Ground-floor one-bedroom apartment with vacant possession and fast auction process.
Compact one-bedroom ground-floor apartment, 407 sq ft
Sold via online auction; bidding 24–25 November
Vacant possession; quick re-let potential for investors
Leasehold with £3,600 administration fee on exchange
Located in a student-focused, cosmopolitan area (high footfall)
Very high local crime and very deprived area scores
EPC C, double glazing, gas central heating via boiler
Council tax very low; small size limits family use
Offered for sale at a national online auction, this ground-floor one-bedroom apartment sits within a converted warehouse close to Nottingham city centre. At 407 sq ft it is compact and will suit investors seeking an easy-to-manage buy-to-let or a buyer wanting a central pied-à-terre. The property is advertised with vacant possession and an EPC rating of C.
The layout comprises an entrance hall with storage, an open-plan living/kitchen/dining area and a principal bedroom, all finished to a modern standard in places (integrated appliances, laminate flooring). Construction dates indicate a relatively recent conversion (1996–2002) and the block benefits from double glazing and gas central heating via boiler and radiators.
Important sale details and drawbacks: the home is leasehold and will be sold at auction—bidding opens 24 November at 1pm and closes 25 November at 1pm. An administration fee of £3,600 (inc. VAT) is payable on exchange; buyers must consult the legal pack for any additional disbursements. The wider neighbourhood is classified as a cosmopolitan student area with very high crime and very high deprivation scores, which may affect long-term capital growth and tenant profile.
For investors the property’s city-centre location, vacant possession and low council tax band make it convenient to re-let quickly to students or professionals. For buyers planning owner-occupation, be aware the apartment is small and in a busy urban district; viewings are by request and prospective purchasers should review lease details and the legal pack before bidding.
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