fbpx
My Favourites
Free sales valuation
To register for remote bidding in our next National Property Auction click here

236 Edwards Lane, Nottingham, NG5 6EP

Lot no: 2 Sold at Auction for £97,500
 

Guide Price £78,000+ 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 9th August 2019

11.30am
Key Features
  • Three bedroomed end terraced property
  • Requires a full scheme of upgrading, modernisation and improvement
  • Gas central heating
  • Conveniently situated for access to Nottingham city centre, Nottingham City Hospital, Sherwood and Arnold
  • EPC Rating: E
Add to favourites
Sold at Auction for £97,500

End of terrace house

Property Description:

DRAFT DETAILS
Three bedroomed end terraced house which is in need of a full renovation, refurbishment and modernisation programme, located close to the city hospital, ring road leading to Arnold, Sherwood and Nottingham city centre as well as all local amenities. The accommodation includes living room, kitchen and downstairs bathroom. To the first floor there are three bedrooms. The property benefits from gas central heating and single glazing throughout. This property will be an ideal investment to any potential investor, landlord or first time buyer.

The accommodation comprises:

Ground Floor

Side door entrance to

Reception Hallway

With stairs leading to the first floor landing.

Lounge

With single glazed windows to front elevation leading into kitchen.

Kitchen

Comprising a range of base and wall units, stainless steel sink and drainer, two windows to the rear elevation, door leading into small lobby area which in turn leads into the downstairs bathroom.

Bathroom (not inspected)
Lobby Area

With back door leading to rear garden.

First Floor:
Landing
Bedroom One

With window to the front elevation.

Bedroom Two

With window to the rear elevation

Bedroom Three

With wash hand basin and window to rear elevation.

Outside

Garden area to front. There is a rear garden which comprises of a lawn, pathway, perimeter hedging and fence.

Tenure:

Freehold.


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.