property
For sale by auction - Tuesday 8 September 2015
At Nottingham Racecourse, Colwick Park, Nottingham, NG2 4BE
Commencing at 11.30am
Substantial four bedroomed period residence
Gas central heating
Currently believed to be let at £500 per calendar month
Well established area close to Nottingham City Centre
EPC Rating: F
Substantial four bedroomed gas centrally heated period terraced residence in this popular well-established area, within easy reach of the City Centre and a wide range of amenities. Ideal investment opportunity. Currently believed to be rented out on an assured shorthold tenancy at £500 per calendar month. (£6,000 per annum).
The accommodation comprises:
On the Ground Floor:
Entrance Hallway
With radiator, stairs to first floor landing.
Lounge
Having window to front aspect.
Dining Room 13ft 10 x 11ft 7
Having radiator, window to rear aspect.
Kitchen 10ft 10 x 7ft 9
With a fitted range of wall mounted and base units, roll edge working surfaces, single drainer sink unit, plumbing for washing machine, door to side, window to rear aspect.
On the First Floor:
Landing
Bedroom One 15ft 1 x 14ft 9
Having radiator, bay window to front aspect.
Bedroom Two 13ft 9 x 9ft 1
With radiator, window to rear aspect.
Bathroom
Having three piece suite comprising panelled bath with electric shower unit and attachment over, pedestal wash hand basin, low flush wc, obscure glazed window.
On the Second Floor:
Bedroom Three 13ft 9 x 9ft 3
With radiator, window to rear aspect.
Bedroom Four 14ft 9 x 12ft 3
Having radiator, window to front aspect.
Outside
Small rear yard.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 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.
