For sale by Modern Method of Auction: Starting Bid Price £275,000 plus Reservation Fee. Incredible opportunity to purchase this rare freehold property in the heart of Nottingham's Lace Market. In need of modernisation this townhouse offers accommodation over four levels including four bedrooms, large lounge, separate kitchen, bathroom and basement garage with utility area. Not to be missed! This property is for sale by East Midlands Property Auction powered by iam-sold.
Auctioneer's comments 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 4.2% including VAT subject to a minimum of £6000.00 including VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgement 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 East Midlands Property Auction powered by sam-sold Ltd. Reservation Fee is in addition to the final negotiated selling price.
Liberty Gate are delighted to bring to the market this rare freehold town house situated in the heart of Nottingham's Lace Market.
The property consists of:
Ground floor
entrance hall You enter the property from Commerce Square into a reception hall which has stairs off to the first floor, ceiling light point, radiator, alarm control panel, tiled flooring, access to the basement, the living room and the ground floor WC.
Ground floor WC Accessed off the reception hall is the WC which consists of a low flush WC, pedestal wash hand basin, ceiling light point and secondary glazed window to the front elevation.
Lounge Accessed off the reception hall is this very spacious lounge consisting of six secondary glazed windows to the front elevation, two wall light points, two ceiling light points, four radiators and stairs leading to the separate kitchen.
Kitchen The kitchen consists of three secondary double glazed windows to the front elevation, ceiling light point, two radiators, door to the front elevation. A variety of base and wall kitchen units, roll edge work surfaces, tiled splash backs, inset one and a half drainer sink unit with mixer tap over, integrated fan assisted electric oven with a gas hob and extractor hood over.
A door then leads off to the hallway and staircase to the first floor.
Hallway Accessed from the kitchen the hallway has the wall mounted central heating boiler and stairs to the first floor.
First floor
first floor landing At the top of the staircase you are greeted by a long landing/hallway running the full length of the property to the other reception hall staircase.
The hallway consists of three ceiling light points, wall light point, two radiators, stairs off to the second floor and doors giving access to two bedrooms and the bathroom.
Master bedroom This spacious master bedroom consists of three secondary double glazed windows to the front elevation, two radiators, ceiling light point, two wall light points and fitted wardrobes.
Bedroom two The second bedroom consists of two secondary double glazed windows to the front elevation, ceiling light point, radiator, television and internet points.
Bathroom Bathroom consists of a secondary double glazed window to the front elevation, ceiling light point, radiator, laminate flooring, extractor fan.
The bathroom is fitted with a three piece suite comprising a low flush WC, pedestal wash hand basin with a wall light and shaver point over and a panelled bath with an electric shower over and tiled splash backs.
Second floor
bedroom three Bedroom three is in the loft space and consists of skylight, radiator, wall light point and door leading into bedroom four.
Bedroom four Bedroom four consists of three skylights, two radiators and a ceiling light point.
Garage The property comes complete with a basement garage accessed via a car lift with double doors from the communal car park.
The garage has a ceiling light point and door to the basement/utility room.
Basement/utility room The basement has a utility room consisting of ceiling light point, stainless steel sink, space and plumbing for a washing machine, space and vent for a dryer.
Tenure Tenure: Freehold
disclaimer Fixtures and fittings other than those mentioned are to be agreed with the Seller.
All measurements are approximate and are taken using a laser tape.
Statements contained within this brochure are provided in good faith and are understood to be accurate, although cannot be guaranteed since we rely on information provided by other parties. Prospective purchasers are advised to satisfy themselves as to the validity of the information contained, either by inspection or through their solicitors, prior to any exchange of contracts to purchase. Services have not been tested and it is recommended that purchasers undertake independent tests on all services and mechanical installations, prior to exchange. Details correct at time of going to print.
Money Laundering
In line with The Money Laundering, Terrorist Financing and Transfer of Funds (information on the Payer) Regulations 2017, as a regulated profession, Liberty Gate require any successful purchasers proceeding with a purchase to provide two forms of identification i.E. Passport or photo card driving license and a recent utility bill. This evidence will be required prior to Liberty Gate instructing solicitors in the purchase or the sale of a property. We are duty bound to carry out due diligence on all of our clients to confirm their identity. Rather than traditional methods in which you would have to produce multiple utility bills and a photographic id we use an electronic verification system. This system allows us to verify you from basic details using electronic data, however it is not a credit check of any kind so will have no effect on you or your credit history. As a seller or purchaser, by proceeding with a sale or purchase, you understand that we will undertake a search with Experian for the purposes of verifying your identity. To do so Experian may check the details you supply against any particulars on any database (public or otherwise) to which they have access. They may also use your details in the future to assist other companies for verification purposes. A record of the search will be retained.
Disclaimer Property descriptions and related information displayed on this page are marketing materials provided by Liberty Gate. estateagents365.uk does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Liberty Gate for full details and further information.