property
For Sale By Auction - Thursday 9th May 2013
At Nottingham Racecourse, Colwick Park, Nottingham NG2 4BE
Commencing at 11.30 am
Superb investment property
Current income £4776 pa
Two bedrooms
Close to city centre
Energy efficiency rating: E
A superb investment property. Tenanted two bedroomed mid terraced house currently producing an annual income of £4776 per annum.
Colborn Street connects to The Wells Road which connects to the A60 Huntingdon Street, approximately one and a quarter miles north east of Nottingham City Centre.
The accommodation comprises:
On the Ground Floor:
Lounge, Kitchen, Dining Room.
On the First Floor:
Two Bedrooms and Bathroom.
Outside
Enclosed rear yard.
Tenure
Freehold. Subject to tenancy.
Please Note:
We have not inspected this property internally.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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
