3 bedroom terraced house for saleBalmoral Road, Colwick, Nottingham, NG4
- STARTING BID £75000
- Three Bedroom Traditional Terrace
- Modern Method of Auction
- EPC rating D
- T and C's Apply
- Two Reception Rooms*Kitchen
- Gas Central Heating*uPVC Double Glazed
- Close to Amenities
STARTING BID £75000 This property is being sold by the modern auction method. Traditional THREE BEDROOM MID TERRACE PROPERTY offering good size accommodation, located close to amenities with good transport links to Nottingham and surrounding areas. Ideal first step onto the property ladder, or rental investment opportunity as can be purchased with a tenant in situ if required. Early viewing recommended.
This property is for sale by the modern method of auction also known as a “conditional auction”. This process is similar to a normal property purchase but on acceptance of an offer the purchaser will pay a non-refundable reservation fee to secure the property. The buyer then has 28 days to exchange contracts and a further 28 days to complete the purchase. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to the modern method of auction, which is operated by The Midlands Property Auction in partnership with The Nottingham. Please see the auction section on our website or visit www.themidlandspropertyauction.co.uk
Summary of Accommodation;- living room, dining room with step down to kitchen, three good size bedrooms, and family bathroom. Externally, enjoying a garden area with yard to the rear of the property.
Living Room: 4.29m (14ft 1in into the bay) x 4.42m (14ft 5in)
Having uPVC panelled double glazed entrance door, with glazed top panel over. Feature uPVC angled double glazed bay window with leaded glass, focal chimney breast incorporating a coal effect gas fire mounted over a marble hearth, T.V aerial point, telephone point, decorative dado rail, cornicing to the ceiling, wall lights, laminate flooring, under-stair cupboard which houses the security alarm panel.
Dining Room: 4.27m (14ft) x 3.4m (11ft 2in)
With uPVC double glazed patio doors to the rear aspect, this room has a double radiator, decorative wall lighting, beamed ceiling, dado rail, door with turned carpeted stairs rising to the first floor accommodation, archway and step down to the well appointed kitchen.
Kitchen: 3.14m (10ft 3in) x 1.55m (5ft 11in)
With uPVC double glazed window to the side aspect. Comprising of a range of wall and base mounted units with roll edge work surfaces and splash back tiles over, incorporating a inset single stainless steel sink/drainer with mono polished mixer tap over, wall mounted 'Logic' boiler, cooker point, space and plumbing for further appliances, strip light, and tiled flooring.
Carpeted, with a radiator, and doors off to;-
Bedroom 1: 4.27m (14ft 0in) 3.4m (11ft 2in)
With uPVC double glazed window to the front elevation, wall mounted radiator, telephone point and carpeted flooring.
Bedroom 2: 3.43m (11ft 3in) 2.51m (8ft 3in)
With double glazed window to the rear elevation with radiator under, space saver sliding door, and carpeted flooring.
With step down from the first floor landing, comprising of a low flush WC, pedestal wash hand basin, bidet, panelled bath with mixer tap and shower attachment, boasting a separate shower cubicle with glazed surround and a 'Mira'shower mounted over. The room also benefits from a heated towel rail, laminate flooring, tiled surrounds and a uPVC double glazed windowto the side elevation.
Bedroom 3: 4.29m (14ft 1in) maximum 3.89m (12ft 9in) maximum
With a double glazed Velux window, wall mounted radiator and carpeted flooring. 4.29m (14ft 1in) maximum 3.89m (12ft 9in) maximum
To the rear of the property is a garden area with a yard, perimeter wall and fencing and a gated rear access.
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 The Nottingham or visit: http://www.centralmidlandspropertyauction.co.uk/
Services connected;-gas, electric, mains water and drainage. The Agent has not tested the utilities or appliances. The dimensions are for guideline purposes only. The conveyancer to check rights of way. The vendor has confirmed currently achieving £550 per calendar month rental yield (June 2016)
Conveniently positioned for easy access to all local amenities and facilities, including Netherfield Shopping Precinct, Victoria Retail Park, and Colwick Park and Lakes. Having good public transport links with a regular bus service and within walking distance of the train station.
From our Netherfield office turn right at the mini island onto Meadow Road, proceed over the Railway Bridge, turning right onto Chaworth Road, turn right into Balmoral Road where the property can be located on the left hand side, clearly identified by our 'For Sale' board.
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*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Nottingham Property Services, Netherfield on 0115 940 0122.
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