property
For Sale By Auction - Tuesday 11 December 2012
At Nottingham Racecourse, Colwick Park, Nottingham NG2 4BE
Commencing at 11.30 am
Investment property generating £5,525 p.a
Three bedroomed mid-town house
Close to Dover Town Centre
A three bedroomed, bay fronted mid-town house with the benefit of two reception rooms, currently let on a six month assured shorthold agreement commencing 15th November and producing £5525p.a (£460 pcm).
The property requires a scheme of renovation and improvement and is situated approximately 1 mile from Dover Town Centre which offers a wide range of amenities.
The accommodation comprises three bedrooms, kitchen, two reception rooms and bathroom. Garden to rear.
Tenure
Freehold. Subject to tenancy.
Note
To comply with the Estate Agents Act 1979, we are required to advise prospective purchasers that the vendor of this property is a company associated with Graham Penny Auctions.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 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.