property
For sale by auction - Friday 17th October 2014
At Nottingham Racecourse, Colwick Park, Nottingham, NG2 4BE
Commencing at 11.30am
Substantial seven bedroomed terraced property
Spacious and versatile accommodation
Much sought after location
Ideal investment property
EPC Rating: E
Situated in this much sought after convenient location off Derby Road is this substantial seven bedroomed terraced property, representing an excellent opportunity for an investor to acquire spacious and versatile accommodation in a very prominent location. Ideal investment opportunity.
We have been informed that the property had a HMO licence in November 2013.
The accommodation comprises:
On the Ground Floor:
Entrance Hallway
With stairs to first floor landing.
Bedroom One 12ft 7 x 12ft 8
With radiator, window to front aspect.
Separate WC
With low flush wc, wall mounted wash hand basin.
Bedroom Two 14ft 8 x 12ft 8
Having radiator, window to rear aspect.
Lower Ground Floor/Basement
Leads to
Breakfast Kitchen 12ft 5 x 11ft 9
With range of wall mounted and base units, single drainer sink unit with mixer taps, five ring gas hob, plumbing for washing machine.
Understairs Pantry
With radiator, upvc double glazed window to front.
Communal Lounge 13ft 4 x 12ft 4
Having radiator, door to rear aspect.
On the First Floor
Passaged Landing
With window to front aspect.
Bedroom Three 12ft 10 x 11ft 4
Having radiator, window to rear aspect.
Bedroom Four 12ft 1 x 11ft 9 into recess
With radiator, window to front aspect.
Bathroom
With white three piece suite, shower unit, extractor fan, radiator, tiled splashback areas.
On the Second Floor:
Landing
Bedroom Five 13ft x 10ft
With radiator, window to rear aspect.
Bedroom Six 12ft 10 x 11ft
Having radiator, window to front aspect.
Further Bathroom
With three piece suite comprising panelled bath, pedestal wash hand basin, low flush wc, extractor fan, storage cupboard, tiled splashback areas, obscure glazed window.
On the Third Floor:
Attic Bedroom Seven 16ft x 11ft
With Velux window, twin storage cupboard, radiator.
Outside
To the front of the property there is a front garden area.
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 deposits.
The sale of each lot is subject to a buyers fee of £750 (inc VAT) payable on exchange of contracts.
Viewings
By appointment with the auctioneers - 0115 958 8702.
*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.grahampennyauctions.com/glossary.
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