Flat 1, 4 Magdala Road, Nottingham, Nottinghamshire, NG3 5DD

  • Conditional Online Auction Sale
  • Guide Price* : £110,000 Plus Fees

FOR SALE BY CONDITIONAL ONLINE AUCTION
On Behalf of Wise Properties


  • Grand Ground Floor Apartment
  • Open Plan Kitchen Living Space with Large Bay Window
  • Two Good Sized Bedrooms
  • Wooden Flooring Throughout
  • Close to Local Shops, Bars and Restaurants
  • Property is currently tenanted at £550pcm however can be sold with vacant possession subject to relevant notices

Property Description

FOR SALE BY CONDITIONAL ONLINE AUCTION
On Behalf of Wise Properties

Two Bedroom Apartment

2 bedroom apartment in the very popular area of Mapperley Nottingham.

The property is situated close to Mansfield Road which is one of two direct routes into Nottingham City Centre, benefiting from several transport links in and out of Nottingham with an array of shops, bars, restaurants and take-aways. Also on a direct route out of the City passing Nottingham City Hospital.

The apartment is located in a picturesque building on the ground floor with separate access to the side on the left.

Entering the property to a large open plan living/kitchen area traditionally decorated with an island counter to break up the room and integrated appliances, with added feature of the large bay window to the front of the building allowing plenty of natural light. Downstairs to two bedrooms benefiting built in wardrobes, traditionally decorated with wooden flooring and bright walls. The hallway leads to a family bathroom with white suite and shower over bath.

Lounge/Kitchen: 4.7m x 3.7m (to kitchen units)
Bedroom 1: 2.3m x 2.7m
Bedroom 2: 2.6m x 2.65m
Bathroom: 2.47m x 2.54m

Property is currently tenanted at £550pcm however can be sold with vacant possession subject to relevant notices.


Tenure
See Legal Pack

*Start Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price, also know as a Guide Price, is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms which is available to download on our website, www.sdlauctions.co.uk.


Viewing Details

By arrangement with the auctioneer 0345 319 2162 or can be booked online www.sdlauctions.co.uk/online-auctions


Energy Performance Certificates

EPCs can be viewed in the Related Documents section on our website or in the legal pack.


Auction Type: Conditional with Reservation Fee

Every online bidder on SDL Auctions must first create an account at www.sdlauctions.co.uk/online -auctions. This is a very quick and simple process. In order to bid, you will need to be authorised for money laundering purposes, this will be carried out at the registration stage. This check will leave a soft footprint on your credit report (but it should not affect your credit rating). The registration process also requires card details to be entered, however the card will not be processed unless you are the successful bidder.

Once you have registered, you will be able to search, download legal documents, arrange site viewings and contact the Auctioneers and the solicitors if you have queries on the property.

If you are the successful bidder, at the end of the specified time period, you’ll enter into a reservation agreement with the seller and will have 40 business days within which to exchange and complete. If you fail to do so, you may lose your reservation fee. During the 40 business day reservation period, the seller is not able to accept other offers.

The sale of this lot is subject to a reservation fee of 4.8% including VAT or 4.2% including VAT in London, subject to a minimum of £6,000 including VAT. This does not contribute towards the purchase price and is payable on the fall of the hammer.

We will automatically charge you a minimum fee of £6,000, unless stated otherwise above (using the payment details provided at the registration stage) if you are the successful bidder, as payment towards a reservation fee. Where applicable, you will be required to pay any outstanding amounts of the reservation fee immediately after the end of the auction, which can be paid by debit card or bank transfer. This will be specified in the reservation contract.

By placing a bid, you are authorising the auctioneer to sign the reservation agreement on your behalf.


Joint Agent

Wise Properties



Available at

£120,000


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Joint Agent

For viewings please contact:
Wise Properties
01159604366
info@wise-properies.co.uk

Legal Documents

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