CHARTERED SURVEYORS • AUCTIONEERS • VALUERS • ESTATE AGENTS W A BARNES LLP PORTLAND SQUARE SUTTON IN ASHFIELD NOTTINGHAMSHIRE NG17 1DA
PER INSTRUCTIONS FROM EAST MIDLANDS HOUSING GROUP, MANSFIELD DISTRICT COUNCIL, EXECUTORS, BENEFICIARIES, TRUSTEES AND OTHER SOURCES A COLLECTIVE SALE OF INVESTMENTS AND “PROPERTY WITH POTENTIAL” OF IMMEDIATE INTEREST TO SPECULATORS, BUILDERS AND INVESTORS TO BE SOLD BY PUBLIC AUCTION (unless sold previously by Private Treaty) ON THURSDAY 28TH FEBRUARY 2013 AT THE TOWERS, BOTANY AVENUE, MANSFIELD, NOTTS NG18 5NG COMMENCING 3.00PM PROMPT
We value your interest! These parti culars are believed to be correct but their accuracy cannot be guaranteed, and they do not consti tute an off er or a contract. They are issued subject to the properti es described herein not being sold, let, withdrawn or otherwise disposed of. tel 01623 554084 / 553929 fax 01623 550764 email [email protected] web www.wabarnes.co.uk IN ASSOCIATION WITH LITTLEWOOD & COMPANY 7 RUSSELL PLACE NOTTINGHAM NG1 5HJ WE SELL THE LOT!
This is the fi rst of fi ve Collecti ve Sales of land and property that we will be holding throughout 2013 and the Catalogue embraces a good variety of sensibly reserved Lots that will appeal to the investor, speculator and those with a passion for “property with potenti al.” Those who att ended our December Aucti on will have witnessed a packed Sale Room and yet another 100% successful sale; Indeed, looking back over 2012, I am pleased to confi rm that we did, in fact, sell ALL residenti al Lots off ered throughout the year. This is way ahead of the industry standard which, according to stati sti cs issued by the Essenti al Informati on Group, is just 74% and gives prospecti ve vendors the confi dence that our aucti ons off er them the highest chance of success in a market that remains diffi cult. The vast majority of the properti es that we sell are purchased by Buy to Let investors. Looking forward, the conti nued drought of mortgage fi nance for many fi rst ti me buyers as well as relati vely high unemployment in the North Nott s area will mean that demand for rented accommodati on will remain as high as ever. Prudent investors are able to achieve relati vely high returns compared with the rest of the Region with the prospect of capital growth that will be generated when normal lending eventually resumes. Our aucti ons generate a well humoured but serious atmosphere that everyone seems to enjoy. Buyers are att racted in the knowledge that we have absolutely no personal interest in any of the Lots that we sell. We never issue deliberately misleading Guide Prices. We are now accepti ng Lots for our Spring Sale. If you are an Executor, Trustee, a Public Body acti ng in a fi duciary capacity or a private individual wishing to secure a defi nite sale within a defi ned ti mescale, we will be delighted to hear from you. I look forward to meeti ng you at the viewings and in the Room on the day. Tom Smith BSc(Hons)FRICS. Chartered Aucti oneer. RICS Registered Valuer.
Contract Documents Legal Packs can be viewed on line, free of charge, by visiti ng our website www.wabarnes.co.uk and following the link or by calling into our Offi ce.
Energy Performance Certi fi cates These form part of the Legal Pack and may be inspected as indicated above.
DIRECTIONAL NOTES TO THE TOWERS, BOTANY AVENUE, MANSFIELD, NG18 5NG
FROM MANSFIELD TOWN CENTRE Leave Mansfi eld town centre proceeding up Stockwell Gate which in turn becomes Sutt on Road. Proceed past the bus depot taking the next turning right immediately aft er The Bold Forester Public House into Botany Avenue where The Towers will be found approximately 50 yards on the left hand side.
FROM JUNCTION 28 OF THE M1 MOTORWAY Leave the Motorway at Juncti on 28 sign posted A38 Mansfi eld. Proceed down the A38 following the signs for Mansfi eld. Proceed past Sutt on in Ashfi eld and at the main traffi c lights adjacent to the King’s Mill Reservoir turn right following the signs for Mansfi eld. Proceed past the King’s Mill Hospital, over the traffi c light juncti on, past the Sir John Cockle Public House on the left hand side and take the 2nd turning on the left into Botany Avenue immediately before The Bold Forester Public House where The Towers will be found approximately 50 yards on the left hand side.
MONEY LAUNDERING REGULATIONS Please note that in order to comply with Money Laundering Regulati ons, Deposits can be paid by Cheque, Bankers Draft or by Card. Cash will not be accepted. Please note that if you choose to pay by Credit Card, a 2% surcharge will apply.
2 LOT 1
35 PORTLAND STREET SUTTON IN ASHFIELD NOTTS NG17 4AW
FREEHOLD FULL VACANT POSSESSION
GUIDE PRICE £50,000 PLUS
DESCRIPTION
Per instructi ons of East Midlands Housing Group. An excellent opportunity to acquire a modern, mid Town House found within a popular, highly convenient central positi on. Accommodati on comprises; Entrance hall, Lounge, rear entrance vesti bule, Kitchen. Two double Bedrooms plus Bathroom/w.c. Forecourt parking. Gas fi red central heati ng system plus double glazing. The property requires some internal refurbishment but off ers excellent potenti al for future renti ng, resale or owner occupati on when improved.
LOT 2
157 SUTTON ROAD HUTHWAITE NOTTS NG17 2NF
FREEHOLD FULL VACANT POSSESSION
GUIDE PRICE AROUND £35,000
DESCRIPTION
Per instructi ons of East Midlands Housing Group. An opportunity for the builder to purchase a traditi onal, three storey mid Terraced House in need of full modernisati on, refurbishment and upgrading. Popular positi on overlooking the park to the front. Clad externally with insulated render. Good access to all ameniti es. Accommodati on comprises; Lounge, separate Dining room, Kitchen plus ground fl oor Bathroom/w.c. Three double Bedrooms on upper two fl oors. Good potenti al for the rental market or resale when improved.
3 LOT 3
6 FIR TREE CLOSE FOREST TOWN MANSFIELD NOTTS NG19 0JE
FREEHOLD FULL VACANT POSSESSION
GUIDE PRICE £40,000 £45,000
DESCRIPTION
An excellent opportunity for the prudent property investor to purchase a well-proporti oned two storey Semi- detached House designated as Defecti ve under the Housing Defect Legislati on but one which is ideal for future renti ng. The accommodati on is generally suitable for early occupati on and comprises; Entrance hall, Lounge, Dining- kitchen with modern fi tti ngs, three good sized Bedrooms plus modern Bathroom/w.c. Gas fi red central heati ng system. Double glazing. Gardens to front and rear. Cul de sac locati on close to all ameniti es. Previously let at £100 per week.
4 LOT 4
24 SHERWOOD STREET ANNESLEY WOODHOUSE NOTTS NG17 9HU
FREEHOLD FULL VACANT POSSESSION
GUIDE PRICE £45,000 PLUS
DESCRIPTION
A well-appointed, recently redecorated and improved traditi onal, Mid terrace House suitable for immediate occupati on. The accommodati on has new carpets fi tt ed throughout and comprises; Lounge, separate Dining room, Kitchen with modern fi tti ngs. Two Bedrooms plus modern Bathroom/w.c. Relati vely new gas fi red central heati ng boiler. Double glazing. Return frontage to Wesley Street and provides potenti al parking in back garden. Good, established residenti al locati on. Ideal for the investor or a very aff ordable home for the owner occupier.
LOT 5
18 SOMERSALL STREET MANSFIELD NOTTS NG19 6EP
FREEHOLD FULL VACANT POSSESSION
GUIDE PRICE £45,000 TO £50,000
DESCRIPTION
Per instructi ons of the Executor. A traditi onal two storey semi-detached home in need of general improvement and upgrading off ering good potenti al for the rental market or future resale. Accommodati on comprises; Hall, Lounge, separate Dining room, extended Kitchen. Three Bedrooms plus Bathroom/w.c. Gas fi red central heati ng system. Level rear gardens. Excellent opportunity for the investor, speculator or builder.
5 LOT 6
95A/95B NOTTINGHAM ROAD MANSFIELD NOTTS NG18 4AJ
FREEHOLD PART VACANT POSSESSION PART SUBJECT TO TENANCY
GUIDE PRICE £80,000 TO £85,000
DESCRIPTION A substanti al, three storey, Victorian Villa style, mid Terraced House, capably converted many years ago to create two Self-contained Flats found within a popular and convenient locati on on the South side of town. 95a comprises a self-contained fi rst/second fl oor Flat with fi tt ed Kitchen, Lounge, two double Bedrooms plus bathroom and separate w.c. 95b comprises a ground fl oor Flat with Lounge, Dining room, double Bedroom plus Kitchen with modern fi tti ngs and Shower room/w.c. There is a gas fi red central heati ng system provided to both units served by one boiler. 95a is let under an Assured Shorthold Tenancy at £410 per calendar month with Tenants being in occupati on for some ti me. 95b has, unti l recently, been let at £390 per calendar month but is now vacant. Excellent opportunity for those wishing to establish or expand a residenti al investment portf olio capable of generati ng high returns.
6 LOT 7
75 CHATSWORTH STREET SUTTON IN ASHFIELD NOTTS NG17 4GG
FREEHOLD FULL VACANT POSSESSION
GUIDE PRICE £35,000 TO £40,000
DESCRIPTION
A traditi onal, three storey mid Terraced House previously let, now vacant but off ering good potenti al for future renti ng. The accommodati on is in need of some general improvements but will appeal to the investor. Accommodati on comprises Lounge, Dining kitchen, ground fl oor Bathroom/w.c. Three double Bedrooms on upper two fl oors. Gas fi red central heati ng system plus double glazing. Established residenti al locati on with consistent demand for rented accommodati on. Good access into town centre.
LOT 8
2 HARCOURT STREET KIRKBY IN ASHFIELD NOTTS NG17 8DD
FREEHOLD FULL VACANT POSSESSION
GUIDE PRICE £35,000 TO £40,000
DESCRIPTION
An opportunity for the builder/speculator to purchase a traditi onal, two storey Semi-detached House in need of comprehensive modernisati on and upgrading. The accommodati on comprises; Lounge, separate Dining room plus Kitchen. Two double Bedrooms plus Bathroom/w.c. Off street parking. Popular, established locati on with good access into town centre and railway stati on. Great potenti al for future renti ng when improved.
7 LOT 9
50 HIGH STREET MANSFIELD WOODHOUSE NOTTS NG19 8DB
FREEHOLD FULL VACANT POSSESSION
GUIDE PRICE £35,000 TO £40,000
DESCRIPTION
A rare opportunity to purchase an att racti ve, two storey stone/panti le cott age, adapted many years ago for use as retail premises. The premises are situated within a Conservati on Area and comprise; Sales Shop (18.5 sq metres), former Cobbler’s Shop (14.97 sq metres) with storage space extending to approximately 42.35 sq metres at fi rst fl oor level. Vehicular access to rear garden/yard. The premises are in need of full modernisati on and upgrading but could off er potenti al for future trading or conversion into residenti al use, subject to the necessary Planning/Conservati on Area consent. Good opportunity for builder, speculator or investor.
8 LOT 10
52 HIGH STREET MANSFIELD WOODHOUSE NOTTS NG19 8DB
FREEHOLD SUBJECT TO TENANCY
GUIDE PRICE AROUND £40,000
DESCRIPTION
A rare opportunity to purchase some unusual, three storey stone/slate premises currently let as a Laundrett e enjoying a prominent High Street locati on in the heart of the town centre. Comprising sales/Laundrett e to the ground fl oor of approximately 25.8 sq metres plus approximately 48.4 sq metres of storage space on the upper two fl oors. The Tenancy commenced approximately 15 years ago. No formal Lease. Currently passing rental amounts to £216.15 per calendar month on internal and repairing and insuring terms. Four detached ti mber/ Asbestos garages plus yard at rear. Of interest to the investor looking for immediate returns with potenti al rental growth. The premises may have potenti al for conversion into residenti al use, subject to Planning and Conservati on Area consent.
LOT 11
10 MANSFIELD ROAD SPION KOP WARSOP NOTTS NG20 0EG
FREEHOLD FULL VACANT POSSESSION
GUIDE PRICE AROUND £35,000
DESCRIPTION
An opportunity to purchase a traditi onal, three storey Mid terraced House standing on a larger than average plot found within a popular positi on in a semi-rural setti ng. The accommodati on requires full modernisati on and upgrading but off ers good potenti al for future renti ng or resale when improved. Comprising; lounge, separate Dining room, Kitchen plus ground fl oor Bathroom. Three double Bedrooms on upper two fl oors. Deep forecourt plus large rear garden with vehicular access to potenti al off street parking/garage space. Ideal opportunity for the builder, speculator or investor.
9 LOT 12
55 KING STREET CLOWNE DERBYSHIRE S43 4BS
FREEHOLD FULL VACANT POSSESSION
GUIDE PRICE AROUND £25,000
DESCRIPTION
A traditi onal, two storey, end Terraced House in need of modernisati on and upgrading. Close to the centre of this large village which off ers an excellent range of faciliti es. Comprising; Lounge, separate Dining room, Kitchen. Two double Bedrooms plus Bathroom/w.c. Of interest to the investor looking for a property with potenti al for future renti ng once upgraded.
LOT 13
30 PORTLAND STREET MANSFIELD NOTTS NG18 1HD
FREEHOLD FULL VACANT POSSESSION
GUIDE PRICE £35,000 PLUS
DESCRIPTION
Per instructi ons of Mansfi eld District Council. A modernised and upgraded, two storey Mid terraced House in highly convenient positi on within easy walking distance of the town centre. The accommodati on has been substanti ally refurbished in recent ti mes and is suitable for early occupati on. Comprising; Lounge, separate Dining room, Kitchen with brand new fi tti ngs. Two double Bedrooms. New Bathroom/w.c. New/modern gas fi red central heati ng system. Electrical installati on checked July 2012. Of immediate interest to the investor or owner occupier looking for a low cost home. Aucti oneers Note: A buyer’s premium shall apply in respect of this Lot to cover the Vendors costs of sale. Please refer to the Legal Pack.
10 LOT 14
40 PORTLAND STREET MANSFIELD NOTTS NG18 1HD
FREEHOLD FULL VACANT POSSESSION
GUIDE PRICE £35,000 PLUS
DESCRIPTION
Per instructi ons Mansfi eld District Council. Nicely modernised and upgraded traditi onal End terraced House suitable for early occupati on. The accommodati on has been redecorated and both kitchen and bathroom fi tti ngs are new. Recently installed gas fi red central heati ng system. Accommodati on comprises; Lounge, separate Dining room, kitchen. Two double Bedrooms plus Bathroom/w.c. Highly convenient central locati on. Ideal opportunity for investor seeking a property suitable for immediate occupati on. Aucti oneers Note, a buyer’s premium shall apply in respect of this Lot to cover the Vendors costs of sale. Please refer to the Legal Pack.
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11 LOT 15
1 KINGSLEY STREET KIRKBY IN ASHFIELD NOTTS NG17 7BA
FREEHOLD FULL VACANT POSSESSION
GUIDE PRICE AROUND £38,000
DESCRIPTION
A previously improved, two storey End terraced House in highly convenient central locati on close to all ameniti es. The accommodati on now requires some general improvement but off ers excellent potenti al for future renti ng or resale. Comprising; Lounge, separate Dining room, well-proporti oned Kitchen. Two double Bedrooms plus large Bathroom/w.c. Gas fi red central heati ng system. Double glazing. Of immediate interest to the investor/ speculator.
LOT 16
74 VERNON ROAD KIRKBY IN ASHFIELD NOTTS NG17 8ED
FREEHOLD FULL VACANT POSSESSION
GUIDE PRICE £52,000 TO £55,000
DESCRIPTION
An opportunity to purchase a well-proporti oned, two storey Semi-detached House, previously improved and suitable for early occupati on. Accommodati on comprises; spacious Lounge with separate but adjoining Dining room, larger than average Dining -Kitchen with modern fi tti ngs. Two double Bedrooms plus Bathroom/w.c. Gas fi red central heati ng system. Level rear gardens. Ideal buy to let opportunity or an aff ordable home for the fi rst ti me buyer.
12 LOT 17
PLEASLEY HILL WORKING MENS CLUB POPLAR DR PLEASLEY MANSFIELD NOTTS NG19 7TA
FREEHOLD FULL VACANT POSSESSION
GUIDE PRICE AROUND £40,000
DESCRIPTION
An opportunity to acquire purpose built, single storey social club premises. Accommodati on comprises; Functi on/Concert Room, Bar, raised Stage, Snooker area, Servery, Kitchen, Changing Rooms, Offi ce and Cellar. Gas fi red central heati ng system. The premises lend themselves to a variety of other uses such as Dance studio, Gymnasium, Medical, secure Storeage etc. Scope for complete redevelopment, subject to the usual Consents. Of interest to the trader-occupier, investor, speculator or developer.
13 LOT 18
44 CROMPTON ROAD RADMANTHWAITE MANSFIELD NOTTS NG19 7RQ
FREEHOLD FULL VACANT POSSESSION
GUIDE PRICE £55,000 PLUS
DESCRIPTION
Per instructi ons of the Executors. An opportunity to purchase a traditi onal, 1930’s built Semi-detached House in need of full modernisati on and upgrading. Accommodati on comprises; Entrance hall, Lounge, separate Dining room plus Kitchen. Three Bedrooms plus Bathroom/w.c. Gardens to front and rear plus ample parking. Ever popular, established residenti al locati on in a cul de sac setti ng. Superb potenti al for the builder/ speculator with excellent prospects for profi table resale or renti ng once upgraded.
14
Solicitors 9/11 Albert Street, Mansfield, Nottinghamshire, NG18 1EA Telephone: 01623 629221 Fax: 01623 420933 Email: [email protected]
- For all your property needs – freeholds, leaseholds, residential, commercial and industrial - Experience where it counts - Speak to Charles Dawson or Rosalynde Green for a no obligation quote We are members of the Law Society Conveyancing Quality Scheme
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15 FURTHER INFORMATION ON EACH OF THE LOTS INCLUDED IN THIS SALE CATALOGUE CAN BE OBTAINED FROM W.A. BARNES LLP, PORTLAND SQUARE, SUTTON IN ASHFIELD, NOTTS. TEL; 01623 554084 / 553929.
VIEWING ARRANGED WITH PLEASURE VIA THE SOLE AUCTIONEERS; W.A BARNES LLP, PORTLAND SQUARE, SUTTON IN ASHFIELD, NOTTS. TEL; 01623 554084 / 553929.
CONTRACTS AND CONDITIONS OF SALE CONTRACTS AND CONDITIONS OF SALE MAY BE INSPECTED, FREE OF CHARGE, ON LINE BY VISITING THE AUCTIONEER’S WEBSITE WWW.WABARNES.CO.UK AND FOLLOWING THE “LEGAL DOCUMENTS” LINK. THE LEGAL PACK WILL BE UPLOADED AS AND WHEN IT IS RECEIVED FROM THE VENDOR’S SOLICITORS. THE LEGAL PACK MAY ALSO BE INSPECTED AT THE AUCTIONEERS’ OFFICES AND THOSE OF THE VENDOR’S SOLICITORS. THE PURCHASER IS DEEMED TO BUY WITH FULL KNOWLEDGE THEREOF WHETHER THEY HAVE INSPECTED THE SAME OR NOT.
AUCTIONEER THOMAS H M SMITH BSc (Hons) F.R.I.C.S. OF W.A. BARNES LLP, PORTLAND SQUARE, SUTTON IN ASHFIELD.
SOLICITORS THE NAME AND ADDRESS OF THE SOLICITOR REPRESENTING THE VENDOR ON EACH OF THE LOTS OFFERED CAN BE OBTAINED FROM AUCTIONEERS.
METHOD OF SALE THE VARIOUS LOTS CONTAINED WITHIN THIS CATALOGUE WILL BE SOLD BY PUBLIC AUCTION UNLESS SOLD PREVIOUSLY BY PRIVATE TREATY. INTERESTED PARTIES ARE STRONGLY RECOMMENDED TO TELEPHONE THE AUCTIONEERS ON THE DAY OF THE AUCTION TO CHECK THE AVAILABILITY OF ANY PARTICULAR LOT. SOLICITORS WILL BE AVAILABLE APPROXIMATELY 30 MINUTES BEFORE COMMENCEMENT OF THE SALE IN ORDER TO DEAL WITH ANY ENQUIRES RELATING TO THE VARIOUS LOTS. PLEASE NOTE THAT NO QUERIES NOR QUESTIONS REGARDING EITHER THE CONTRACTS OR THE PROPERTIES WILL BE ACCEPTED ONCE THE AUCTION IS UNDERWAY.
PLANNING CONSENTS/PLANS/RENTAL AGREEMENTS ETC. COPIES OF PLANNING CONSENTS, PLANS, RENTAL AGREEMENTS WHERE AVAILABLE MAYBE INSPECTED BY THE PROSPECTIVE PURCHASER AT OUR SUTTON IN ASHFIELD OFFICE, PORTLAND SQUARE, SUTTON IN ASHFIELD, NOTTS.
COMMISSIONED BIDS AT THE DISCRETION OF THE AUCTIONEERS, COMMISSIONED BIDS MAY BE PLACED ON THE LOTS CONTAINED IN THIS CATALOGUE BY INTERESTED PARTIES WHO ARE UNABLE TO ATTEND THE SALE. FOR FURTHER INFORMATION CONTACT THE AUCTIONEERS.
GUIDE PRICES THE GUIDE PRICES CONTAINED WITHIN THIS CATALOGUE ARE THE AUCTIONEER’S OPINION AS TO THE LIKELY PRICES WHICH COULD BE ACHIEVED ON THE DAY IN THE AUCTION ROOM. THE AUCTIONEERS RESERVE THE RIGHT TO ALTER GUIDE PRICES ON ANY OF THE LOTS AT THEIR SOLE DISCRETION.
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