Summary - Apartment 26 The New Alexandra Court, Woodborough Road, NOTTINGHAM NG3 4LN
1 bed 1 bath Flat
Small, rentable flat ideal for investors seeking straightforward refurbishment and reliable yields.
- 369 sq ft one-bedroom upper-floor apartment
- Offered with vacant possession, suitable for letting
- Expected rent around £775 pcm (approx. £9,300 pa)
- EPC B and double glazing present
- Leasehold sale; auction terms apply
- Administration fee £3,600 inc VAT on exchange
- Heating via electric room heaters; may need upgrading
- Local area: high crime and significant deprivation
A compact one-bedroom upper-floor apartment in The New Alexandra Court, offered for sale at online auction. The 369 sq ft layout includes an open-plan kitchen/living area, double bedroom and bathroom — presented with vacant possession and ready for refurbishment to boost rental yield.
Positioned in NG3 near shops, parks and transport links, the flat suits investors targeting the local rental market; current guidance suggests achievable rents around £775 pcm (approx. £9,300 pa). The property benefits from an EPC B rating and double glazing, and fast broadband and excellent mobile signal support lettings to students or young professionals.
Buyers should note material considerations: the property is leasehold, will be sold at auction, and an administration fee of £3,600 (inc VAT) is payable on exchange. Heating is by electric room heaters and some internal areas show wear (carpet/damp indicated), so further investment may be required to reach market-standard condition.
The neighbourhood scores highly for rental demand but records higher local crime and significant area deprivation; factor this into management and insurance costs. No flood risk is recorded. This is a straightforward, low-footprint investment for a buyer prepared to refurbish and manage lettings in a strong-rental postcode.
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