Summary - City Heights Belward Street, Nottingham NG1 1JW
2 bed 2 bath Apartment
City-centre two-bed apartment with parking — auction sale, investor opportunity.
742 sq ft two-bedroom third-floor apartment with open-plan living
This two-bedroom, third-floor apartment in City Heights offers a compact 742 sq ft open-plan layout and an allocated off-street parking space — a straightforward buy for investors targeting Nottingham city-centre rental demand. Positioned next to Motorpoint Arena and a short walk to shops, bars and transport, the property benefits from excellent mobile signal and fast broadband, making it appealing to students and young professionals.
The flat is currently tenanted and will be sold at online and public auction on 20 October 2025, providing a fast, transparent route to purchase. Practical details that affect running costs are notable: a service charge of £3,642.82 per year, ground rent of £200 per year, and 105 years remaining on the lease. Buyers should factor in the buyer’s administration fee of £1,800 (including VAT) payable on completion.
The building is modern with contemporary finishes and integrated kitchen appliances, and the principal bedroom has an en suite. However, the area records higher-than-average crime and is classed as deprived, which may influence rental yields, tenant mix and resale values. The apartment is best suited to investors comfortable with auction purchase terms and short-term income from an existing tenancy, or buyers planning light refurbishment for improved returns.
Inspect the legal pack and tenancy details before bidding. The apartment’s competitive guide price and city-centre location offer clear upside for investors who budget for the annual service charge, ground rent and the auction buyer fee.
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