property
For Sale By Auction - Thursday 9th May 2013
At Nottingham Racecourse, Colwick Park, Nottingham NG2 4BE
Commencing at 11.30 am
Excellent investment opportunity in a sought after residential location
1 x 3 bed flat and 8 lettable rooms
Detached Edwardian property with a south facing garden
Off road parking and garage
Energy Rating F
Development/Investment opportunity - An excellent opportunity to acquire a large detached Edwardian property in the prime location of Mapperley Park Conservation Area. Situated within 2 miles of Nottingham City Centre with many local amenities.
Previously used as an investment property with 10 lettable rooms and a self-contained 3 bedroomed flat, achieving over £25,000 p.a. The property offers excellent development investment potential, or alternatively could be used as a substantial family home.
The property occupies a substantial plot with a good sized south facing rear garden, ample off street parking and a garage.
Please Note: The Auctioneers have not inspected the property internally, but believe it to comprise:
Basement
Ground floor
Five Bedrooms
Breakfast Room
Kitchen
Pantry
Bathroom
First Floor
Kitchen
Living Room
Three Bedrooms
Second Floor
Three Bedrooms
Outside
Substantial plot with good size south facing rear garden, ample off street parking and garage.
Tenure
Freehold. Vacant possession on completion.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.
