Duplex
This is a fantastic investment opportunity. This duplex penthouse apartment features three double bedrooms and was previously rented for £1900 per calendar month, yielding an impressive 11.4% based on the current guide price.
It boasts a brand new boiler, stunning balcony views from both levels, modern décor throughout, ample built-in storage, and a central location.
The apartment spans two floors, specifically the 5th and 6th floors of this sought-after building. The layout includes an entrance hall, two spacious bedrooms—each with a south-facing terrace that overlooks the canal—a contemporary bathroom with a shower over the bath, and a large understairs storage cupboard.
Stairs lead to the upper level, which opens into a breath-taking open-plan kitchen and lounge area, providing fantastic dual aspect views. The expansive living space features floor-to-ceiling windows that open onto a generous terrace, offering spectacular views of Nottingham Castle and the Lace Market. The master bedroom is also located on the upper floor and includes a modern ensuite shower room along with a dressing area.
Walking distance to Nottingham Train Station, Nottingham Market Square, restaurants, and vibrant city nightlife. Also near the Lace Market tram stop, providing quick links across the city.
Construction Material: System Built. (purpose built apartment block). Heating: Community scheme. Broadband Coverage: Standard, Ultrafast and Superfast. Mobile signal: O2, Vodafone, EE and Three. Satellite and Cable: BT and Sky.
Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
These sales details are awaiting vendor approval.
Leasehold. Vacant possession upon completion.
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- Heating Supply: Double Glazing
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
No Parking Available
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of 1.2% of the purchase price (subject to a minimum of £1,500 inc. VAT)
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
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