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27 Lyndhurst Road, Sneinton, Nottingham, NG2 4FW

Lot no: 2A Sold at Auction for £75,500
 

Guide Price £63,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Friday 7th July 2017

11.30am
Key Features
  • Three bedroomed terraced property
  • Requiring upgrading and improvement
  • Part gas central heating
  • Close to a wide range of amenities and within easy reach of Nottingham city centre
  • EPC Rating: E
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Sold at Auction for £75,500

Terraced House

Property Description:

Traditional three bedroomed terraced property requiring upgrading and improvement. Situated within this popular residential location, close to a wide range of amenities and within easy reach of Nottingham city centre. This three storey property requires modernisation and upgrading but does benefit from part gas central heating. We believe it has also previously been let at £575 per calendar month. Ideal investment opportunity.

The accomodation breifly comprises:

Ground Floor:
Lounge

10ft 6 x 11ft 3
WIth window to front aspect.

Sitting Room

12ft 3 x 11ft
WIth window to rear aspect.

Kitchen

13ft 11 x 5ft 3
With range of wall mounted and base units, roll edge working surfaces, radiator, single drainer sink unit, window to side, door to rear aspect.

First Floor:
Landing
Bedroom One

10ft 8 x 10ft 4)
With window to front aspect.

Bedroom Two

11ft 3 x 9ft
With radiator, window to rear aspect.

Bathroom (off bedroom two)

Comprising panelled bath, pedestal wash hand basin, low flush wc, obscure upvc double glazed window.

Second Floor:
Bedroom Three

13ft 5 x 8ft 7

Outside

Small rear yard.

Tenure:

Freehold. Vacant possession upon completion.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will 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. A full definition can be found within the Buyers Terms.