Guide Price £47,000*2% Plus Buyers Premium + VAT subject to a minimum of £3900+vat For sale by public auction.
05/08/2020. 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, .
This property is a purpose built first floor studio flat. The flat has an open plan living area and kitchenette area with a separate bathroom and balcony.
The studio flat is approached via a secure door, which leads to a communal entrance hallway. The front door provides access to the flats entrance hall with a family style bathroom. The entrance hall leads into the open plan kitchenette and living space. The living space in turn benefits from a separate door to the front aspect which provides for a spacious balcony looking out across Ruthin close.
Unconditional lot 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.
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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.