2 bedroom apartment

GUIDE PRICE £110,000 - £120,000 CASH BUYERS ONLY! This beautifully presented top-floor apartment offers an excellent opportunity for both investors and first-time buyers. Situated in the highly sought-after Hicking Building, the property benefits from a prime location close to Nottingham City Centre, the train station, and a wealth of local amenities and is for sale by public auction on Monday 14th July 2025 at 6.30pm.

Current approved EWS1 rating is A2.

With on-site caretaker services, secure fob entry, and lift access, convenience and security are key features of this well-maintained building.

The apartment itself boasts a welcoming entrance hall, leading to a bright and spacious open-plan kitchen and living area – perfect for both relaxing and entertaining. Two modern, well-decorated bedrooms provide comfortable living spaces, while the well-proportioned bathroom adds to the apartment's appeal.

Additionally, the apartment features a private balcony, offering a lovely outdoor space to enjoy in the comfort of your own home. The property is ideally located within walking distance of Nottingham City Centre, Nottingham Universities, and the tram line, making it a superb choice for those seeking easy access to transport links and the vibrant heart of the city.

We have been advised by the vendor of the following:
Service Charge: £1,600 yearly
Ground Rent: £250 yearly
Length of Lease: 104 years

*It is suggested that potential purchaser’s make their own enquiries of mortgage lenders as to whether the property is mortgageable prior to making a bid at auction*

For sale by public auction on Monday 2nd June 2025 at 6.30pm. Butters John Bee Auctioneer offer remote bidding via internet, telephone or proxy. To register to bid on this Lot, or to download the Legal Pack - please see the Butters John Bee website or call the auction team direct.

Common Auction Conditions
This property is sold subject to our Common Auction Conditions (a copy is available on request)

Buyers Administration Fee
A buyer’s administration fee of £1,800 including VAT is applicable to this lot. The purchaser will pay the fee whether the property is bought before, at or following the auction date

Legal Pack
Purchasing a property at auction is a firm commitment that carries the same legal implications as a signed contract by private treaty. It is important that you consult with your legal adviser before bidding and also your accountant regarding the impact of VAT, if applicable, on the sale price. The legal pack can be viewed online via our website . Legal packs can also be viewed at the selling office. These documents should be passed to your legal adviser as they will help you make an informed decision about the lot. If you need further legal information please contact the vendor’s solicitor whose details will be in the auction catalogue. Remember that you buy subject to all documentation and terms of contract whether or not you have read them

Viewings

To view this lot, please contact the selling office on[use Contact Agent Button]

Internet, Telephone & Proxy Bidding
Interested in this lot but can’t attend the auction? You can bid by internet, telephone or by proxy by pre-registering with our auction department on[use Contact Agent Button] or [use Contact Agent Button]r details are available in the catalogue

Addendum
Check the latest addendum at buttersjohnbee.com for any alterations or changes to the catalogue

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction

Reserve
The sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction

Proof of Identity
To comply with Money Laundering Regulations, on acceptance of an offer for purchase or letting, the buyer or prospective tenant will be required to provide identification to Butters John Bee. Where a property is due to go to auction, all bidders will be required to register prior to auction

Council Tax Band: C