Flat for sale in Nottingham NG6, 2 Bedroom

Guide price £80,000

For sale by Modern Method of Auction; Starting bid £80,000. Two flats converted from A terraced house / 9-10% gross yield depending on purchase price / currently tenanted / superb investment

This property is for sale by property auction powered by iam-sold.

*Floorplan is illustrative of ground floor flat only*

A groud floor flat and first floor flat with good access to the City Centre, City Hospital and within short walking distance to the tram.

The property is served by electric heating

Counil Tax Band A

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% 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 iam-sold Ltd.