Guide Price £55,000* Plus Buyers Premium of 2% subject to a minimum of £3900 plus VAT. For sale by public auction.
08/04/2020. Auction venue: Colwick Hall Hotel, Racecourse Road, Nottingham, NG2 4BH Registration starts at 6:30pm.
Registration starts 6.30pm. The legal pack can be downloaded from our website, .
2 Bed Apartment providing investment income of £6600 *Due to the current situation should the in room auction be unable to take place interested parties should note that our auction will still take place via live streaming over the internet*
For Online and Proxy bids registration ends at 12 noon on 8th April - To Register Please email: For all "in room" bidding registration starts at 6.30pm
A fantastic residential investment opportunity or first time buy. This property is set in an ideal location for commuters who wish to travel to either the city of Salford or Manchester. This two bedroom first floor apartment was constructed in 2007 and has its own parking space. Local amenities are within close proximity to the property.
This first floor apartment compromises of an entrance hallway, reception room, kitchen, two bedrooms and a bathroom. There is a communal garden and allocated parking space.
Buyers premium applies upon the fall of the hammer. The purchaser shall pay a 10% deposit. Plus, in addition a buyers premium of £3,900 + VAT upon exchange of contracts. The purchaser is reminded that both the buyer and the vendor are legally bound by these terms to buy/ sell the lot.
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Guide Price: The “Guide Price” an indication of the seller’s minimum acceptable price at auction. The guide price can be shown in the form of a minimum and maximum price range, or as a single price figure. This is subject to change up to and including the day of the auction and will not necessarily be the final selling price at auction.
Reserve Price: The “Reserve Price” is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. This is normally set within the guide price range or within 10% of a single guide price. The reserve price is not disclosed and is subject to change up to and including the day of the auction.
Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK's website.