property
For Sale By Auction - Thursday 4th July 2013
At Nottingham Racecourse, Colwick Park, Nottingham NG2 4BE
Commencing at 11.30 am
Three bedroomed semi-detached property (four letting rooms)
Currently let to three tenants achieving £8,160 p.a.
Detached garage and rear garden
Popular rental area close to University & QMC
EPC rating: D
An excellent investment property in the Dunkirk area close to the Queens Medical Centre and the University of Nottingham. The property would benefit from some cosmetic updating and improvement.
The property is currently let to three tenants for the following amounts:
£250 pcm - until 01/09/2013
£250 pcm - until 07/10/2013
£180 pcm - until 30/06/2013
The property comprises;
Entrance porch
Entrance hall
Lounge 12ft (13ft 5 into bay) x 11ft 7
Ground floor bedroom 12ft 10 x 11ft 7
Kitchen 9ft 5 x 6ft 10
First floor landing
Bedroom One 12ft 10 x 11ft 7
Bedroom Two 12ft 10 x 11ft 7
Bedroom Three 9ft x 6ft 11
Bathroom
Outside
Rear garden and detached garage.
Tenure
Freehold. Subject to tenancy.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.
