Detached House
For Sale By Auction - Thursday 9th May 2013
At Nottingham Racecourse, Colwick Park, Nottingham NG2 4BE
Commencing at 11.30 am
Excellent potential
Currently let at £425 per calendar month
Previously had planning consent to demolish and build two properties
Substantial plot
EPC Rating: Tbc
A superb investment property, currently generating £425 per calendar month, situated in Thorneywood, Nottingham, close to a range of local amenities. The property has previously had planning consent to demolish the existing dwelling and construct two new properties. This has now lapsed. The property occupies a substantial plot and subject to obtaining the necessary planning consent offers excellent potential to further develop.
The accommodation comprises:
On the Ground Floor:
Lounge
Dining Room
Kitchen
On the First Floor:
Two Bedrooms
Bathroom
Outside:
The property occupies a substantial plot with gardens to the front, side and rear.
Tenure
Freehold. Vacant possession on completion.
Conditions Of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale 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 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.
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 credit card deposits.
The sale of each lot is subject to a buyers contract handling fee of £500 (plus VAT) payable on the fall of the hammer.
