Apartment
A modern and well-presented one-bedroom apartment, perfectly positioned in the heart of Nottingham city centre.
Currently let on an AST agreement for £950 per calendar month, £11,400 per annum.
The apartment comprises of secure entry, entrance hallway, open plan kitchen/living/diner, double bedroom and bathroom. Externally is a well kept communal area with seating and there is an allocated parking space in a secure car park.
Perfectly positioned in the Lace Market, this property offers contemporary living in one of the most sought-after locations of Nottingham. Just a 3-minute walk from the tram stop and within easy reach of Nottingham Train Station, residents also benefit from close proximity to Hockley, the Market Square, and an array of boutique shops, restaurants, and vibrant nightlife.
125 years from and including 1 January 2018. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Leasehold. Subject to tenancy.
£350
118
£1,630
- Heating Supply: Double Glazing, Electric
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
- Broadband: Cable
Off Street, Residents, Covered
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.
