Property description

Auction guide price £40,000 plus
Flat
To be offered at Auction in May 2016 (unless sold prior)
**Residential Investment**
A one bedroom mid floor open plan studio flat with easy access to the City centre currently vacant, previously let at £4,200 p.a maybe subject to a new tenancy at time of auction making it an ideal investment opportunity.

TENANCY/INCOME INFORMATION:

Currently vacant recently let achieving £350pcm / £4,200 p.a KEY FEATURES
* FOR SALE BY AUCTION
* INVESTMENT PROPERTY
* 1 bed first floor flat
* FOR SALE BY AUCTION in May
* AT DONCASTER RACECOURSE AT 7PM
FULL DESCRIPTION
LOCATION: Tavistock Court is located in a popular of area Nottingham with transport routes on the door step and close to local amenities and the City Centre.

ACCOMMODATION: Communal entrance hall with lift access. Entrance hall leads to Shower Room open plan Bedroom, Reception/Kitchen.

TENANCY/INCOME INFORMATION:

Currently let on an AST achieving £350pcm / £4,200 p.a

EPC RATING: Rating C

TENURE: Leasehold of 999 years from July 2004 with 987 Years remaining.

JOINT AGENTS: Screetons Auctioneers

VIEWINGS: Strictly by appointment with the auctioneers 01405 765265

NB: At the time of printing the property has not been internally inspected by the auctioneers

Guide Price - Guide Price: An indication of the sellers current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the acceptable price (reserve) would fall. A guide price is different to a reserve price. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. As soon as is practicable we will update the website. Prospective bidders should regularly check for guide price updates including on the day of the auction itself.