property
For sale by auction - Tuesday 3 November 2015
At Nottingham Racecourse, Colwick Park, Nottingham, NG2 4BE
Commencing at 11.30am
Modern one bedroomed town house
Quiet residential location
Gas central heating and double glazing
Ideal investment property
EPC Rating: D
Modern one bedroomed end town house, situated within a quiet and popular residential location, within easy reach of Nottingham and Derby and major road networks. The property benefits from gas central heating and upvc double glazing. Ideal investment opportunity. Viewing strongly advised.
The accommodation comprises:
On the Ground Floor:
Entrance Porch
Having upvc door.
Lounge 14ft x 10ft 9
With coal effect gas fire with marble inset and hearth, Adam surround, stairs to first floor landing, radiator, upvc double glazed window to front aspect.
Kitchen 11ft x 7ft 3
With white range of fitted wall mounted and base units, roll edge working surfaces, plumbing for washing machine, radiator, four ring gas hob, electric oven and extractor hood over, one and a quarter bowl sink with mixer taps, tiled splashback areas, integrated fridge, integrated freezer, wall mounted boiler, upvc double glazed window to rear.
Upvc Conservatory 8ft 8 x 5ft 9
With radiator and double glazed door leading to garden.
Bedroom One 10ft 9 x 10ft 10 into wardrobe.
With comprehensive range of fitted built in wardrobes and drawers, access to loft space, upvc double glazed window to front aspect.
Bathroom
With three piece suite comprising panelled bath, pedestal wash hand basin, low flush wc, twin built in storage cupboard, radiator, obscure upvc double glazed window.
Outside
Gardens to front and rear with a variety of shrubberies, plants and trees. Communal residents parking to side of property.
Tenure
Leasehold. Vacant possession on completion.
The property is held on a 99 year lease from 1975. We have been informed by the vendors that they have made contact with the freeholder and have been quoted £13,605 including solicitors fees to extend the lease by 90 years with a ground rent at £200 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 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.
