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10 Penarth Rise, Nottingham, NG5 4EE

Lot no: 179 Sold Prior to Auction
 

Guide Price £125,000+ plus fees

Conditional with Reservation FeeOn the fall of the hammer, the successful bidder will enter into a Reservation Agreement with the seller and be granted an exclusivity period of 60 days to purchase the property (unless the Special Conditions of Sale specify a different timescale). The successful bidder must use the exclusivity period to proceed to exchange of contracts and complete the purchase. On the fall of the hammer, the successful bidder must immediately pay a non-refundable Reservation Fee of 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 Reservation Fee is subject to a minimum of £6,000.

Thursday 29th April 2021

10.00am
Key Features
  • Three bedroomed semi detached house
  • In need of modernisation and improvement
  • Convenient for access to both Mapperley and Sherwood
  • Excellent opportunity
  • EPC Rating: G
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Sold Prior to Auction

Semi-detached house

Property Description:

Penarth Rise sits between Mapperley and Sherwood and has access to both towns which have excellent amenities for families. Woodthorpe Park is situated close by for outdoor space and regular buses also service the area.

Hall: 6'8" x 16'6" (2.03m x 5.02m)

Double glazed door to hallway

Lounge: 10'5" x 16'6" (3.18m x 5.02m)

The lounge has double glazed window to the front aspect and fire set to a tiled hearth

Kitchen/Diner: 17'5" x 8'8" (5.31m x 2.63m)

The kitchen diner has double glazed patio doors leading outside, double glazed window overlooking the rear aspect and double glazed door leading to the side elevation

First Floor:
Landing : 7'7" x 12'2" (2.32m x 3.7m)

Double glazed window to the side aspect and the airing cupboard

Bedroom One : 9' x 10'6" (2.75m x 3.2m)

With double glazed window to the front elevation

Bedroom Two : 10'2" x 10'4" (3.1m x 3.16m)

With double glazed window to the rear aspect

Bedroom Three : 6'6" x 7'1" (1.97m x 2.16m)

With double glazed window to the front elevation

Bathroom : 5' x 5'7" (1.53m x 1.69m)

With two piece suite comprising of bath, wash hand basin and double glazed window to the rear

WC : 2'6" x 5'7" (0.76m x 1.69m)

With w.c and double glazed window

Outside:

The property has a driveway and gated access to the rear garden which is lawned, the front garden is also lawned

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 Conditional with Reservation Fee (England and Wales).

Contracts of sale will not be immediately exchanged. As the successful buyer, you will enter into a 40 business-day exclusivity agreement with the seller, in which to exchange contracts and complete. Please refer to our Auction Conduct Guide for further information on our auction types and sale methods.

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

Auction Fees:
The following non- refundable auctioneers fee applies:
• Reservation 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.