine, radiator, upvc double glazed window to front aspect.

Lounge

With laminate wood flooring, upvc double glazed windows to rear elevation.

Ground Floor Hallway

With staircase and doors off to bedrooms and bathroom, radiator.

Bedroom One

With radiator, storage cupboard, upvc double glazed window to front elevation.

Bedroom Two

With radiator, upvc double glazed window to rear elevation.

Bathroom

With panelled bath, pedestal wash hand basin, radiator, obscure upvc double glazed window.

Separate WC

With low flush wc.

Outside

To the front of the property there is a manageable garden laid to lawn with gravel area and steps leading to entrance gate.

Tenure:

Leasehold. Vacant possession upon completion.



Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will 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. A full definition can be found within the Buyers Terms.