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20 Tring Vale, Nottingham, NG5 1NZ

Lot no: 6 Sold at Auction for £171,000
 

Guide Price £100,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 28th January 2021

10.30am
Key Features
  • Semi Detached Property in need of Modernisation
  • Two Reception Rooms
  • Fitted Kitchen
  • Bathroom and Separate WC
  • EPC Rating: G
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Sold at Auction for £171,000

Semi-detached house

Property Description:

This semi detached home is offered to the market with no
upward chain, and in need of full refurbishment throughout.

The property provides accommodation arranged over two floors
which includes an entrance hall, a dual aspect lounge, a dining
room and a kitchen to the ground floor, with the first floor landing giving access to three bedrooms, the bathroom and separate wc.

Benefiting from gas central heating (not tested), the property
occupies a good size plot and has an enclosed garden to the front and rear, which are also in need of attention.

Situated close to the City Hospital, and with main road routes and local transport links giving easy access to Nottingham City Centre and the Queens Medical Centre, the property will make an ideal investment purchase

Timber Entrance Door
Entrance Hall

Radiator, ceiling light point, doors to the lounge and the

Dining Room

Windows to the front and side elevations, radiator, ceiling light point.

Lounge

A dual aspect room with windows to the front and rear elevations, ceiling light point, radiator, door to the

Kitchen

Fitted with a range of wall and base units, roll edge work
surfaces, stainless steel sink and drainer unit with a mixer tap, integrated oven and a four ring gas hob. Windows to the side and rear elevations, under stairs storage cupboard, serving hatch to the dining room, wall mounted combination boiler housed in a cabinet, tiled flooring, timber door leading out to the rear garden.

First Floor Landing

Window to the rear elevation, ceiling light point, loft access
hatch, storage cupboard, doors into three bedrooms, the family bathroom and separate WC.

Bedroom One

Window to the front elevation, ceiling light point, radiator

Bedroom Two

Windows to the front and side elevations, ceiling light, radiator

Bedroom Three

Window to the rear elevation, ceiling light point, radiator

Separate WC

Window to the rear elevation, ceiling light point. Fitted with a low flush wc.

Bathroom

Fitted with a panelled bath with an electric shower and
concertina screen over, and a pedestal wash hand basin.
Window to the rear elevation, ceiling light point, heated towel rail.

Outside

The front garden is enclosed by picket fencing, and has
established trees and bushes, and a pathway leading to the
entrance door. There is also a fully enclosed garden to the rear of the property. Both gardens are overgrown and in need of attention.

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 Variable Fee (England and Wales).

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 fees apply:

  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

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 Price
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.