property
DRAFT DETAILS
For sale by auction - Thursday 15th May 2014
At East Midlands Conference Centre, Nottingham, NG7 2RJ
Commencing at 11.30am
Six double bedroomed investment property
HMO for 6 people
Upvc double glazing and fire alarms throughout
Situated close to Nottingham City Centre
Ideal investment opportunity currently achieving £26,522 p.a.
EPC Rating: C
2 Car parking Spaces
A large, 6 double bedroomed investment property, currently let to students and generating a rental income of £26,522 per annum until August 2014.
The property is situated close to Nottingham Trent University and has the benefit of gates access, upvc double glazing, fire alarms throughout and two allocated parking spaces.
The accommodation comprises:
Ground Floor Hallway
With radiator, smoke alarm system and access to living area and kitchen diner.
Living Room 16ft 1 x 9ft
With upvc double glazed window to the front elevation and smoke alarm.
Kitchen/ Diner 15ft x 12ft 2
Tiled floor, radiator and upvc double glazed window to the rear elevation. Gas hob with electric oven and extractor fan. Stainless steel sink and drainer with mixer taps and integral dishwasher, washing machine, dryer and American fridge freezer.
First Floor Landing
Bedroom One 11ft 11 x 7ft 5
Upvc double glazed window to the rear elevation, radiator and smoke alarm.
Bedroom Two 11ft 11 x 7ft 3
Bedroom Three 15ft x 6ft 11
Bathroom 4ft 6 x 8ft 7
Three piece bathroom suite with pedestal hand wash basin, w.c and corner bath. Tiled splash backs and electric shower, radiator.
Second Floor Landing
Bedroom Four 11ft 11 x 7ft 7
Bedroom Five 11ft 11 x 7ft 5
Bedroom Six 15ft x 6ft 11
Shower Room 4ft 6 x 8ft 7
Pedestal wash hand basin, shower cubicle, w.c, tiled splash backs and radiator.
All fixtures and fittings are included in the sale.
Tenure
Leasehold. 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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 deposits.
The sale of each lot is subject to a buyers fee of £750 (inc VAT) payable on the fall of the hammer.
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 deposits.
The sale of each lot is subject to a buyers fee of £750 (inc VAT) payable on the fall of the hammer.
