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Terraced House in Sutton in Ashfield

4 Downing Street, Sutton in Ashfield, Nottinghamshire NG17 4EF

Lot no: 6 Property type: Terraced House Auction type: Unconditional with Fixed FeeWhere exchange occurs immediately on the fall of the gavel. The successful bidder will be legally obliged to exchange contracts, pay a 10% deposit (subject to a minimum of £5,000) together with the buyers fee of £1074 and complete within a set time period.

Guide Price* £45,000+plus fees Result Sold at Auction £51,000



Two Bedroomed Mid Terrace

Property Description

A two bedroomed mid terrace property located in the sought after location of Sutton in Ashfield. The property benefits from a new gas cooker installed 2017, electric smoke detector on each floor, combination boiler installed in December 2011 and NICEIC Electric certificate issued in August 2017. The property comprises of lounge, kitchen, two bedrooms, bathroom and garden to the rear. Benefits from gas central heating and Upvc double glazing. Located close to local amenities and transport links to Sutton in Ashfield town Centre. The property would make an excellent investment as it benefits from a full selective housing licence with certificate from February 2018. The last received a rental income of £395pcm, however now has the potential to achieve £425pcm according to a local letting agent. The accommodation briefly comprises of:

Ground Floor
Inner Hallway

With stairs leading to first floor

Lounge

11ft 6 x 11ft
With Upvc door and window to the front, radiator and cupboard housing the gas and electric meters and updated consumer unit

Breakfast Kitchen

11ft 3 x 8ft 3
With base and eye level units, work surfaces, stainless steel sink unit and single drainer. Built- in electric oven and gas hob (not tested). Upvc window to the rear, door to the garden and access to the cellar.

First Floor
Landing

With staircase providing access to the second floor bedroom

Bedroom One

11ft 6 x 11ft
With Upvc window to the front and radiator

Bathroom

Three piece white suite comprising panelled bath, wash hand basin and wc. Cupboard housing the combination boiler, built in storage cupboard, Upvc window and radiator

Second Floor
Attic Bedroom

10ft 10 x 10ft 3
With double glazed skylight and radiator

Outside

Enclosed rear garden

Tenure

Freehold. Vacant possession upon completion.


Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers prior to the auction 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 the auction. 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.

A 10% deposit is payable on the fall of the gavel, subject to a minimum of £5,000.

*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, 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. 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 the Guide Price and the Reserve Price click here.

Energy Performance Certificates
EPCs can be viewed in full in the lot information section at the top of this page or in the legal pack.

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 or cheque deposits. Remote bidding facilities are also available.

Auction Fees
The sale of each lot is subject to a buyer’s fee of £1,074 inc VAT (£895 + VAT) (unless otherwise stated in the important notices), payable on the fall of the hammer.

The purchase of this property may include associated fees not listed here. Any additional fees will be confirmed in the legal pack which can be downloaded from our website from the lot information section above. Or to find out more about any additional fees associated with this property please contact the auction office.