property
DRAFT DETAILS
For sale by auction - Friday 10th July 2015
At Nottingham Racecourse, Colwick Park, Nottingham NG2 4BE
Commencing at 11.30 am
Two bedroom cottage in popular location
Refitted kitchen and bathroom
Previous income £5400 per annum
EPC Rating: F
A superb investment property previously let and generating £5400 per annum, comprising of a quirky two bedroomed, three storey mid terraced cottage, popular for commuters with excellent transport links to Nottingham City and the M1 motorway network.
Situated on a private lane, enjoying elevated views close to the centre of Kimberley, with all of the amenities that it has to offer.
The accommodation briefly comprises:
Entrance Hall
With side entrance door and windows to the front elevation, quarry tiled floor and door to Lounge.
Lounge 12ft 8 x 11ft 11
With double glazed window to the front elevation, open fireplace, timber flooring, open plan staircase leading to the first floor.
Fitted Kitchen 12ft 8 x 6ft 3
Fitted with a range of wall and base units comprising cupboards, drawers and work surfaces with stainless steel sink units having mixer taps over. Range of integrated kitchen appliances, timber flooring and double glazed window to the rear elevation.
On the First Floor:
Landing
Bedroom One 11ft 9 x 10ft max
With double glazed windows to the front elevation.
Bathroom
Fitted with a three piece suite comprising a panelled bath, feature floating-style wash hand basin, low flush wc, ceramic wall tiling, airing cupboard housing hot water cylinder and double glazed window to the rear elevation.
On the Second Floor:
Bedroom Two 12ft 11 x 11ft 9 max
With double glazed window to the front elevation.
Outside
The property is approached via a private lane leading to off-street parking. Forecourt with pathway to front entrance door. To the rear of the property is a raised vegetable garden.
Note
The title deeds for the property have been lost therefore it
s likely that the property will be unmortgageable.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 fee of £750 (inc VAT) payable on the fall of the hammer.
Viewings
By appointment with the auctioneers - 0115 958 8702.
*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.grahampennyauctions.com/glossary.
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