Next auction Thursday 15th August 2.30PM

9 Forster Avenue, Newark, Nottinghamshire, NG24 4PF



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Guide price

£55,000+


Property Type

Residential

Bedrooms

2


Key Features

  • Long leasehold two bedroom maisontte subject to an AST at £465 pcm
  • Located in Hawtonville close to Newark

Part of the 8 December 2022 auction
The Nottingham Racecourse at 2.30PM

Long leasehold two bedroom masionette subject to an AST at £465 pcm, in Hawtonville close to Newark town centre

  • Located in Hawtonville a popular rental location
  • Close to Magnus C of E Academy and Magnus School
  • A short walk to Newark Sports & Fitness Centre
  • Excellent transport links to Newark and Nottingham city centre
  • Train from Newark to London is 1 hour and 30 minutes
  • Close to local shops, pubs and amenities
  • GF: Entrance with staircase to FF
  • FF: 2 x Double bedrooms, living/dining, kitchen, family bathroom
  • Currently let on an AST producing £465 pcm
  • Rent increase to £480 pcm in January 2023
  • Scope to increase rent further
  • Ideal for investors

Contact Auction Estates on 0115 7844 600

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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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.

Long leasehold of 125 years commencing from 1993 subject to an AST producing £465 pcm

Refer to Legal Pack

Email: holliewatkins@bannerjones.co.uk
Telephone: 01623 675800

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