Flat
For Sale By Auction - Thursday 12th September 2013
At Nottingham Racecourse, Colwick Park, Nottingham NG2 4BE
Commencing at 11.30 am
Modern two bedroom 1st floor apartment
Excellent investment opportunity
Let on an assured shorthold agreement at £5,100 p.a.
Modern and well-appointed accommodation
Energy Efficiency Rating : C
Occupying a popular and convenient location close to the heart of Ripley town centre this modern purpose built two bedroomed first floor flat is let on an assured shorthold tenancy and produces £5,100 per annum.
The well-appointed modern accommodation briefly comprises entrance hall, spacious living kitchen, master bedroom with en-suite shower room, further bedroom and bathroom.
Ripley is a popular town with a good range of amenities available locally including shops, schools and leisure facilities.
Entrance Hall
Spacious Living Area / Kitchen
Master Bedroom With En-Suite Shower Room
Further Bedroom
Bathroom
Tenure
Leasehold. We understand the flat is held on a lease for
a term of 99 years from 23rd December 2011 and the current ground rent is £240.00 per annum.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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
