Property description

HYSON GREEN: TENANTED INVESTMENT For sale by Modern Method of Auction: Starting Bid Price £65,000 plus reservation fee. Located closely to Alfreton Road and Nottingham’s tram network, this three bedroom terraced house is ideal for those wanting easy access to the City and ring-road. To the ground floor, the property has two separate reception rooms, kitchen and shower room, whilst upstairs there are two double bedrooms to the front of the house, and a single to the rear.

WHY SHOULD YOU VIEW?
This property really is a blank canvas for somebody to make their own, or would suit a landlord that wishes to add to their portfolio. The house has uPVC double glazing and a modern combi boiler, and with good schooling, public transport, and local amenities close to hand the property ticks all of the 'Family Home' boxes. The property is currently let on an Assured Shorthold Tenancy at a rent of £500pcm

AUCTION DETAILS:
This property is for sale by The Midlands Property Auction powered by iam-sold.

This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer’s solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance.

Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% plus VAT subject to a minimum of £5,000 plus VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department.

Please note this property is subject to an undisclosed Reserve Price which is generally no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by The Midlands Property Auction powered by iam-sold Ltd.

TO VIEW OR MAKE A BID – Contact Granger & Oaks on 0115 962 9770, or bid on-line here http://www.iamsold.co.uk/auction/properties/da0893614d2b4934b47c2715c373c68d/details

Property Features :

• FOR SALE BY AUCTION
• Modern Combi Boiler
• Double Glazing
• Two Double Bedrooms
• Two Reception rooms