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237 Radford Road, Nottingham NG7 5GU

Lot no: 17 Sold at Auction for £172,000
 

Guide Price £100,000+ 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 29th September 2022

10.00am
Key Features
  • A three storey terraced property
  • Well positioned for Nottingham City Centre
  • EPC Rating: Awaited
  • Council Tax Band: A
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Sold at Auction for £172,000

Terraced House

Property Description:

Three storey terraced property.

The property is positioned within the Radford district of Nottingham, a well-established area boasting a good selection of both residential and commercial properties. The area is well served by way of transport links including a good local tram system and bus network. Access to both Nottingham City Centre and Nottingham Trent University is within easy reach, making the area popular with both home-owners and landlords.

The property hasn’t been inspected and the occupancy status cannot be confirmed however it is thought to be arranged as six lettable rooms, arranged over three floors.

Note

Please be advised that the auctioneers have not personally inspected the property. The property is being sold on behalf of mortgagees not in possession - no internal viewings are available and access will not be provided. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Buyers Fee:

The buyers fee on this lot will be 1% plus VAT of the sale price.

Tenure:

Freehold. See legal pack.



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 (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.


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 £1074 inc. VAT

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

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.

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.