Central historic flat with strong rental and auction purchase potential.
Open-plan living with high ceilings and large front-facing windows
This one-bedroom apartment sits within the Grade II listed Mills Building in Nottingham’s Lace Market, offering a central location and strong letting potential in a cosmopolitan, student-dominated neighbourhood. The open-plan living, kitchen and dining space benefits from high ceilings and large windows that attract natural light, while the double bedroom includes built-in storage and direct bathroom access.
Sold at auction, the property is leasehold with an unusually long lease (974 years) and an EPC rating of C. Electric room heaters provide heating; there is no confirmed central heating system and the building’s older, system-built walls are assumed to lack insulation, which may affect running costs and future upgrade work.
Buyers should note the apartment’s Grade II listed status, which can restrict alterations and may complicate refurbishments. Service charge and ground rent review periods will be confirmed in the legal pack; these costs and any special conditions must be checked before bidding. The sale will exchange immediately on auction, with a 10% deposit and non-refundable buyer’s fee applying.
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