property
For sale by auction - Friday 10 July 2015
At Nottingham Racecourse, Colwick Park, Nottingham, NG2 4BE
Commencing at 11.30am
Two bedroomed first floor flat
Currently let at £395 per calendar month
Situated close to Nottingham City Centre and all its amenities
Requires upgrading and improvement
Ideal investment opportunity
EPC Rating: E
Two bedroomed first floor flat, currently let at £395 per calendar month, situated close to Nottingham town centre and all its amenities. The property requires upgrading and improvement. Ideal investment opportunity.
The accommodation comprises:
Communal door with stairs to first floor.
Entrance Hallway
With storage heater.
Lounge 13ft 8 x 11ft 8
With storage heater, double glazed window to front aspect.
Kitchen 7ft 2 x 7ft 6
With fitted range of wall mounted and base units, plumbing for washing machine, single drainer sink unit, washing machine, cooker, fridge, freezer included in the sale.
Bedroom One 12ft x 10ft 2
With window.
Bedroom Two 11ft 4 x 9ft 11
With storage heater and window.
Bathroom
With three piece suite comprising panelled bath, vanity wash hand basin with twin cupboard under, low flush wc, tiled splashback areas, shower and window.
Outside
Communal gardens.
Tenure
Leasehold. 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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 exchange of contracts.
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.
