Detached House
DRAFT DETAILS
For Sale By Auction - Tuesday 19th March 2013
At East Midlands Conference Centre, University Park, Nottingham, NG7 2RJ - Commencing at 11.30 am
Attractive large mid terrace property
Split into 4 x one bedroomed flats
Superb investment property achieving approx. £16,726 p.a gross
Popular residential location
Being sold on behalf of Joint LPA Receivers
Energy Efficiency Rating: D,C,D
The auctioneers have not inspected the property but believe it to comprise:
A large three storey mid terraced property divided into four, one bedroomed flats, providing a superb investment opportunity
Ground Floor
Flat 1 (front)
Flat 2 (rear)
First Floor
Flat 3
Second Floor
Flat 4
The property is conveniently located close to London Road, Highfields, is well served by local amenities and is close to the city centre and the professional quarters of the city.
We have been informed that all of the flats are let and the property achieves approximately £16,726 p.a. gross although we have not had the opportunity to verify the tenancy information.
Tenure
Freehold. Sold subject to any tenancies that may exist.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.
