Apartment
A fantastic rental property or Air BNB investment in the heart of Nottingham City Centre.
The property comprises of entrance hallway, open plan lounge/kitchen, double bedroom and bathroom.
The flat is currently a successful Air BNB achieving £70 per night.
The building has had fire remediation works completed, new cladding fitted externally and an internal fire detection system.
Please note that the property comes with all the furniture as seen, except the television. It is ready to move into or let straight away.
The flat is located in the heart of Nottingham city centre, facing the National Ice Arena. It is close to Nottingham Trent University, making it an ideal location for students. The flat is also within walking distance of all shops and amenities, including restaurants, bars, supermarkets, and public transport links.
Additional Information
Water: Mains
Electric: Mains
Sewerage: Mains
Heating: Electric heaters
Building construction: System built
Flood Risk: Low
Mobile Signal: Not known
Satellite and Cable TV Availability: BT and Sky
125 year lease from 2004. For any further information please refer to the legal pack.
These sales details are awaiting vendor approval.
Leasehold. Vacant possession upon completion.
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
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 £1,500 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.
