Map1 bedroom apartment
Key information
Features and description
- Tenure: Leasehold
- Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £85,000
- Immediate ‘exchange of contracts’ available
- Sold via ‘Secure Sale’
- One bedroom Apartment
- Currently let to a student on a 50 week contract at £185pw
- Estimated gross yield 10.3%
- Large open plan living/dining/kitchen
- Furnished
- Kitchen with appliances
- EPC rating C
Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £85,000.00
This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.
The propriety briefly comprises of:
Large one bedroom furnished apartment. Popular development in the sought after Hockley Mill, close to many amenities, shops bars, restaurants and public transport links.
Entrance into large open plan living dining kitchen with Juliet balcony. The kitchen is equipped with fridge/freezer, dishwasher, washing machine and cooker with gas hob. A good size double bedroom with floor to ceiling windows. To complete the property, bathroom with shower over bath.
The property is currently tenanted for a 50 week contract at £185pw giving an estimated gross yield of 10.3%
Council: Nottingham City Council
EPC rating: C
Council Tax Band: C
Tenure: Leasehold
Lease length: 125 years from 1st January 2004
Service charge currently: £1213.40 every 6 months
Ground rent: £250 per annum.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or
via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The
Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor
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