Property description

NOTTINGHAM CITY CENTRE: FOR SALE BY THE MODERN METHOD OF AUCTION. Starting Bid Price £59,000, plus reservation fee. A fourth floor apartment in a fantastic location, at the heart of the City Centre and at the door step of the Ice Arena. With a tenant in situ this property would make for a fabulous investment.

The apartment consists of an entrance hall, bathroom, living room with dining area, two double bedrooms and a contemporary fitted kitchen. It also comes with permit only resident parking to the rear.

WHY SHOULD YOU VIEW:
It is quiet and private, yet just a stone's throw from the centre of Nottingham, providing a wide array of facilities and a hub of transport options right on the doorstep. Can be sold with a sitting tenant or with vacant possession. The property is currently let on an Assured Shorthold Tenancy at a rent of £495pcm.

Park View Court is a Grade II listed building which once housed local council workers. It can be found on Bath Street, opposite the leafy Victoria Park and next door to the newly renovated Victoria Leisure Centre.

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 Acknowledgment 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.

Property Features :

• 2 Double Bedrooms
• Off-Road Permit Parking
• Wooden Flooring Throughout
• Central Location
• Fourth Floor