Detached House
For Sale By Auction - Tuesday 19 March 2013
At East Midlands Conference Centre, University Park, Nottingham,NG7 2RJ
Commencing at 11.30 am
Superb investment property
Producing circa £20,000
Central location
Close to all amenities
Energy Efficiency Rating: D
A superb substantial investment property, currently generating circa £20,000 per annum.
The property is situated on Outram Street, close to the centre of Sutton in Ashfield and within easy reach of a full range of local amenities. The current owners have operated the property with individual letting rooms for the last 19 years and have a number of tenants who have been in occupation for some considerable time.
The property is gas centrally heated and has the benefit of part sealed unit double glazing, along with a hard wired fire alarm system.
The accommodation in brief comprises:
Ground Floor:
Entrance Hall
With timber entrance door incorporating an opaque glazed unit, glazed unit above, central heating radiator and dado rail. Doors off to Three Letting Rooms, Lounge, Kitchen and Bathroom.
Letting Room One
With window to the front elevation, central heating radiator and fitted kitchen units.
Letting Room Two
With two windows to the front elevation, two central heating radiators and fitted kitchen units.
Communal Lounge
With window to the rear elevation and central heating radiator.
Bathroom
With low flush WC, pedestal wash hand basin, shower enclosure and central heating radiator.
Kitchen
Fitted with a range of wall and base units comprising cupboards, drawers and work surfaces with inset twin stainless steel sink unit. Electric oven, gas hob with extractor unit over. Window and door to rear elevation.
Bathroom
With shower enclosure, low flush WC and wash hand basin.
Letting Room Three
With window to the rear elevation and central heating radiator
First Floor:
Landing
With doors off to further letting rooms and bathroom.
Shower Room
With shower enclosure and wash hand basin.
Separate WC
With wc and wall mounted wash hand basin.
Letting Room Four
With windows to the front elevation and central heating radiator
Letting Room Five
With window to the front elevation and central heating radiator.
Letting Room Six
With window to the front elevation and central heating radiator.
Letting Room Seven
With window to the rear elevation and central heating radiator.
Letting Room Eight/Store Room
With window to the rear.
Outside
To the rear of the property there is a laundry room with access to the rear of the property, beyond which is a car park providing off road parking for three cars.
Tenure
Freehold. Subject to tenancies.
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 £500 (plus VAT) payable on the fall of the hammer.
