Detached House
DRAFT DETAILS
For sale by auction - Thursday 3 July 2014
At Nottingham Racecourse, Colwick Park, Nottingham, NG2 4BE
Commencing at 11.30am
Being sold on behalf of the Joint LPA Receivers
Excellent investment property
Fully let from 01/09/2014 for 48 weeks achieving £21,840 exclusive
Substantial 7 bedroomed terraced property
Sought after and convenient location
EPC Rating: D
Occupying a much sought after and convenient location off Derby Road, this substantial seven bedroomed terraced property presents an excellent opportunity for the investor to acquire spacious and versatile accommodation in a very prominent location.
The property is within easy reach of an excellent range of local amenities including shops, schools and leisure facilities with easy access to Nottingham City centre which is approximately half a mile away.
Ground Floor
Entrance Hall
Bedroom One 4.01m x 2.62m
Bedroom Two 3.94m x 3.48m
Separate wc.
Lower Level
Kitchen 4.06m x 3.7m
Living Space 3.94m x 3.2m
Rear Lobby.
First Floor
Bathroom 2.72m x 1.88m
Separate Shower Room
Bedroom Three 5.16m x 2.74m
Bedroom Four 3.96m x 2.08m.
Second Floor
Bedroom Five 2.8m x 2.95m
Bedroom Six 4.98m x 2.8m
Bedroom Seven 3.94m x 2.06m.
Outside
Lawned garden to the front.
Tenancy Information
The property is fully let from 01/09/2014 for 48 weeks to
7 students at a rental income of £65 a week excluding bills.
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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 deposits.
The sale of each lot is subject to a buyers fee of £750 (inc VAT) payable on the fall of the hammer.
