property
DRAFT DETAILS
For sale by auction - Thursday 15th May 2014
At East Midlands Conference Centre, Nottingham, NG7 2RJ
Commencing at 11.30am
Traditional three storey five bedroomed end terraced property
Currently housed as five student bedsits, generating £14,040 p.a.
Conveniently situated close to Nottingham City Centre
EPC Rating: E
Traditional five bedroomed three storey end terraced property with gas central heating and upvc double glazing. situated close to Nottingham City Centre and all its amenities, currently housed as five student bedsits, generating an annual income of approximately £14,040 per annum. The property also has fitted smoke alarms and fire doors. Ideal investment opportunity. Viewing highly recommended.
The accommodation briefly comprises on the Ground Floor:
Entrance Hallway
Leading to bedsit one and stairs to first floor landing.
Bedsit One
Communal Lounge
With double radiator, tiled flooring, access to cellar, upvc double glazed window to rear aspect.
Kitchen
Having a range of wall mounted and base units, single drainer sink unit, tiled flooring, four ring gas hob and electric oven, plumbing for washing machine, plumbing for dishwasher, tiled splashback areas, double radiator, single drainer sink unit, half obscure upvc door leading to side.
Downstairs WC
With low flush wc, wall mounted wash hand basin, tiled floor.
Separate Shower Room
Having shower tray and chrome shower unit, extractor fan.
On the First Floor:
Bedsit Two
Bedsit Three
On the Second Floor:
Bedsit Four
Bedsit Five
Outside
Small rear yard area.
Tenure
Freehold. Subject to tenancy.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 deposits.
The sale of each lot is subject to a buyers fee of £750 (inc VAT) payable on the fall of the hammer.