For Sale2 Bedroom Flat in Castle Gardens, Nottingham, Nottinghamshire, NG7£55,000

This two bedroomed duplex apartment is offered for sale to CASH BUYERS only. Situated in the Lenton area the apartment is convenient for the QMC and Nottingham city centre. The accommodation briefly comprises of entrance hallway, lounge and open plan modern kitchen, two double bedrooms and a bathroom with shower. There is residents parking and views over the waterside. The property is double glazed and has electric heating. The property is ideal for investors looking to secure a turnkey investment property central to the city with amenities including Nottingham University, Queens Medical Centre and plenty of shops and local amenities. The accommodation comprises of an open plan kitchen, living and bedroom with a balcony overlooking the beautiful garden views along with a spacious bathroom. There is also allocated residents parking. The area benefits from a train and tram station close by along with retail park and Nottingham city centre a short walk away with a host of amenities to suit to a buyer looking to live within a vibrant city. This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements Should you opt to use Conveyancing Services recommended by iamsold or the Partner Agent, please be advised that the Partner Agent will receive payment of up to £450.00 from the Conveyancing Provider for that recommendation where the services are taken, and a sale completes. It is important to note that recommended services are optional, and you should consider your options carefully before accepting any recommended services.