Next auction Thursday 15th August 2.30PM

162A Victoria Road, Netherfield, Nottingham, NG4 2JF



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Guide price

£40,000 +


Property Type

Residential

Bedrooms

2


Key Features

  • 2 bedroom maisonette at first and second floors
  • Ground floor entrance off Godfrey Street
  • Includes a rear yard offering scope for re-use
  • In need of refurbishment and modernisation throughout
  • Close to Victoria Retail Park and Morrisons
  • A short distance from the centre of Netherfield
  • An internal viewing is highly recommended

Part of the 13 December 2016 auction
Nottingham Racecourse at 2.30PM

An opportunity to acquire a two bedroom maisonette with a small parcel of land at the rear offering scope for use as a garden, off-street parking or possible development, subject to planning.

  • For Sale by Public Auction on 13th December 2016 (unless Sold Prior) at Nottingham Racecourse, Colwick Park. Guide Price: £40,000 '+' An opportunity to acquire a two bedroom maisonette over first and second floors (with self contained entrance at ground floor). Includes a small yard area at the rear offering scope for use as a garden, off-street parking or redevelopment, subject to planning. The property is held on a 999 year long leasehold (virtual freehold) from July 1989. The property is situated at the corner of Victoria Road and Godfrey Street with good levels of on-street parking and a bus stop outside the property. The entrance is from Godfrey Street at ground floor level which leads straight into a lobby and stairwell to the first floor. At first floor is a central corridor with a lounge fronting Victoria Road and a kitchen and bathroom at the rear. The kitchen includes various low level cupboard units, sink and wall mounted cupboards. The bathroom includes a WC, sink and bath with hot water cylinder (not tested). A further staircase provides access to the second floor which has two bedrooms, one at the front and the other at the rear. The property has UPVC windows and heating is by electric storage heaters (not tested). The property is in need of refurbishment and general modernisation throughout. For a viewing contact Paul Giles on (0115) 78 44 600.

Refer to Rightmove for next viewing date

Fees

A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

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.

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.

Leasehold (virtual freehold) - 999 years from 20/7/1989

Email: markw@cleggssolicitors.com
Telephone: 0115 977 5801

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