Guide Price: £40,000.00

Traditional Auction

176 Wyton Close , Bestwood , Nottingham , NG5 5GX

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AUCTION SOLD

Lot Number: 79833791

Property ID: 88917023

Marriots

mapperley@marriotts.net

01159536644

Guide Price

£40,000.00

Method of Auction

Traditional

Property Type

Flat

Number Of Beds

1

Tenure

Leasehold Property

Address

176 Wyton Close

Key Features

ONLINE AUCTION
BUYERS FEES APPLY
PRE-AUCTION OFFERS CONSIDERED
2nd/top floor flat
GREAT INVESTMENT OPPORTUNITY

Description

*CASH PURCHASE ONLY* *FOR SALE BY ONLINE AUCTION - 25th FEBRUARY 2021* PRE-AUCTION OFFERS CONSIDERED * A 2nd floor/top floor flat in need of refurbishment. Wyton Close is located off Arnold Road (B6004), with easy access to the ring road and local Basford Crossing tram stop. Accommodation consists of hallway with entry phone system, lounge diner, kitchen area, one bedroom and bathroom. The property also has UPVC double glazing and the benefit of loft access. Great investment opportunity! AUCTION PACK AVAILABLE ON REGISTRATION.

This property is for sale via 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 auction will run for 3 hours on a set date and time chosen by the vendor of the property. The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar to a traditional auction house sale and they will have 28 days to complete, please check the legal paperwork to confirm deposit amount. 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 and provide card 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.

**Guide price - This is an indication of the seller’s minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction.

**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 figures.

Property Brochure

Download Link:  Must be logged in!

Property Auction Pack

Download Link:  Must be logged in!

EPC

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Floor Plan

Download Link:  Must be logged in!

**These particulars are produced by the advertising agent and not
verified by Whoobid, they are believed to be correct but their accuracy
cannot be guaranteed and they do not constitute an offer or form part of
any contract.**

Map Location

Property Location

Address: NG5 5GX

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Agent's Information

Name: Marriots

Address: Nottingham, Nottinghamshire, NG3 5JU

Telephone Number: 01159536644

Email: mapperley@marriotts.net

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