*FOR SALE BY ON-LINE AUCTION - 16th DECEMBER 2020 * PRE-AUCTION OFFERS CONSIDERED * CASH PURCHASE ONLY*
WHAT A VIEW! Overlooking the River Trent and Trent Bridge, this one bedroom first floor flat is in a fantastic location with communal parking and a handy convenience store directly in front of the building. The property is also close to a wealth of amenities, bars and restaurants and only around half a mile from West Bridgford's thriving shopping area! Entrance hallway, kitchen, shower room and both the lounge and bedroom have direct access on to the rear balcony. Although the property needs modernising, it represents an excellent investment opportunity. Double glazed, electric heating, communal lift and for sale with no upward chain! AUCTION PACK AVAILABLE ON REGISTRATION.
Communal Entrance Hallway
Stairs and lift to fist floor, with entrance door to the flat hallway.
With meter cupboard, storage cupboards, cloaks cupboard and electric radiator.
With river views from rear aspect window, fireplace with electric fire, electric radiator and door leading on to the balcony.
18'8 x 8'11
Basic fitted wall and base cupboards with worktops and a stainless steel sink unit and drainer. Electric cooker point, plumbing for washing machine and rear window with river views.
11'1 reducing to 8'8 x 5'7
With electric radiator and window with river views, door leading on to the balcony.
12'11 x 8'10
Consisting of a walk in shower, pedestal washbasin and toilet. Electric heated towel rail and rear window.
Communal parking to the front of the building.
Tenure - LEASEHOLD
Understood to be Leasehold
**The lease information below has been provided to Marriotts by the Vendor and to the best of their knowledge is correct, whilst every effort has been made to ensure the information is up to date, this can be subject to change without our knowledge and we therefore provide this as a guide only.
Full details of the freeholder, management company, lease, service change and ground rent will be supplied to you as part of the conveyancing process and checked by your solicitor should you proceed to purchase this property.
LEASE 99 years from 1976 - 44 years remaining
GROUND RENT - £30 Per Annum
SERVICE CHARGE - £1200 Per Annum
1.These particulars, including the text, photographs and floorplans, whilst believed to be accurate are for general guidance only and do not constitute any part of an offer or contract. Any measurements or distances are approximate. The property's services, appliances, heating installations, plumbing and electrical systems have not been tested and intending purchasers are advised to make their own independent enquiries and inspections.
2.No person in the employment of Marriotts has the authority to make or give any representation or warranty in respect of the property, and they assume no responsibility for any statement made in these particulars.
3.No responsibility can be accepted for any expense or loss incurred before, during or after a property viewing arranged by Marriotts.
4.Money Laundering - Marriotts are required by law to ask any prospective purchaser proceeding with a purchase to provide two forms of identification i.e. Passport or photo card driving license and a recent utility bill or bank statement. We are also required to obtain proof of funds and provide evidence of where the funds originated from.
This property is offered for sale by the modern method of auction' through an Online Auction. This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform.
The winning bidder, assuming the reserve is met, is granted exclusivity of the property at the winning bid price for 28 days in which they must exchange or the vendor is free to remarket the property and the reservation fee will not be returned. The auction will run for 3 hours on a set date and time chosen by the vendor of the property. Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £4,800 inclusive of VAT. The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives.
We strongly recommend that you review the legal documents prior to bidding and seek legal advice. PLEASE REMEMBER THAT THE RESERVATION FEES ARE PAYABLE IN ADDITION TO THE ASKING PRICE. Fees paid to the auctioneer may be considered as part of the chargeable consideration and may attract stamp duty liability.
Bidders will be required to register in order to download the legal pack', if you choose to bid on the property you will be required to complete further identity checks for anti-money laundering purposes, provide card and solicitors details before you are able to place a bid. Properties may be sold prior to public auction if an offer is accepted by the vendors.
Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction then the property will not be sold. In normal circumstances the reserve price should be no more than 10% above a single figure guide price or if a guide price bracket is quoted the reserve will fall somewhere within those figure.