property
DRAFT DETAILS
For Sale By Auction - Tuesday 20th March 2012
At Nottingham Racecourse, Colwick Park, Nottingham NG2 4BE
Commencing at 11.30 am
A superb investment property currently configured as two lettable apartments within a converted palisaded Victorian property. Each property has its own private access, with each property having an entrance hall, kitchen, bathroom, bedroom and lounge-diner. Both properties are currently let on assured shorthold tenancies and produce £7200 per annum. The properties are conveniently located for a range of amenities and services and are within easy access to transport and the trams. The properties have undergone a scheme of improvements and have both had refitted kitchens and bathrooms. The accommodation comprises:-
Ground Floor Apartment
With side entrance door leading into the Kitchen.
Kitchen 10ft6 x 7ft9
With central heating radiator and window to the side elevation, fitted with a range of wall and base units.
Bathroom
With window to the rear elevation, panelled bath, low level WC and pedestal wash hand basin.
Bedroom 10ft5 x 13ft2
With wooden flooring, window to the rear elevation and central heating radiator.
Lounge-Diner 11ft7 x 15ft6
With bay front double glazed window to the front elevation and central heating radiator.
First Floor Apartment
Entrance Hall
With entrance door to the front elevation and stairs leading to the apartment.
Kitchen 10ft5 x 8ft3
With window to side elevation and fitted with a range of wall and base units comprising cupboards, doors and working surfaces, four-ring gas hob, basin and drainer.
Bathroom
With panelled bath and wash hand basin. Central heating radiator and window to side elevation.
Separate WC
With low flush WC and window to side elevation.
Bedroom 13ft10 x 10ft5
With window to the rear elevation and central heating radiator.
Lounge-Diner 16ft6 x 12ft9
With windows to front elevation and two central heating radiators.
Outside
To the rear of the property there is a communal garden.
Directions
Leaving Nottingham City Centre on the A610 Alfreton Road heading north west toward Upper College Street, continue to follow the A610. Turn right onto Stockhill Lane, (B6004). Turn left onto Western Boulevard (A6514) and then right onto Sherwood Rise (B682). Egypt Road is then the 6th turning on the right hand side, the property will be found easily identifiable by our For Sale board.
Vendors Solicitors/Licensed Conveyancers
John M Lewis Solicitors, 92 St Peters Street, Derby.
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 or 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 or credit card deposits.
The sale of each lot is subject to a buyers contract handling fee of £495 (inc VAT) payable on the fall of the hammer.
Superb Investment Property
Currently producing £7200 per annum
Two lettable apartments
Close proximity to transport and trams
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