Detached House
For Sale By Auction - Thursday 9th May 2013
At Nottingham Racecourse, Colwick Park, Nottingham NG2 4BE
Commencing at 11.30 am
Superb investment property
Two self contained flats sold fully furnished and equipped
Gas central heating and pvc double glazing
Current income £9240 per annum
Substantial plot
Potential to further develop (subject to planning consent)
Energy Efficiency Rating: E
An opportunity to acquire an extensive double fronted building which has been converted into two self-contained one bedroomed flats, located on Sneinton Hermitage in Nottingham, close to a full range of local amenities and within easy reach of the City Centre.
The property occupies a substantial plot and to the side there is an extensive yard currently providing off road parking for several vehicles. This could be further developed subject to obtaining the necessary planning consents to provide additional accommodation or storage.
The gas centrally heated and pvc double glazed accommodation briefly comprises:
Front entrance door giving access to
Flat 1
With galleried landing having doors off to the Lounge, Kitchen, Bedroom and Bathroom. Central heating radiator and pvc double glazed window.
Lounge 12ft 7 x 11ft 2
With pvc double glazed window to the front elevation and central heating radiator.
Kitchen 9ft 4 x 11ft 1
Fitted with a range of wall and base units comprising cupboards, drawers and work surfaces, with stainless steel sink unit, and including cooker, fridge freezer and washing machine, central heating radiator and pvc double glazed window to the rear elevation.
Bedroom 10ft 6 x 12ft 6
With central heating radiator and pvc double glazed window to the front elevation.
Bathroom
With pedestal wash hand basin, panelled bath with electric shower over and low flush wc. Central heating radiator and pvc double glazed window incorporating an opaque glazed unit to the side elevation.
Flat 2
Accessed from the rear of the property. Entrance to
Kitchen 9ft 4 x 11ft 4
Fitted with a range of wall and base units comprising cupboards, drawers and work surfaces, with stainless steel sink unit, and including cooker, fridge freezer and washing machine, doors off to bedroom, bathroom and living room.
Living Room 12ft 7 x 11ft 1
With pvc double glazed window to the front elevation and central heating radiator.
Bedroom 12ft 6 x 11ft 4
With pvc double glazed windows to the front and rear elevations, central heating radiator.
Bathroom
With wash hand basin, panelled bath with electric shower over and low flush wc, central heating radiator and pvc double glazed window.
Both flats are currently let on an assured shorthold tenancy and the current income for the property is £9240 per annum.
Please note that the flats are sold fully furnished.
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
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