property
DRAFT DETAILS
For sale by auction - Tuesday 22 March 2016
At Nottingham Racecourse, Colwick Park, Nottingham, NG2 4BE
Commencing at 11.30am
Individual double fronted detached house
Three bedrooms
Requiring complete upgrading /modernisation
Generous plot with scope for development
EPC Rating: G
Individual double fronted two storey detached house in poor condition requiring complete upgrading/modernisation. The property is situated on a generous plot with ample potential for off road parking. Ideal opportunity for a builder seeking a refurbishment project/complete re-development, subject to planning. Please note the property will be sold as seen.
We have been informed by the vendor that owing to the property being empty longer than 2 years the property is entitled to reduced rate of VAT for the refurbishment work necessary.
The accommodation comprises:
Entrance Porch
Stair to first floor landing
Lounge 11ft 9 x 11ft 9
Window to front aspect
Sitting Room 12ft 2 x 13ft 2
Window to front aspect
Living Room 12ft 3 x 6ft 5
Window to rear aspect
Potential Kitchen Area 6ft 3 x 5ft10
First Floor Landing
Bedroom One 11ft 9 x10ft 10
Window to front aspect
Bedroom Two 12ft x 8ft 4
Window to rear aspect
Bedroom Three 11ft 5 x 11ft 6
Bathroom 12ft x 6ft5
Window to rear aspect. Cast iron bath and vanity wash hand basin.
Outside
Good size plot to the rear of the property with potential for ample off street parking.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 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.
