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14 Gibson Road, Forest Fields, Nottingham, NG7 6PT

Lot no: 8 Sold at Auction for £82,000
 

Guide Price £65,000+ 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.

Thursday 25th October 2018

11.30am
Key Features
  • Two bedroomed terraced house
  • Gas central heating and double glazing
  • Requires modernisation and improvement
  • Popular residential location in the heart of Forest Fields
  • EPC Rating: E
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Sold at Auction for £82,000

Terraced House

Property Description:

DRAFT DETAILS
Traditional two bedroomed terraced house situated within the heart of the Forest Fields area which offers a wide range of amenities and easy access to Nottingham city centre. The property requires upgrading and improvement, however benefits from gas central heating and upvc double glazing. In brief, the accommodation comprises lounge, sitting room, kitchen and first floor landing leading to two bedrooms and shower room. Enclosed rear garden. Ideal investment opportunity.

The accommodation comprises:

Ground Floor:
Lounge

10ft 8 x 10ft 5
With radiator, upvc double glazed window to front aspect.

Sitting Room

11ft x 10ft 5
With radiator, upvc double glazed window to rear aspect.

Kitchen

7ft 5 x 5ft 2
With range of wall mounted and base units, roll edge working surfaces, single drainer sink unit, wall mounted boiler, door to side, upvc double glazed window to side.

First Floor:
Landing
Bedroom One

11ft x 10ft 4
With radiator, upvc double glazed window to front aspect.

Bedroom Two

11ft 8 x 7ft 5
With radiator, upvc double glazed window to rear aspect.

Shower Room

Comprising shower cubicle with electric shower unit, low flush wc, pedestal wash hand basin, radiator, obscure upvc double glazed window to side.

Outside

Enclosed rear garden.

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.