Summary - The Byron Centre, Hucknall, Nottingham NG15 7FS
2 bed 1 bath Apartment
Ready-let two-bedroom flat with parking and predictable income for cash buyers.
Tenants in situ generating £8,700 per annum
Allocated off-street parking within residents-only car park
Compact first-floor flat — approximately 567 sq ft
Gas central heating, boiler and UPVC double glazing installed
Sold by online auction; 5% non-refundable deposit required
Reservation fee possible (up to 6% inc. VAT) on sale completion
Very high local crime rate; area classed as deprived
Local broadband speeds slow despite excellent mobile signal
A practical investor opportunity in Hucknall town centre, this two-bedroom first-floor flat is offered for sale by online auction with tenants in situ. It produces an annual income of £8,700 and includes an allocated off-street parking space — useful in a central location close to shops, transport links and amenities.
The flat is compact at around 567 sq ft and benefits from gas central heating, a fitted kitchen, UPVC double glazing and a boiler with radiators. The communal entrance has a telephone entry system and the accommodation layout comprises a spacious lounge/dining room, two bedrooms and a three-piece bathroom.
Buyers should be aware this lot is sold via auction under conditional or unconditional terms. Successful bidders must pay a 5% non-refundable deposit on exchange and may face a reservation fee (up to 6% inc. VAT). The property is best suited to cash buyers seeking a lettable asset and who will review the legal pack prior to bidding.
Notable practical considerations include the small overall size, slow broadband provision locally and a recorded very high crime level for the area. The flat’s rental income and central position offer a clear re-let or hold opportunity, but factor in auction costs, tenant status and local area challenges when assessing yield and exit plans.
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