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£130,000

2 bedroom apartment for sale

Pelham House, 4 Vivian Avenue, Nottingham, Nottinghamshire, NG5 1AF
Auction
Apartment
2 beds
2 baths
Added > 14 days

Key information

TenureLeasehold
Council taxBand B

Features and description

  • Immediate ‘exchange of contracts’ available. Being sold via ‘Secure Sale’
  • Investment opportunity. Two double bedrooms, both with en-suite bathrooms
  • Lease: 999 years from 1st January 2018
  • Tastefully furnished. Open plan living/dining/kitchen
  • Off street parking
  • Close to public transport links
  • Tenanted until September 2026 at £900pcm
  • Estimated gross yield 7.3%
  • Council Tax band B
  • EPC Rating D

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £130,000

This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.


Investment opportunity.


Situated on Vivian Avenue, Pelham House offers a very well presented top floor two double bedroom furnished apartment found within this beautifully converted Victorian property.


Tastefully furnished throughout, this apartment comprises of a hallway leading to the open plan kitchen/living room. The kitchen includes integrated appliances.


Good size master bedroom with en-suite bathroom with shower over bath, second, smaller double bedroom with en-suite shower room.


Off street parking available from the Pelham Road entrance.


Situated within 1.25 miles North of Nottingham City Centre, offering regular bus routes nearby.


Tenanted until September 2026 at a monthly rent of £900pcm offering an estimated gross yield of 7.3%


Council tax band: B


EPC rating: D


Tenure: Leasehold


Service Charges: £868.98 charged from 01/01/2025 to 30/06/2025


Ground Rent: £162.28 charged from 25/03/2025 to 28/09/2025


Lease Length: 999 years from 1st January 2018


Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.


This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.


The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.


Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.


The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.


The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.

These prices are subject to change.


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About this agent

Cavendish Residential - Nottingham
Cavendish Residential - Nottingham
One Fletcher Gate Nottingham, Nottinghamshire NG1 1QS
0115 691 9525
Full profileProperty listings
Our friendly team is waiting to see how Cavendish Residential can help you. Buying, selling, renting, investing - whatever it is, we can't wait to talk to you. Innovative Our marketing campaigns break boundaries, they're beout of the ordinary and we continue to be seen as the first to try exciting things. Communicative Our Landlords see us as the most proactive and communicative agent with up-to-date expert knowledge of the local market. They comment on our passion for property and notice how attention to the finest details prove our dedication to delivering the best possible service. Proactive Our willingness to go the extra 100 miles will give Landlords confidence that they are dealing with conscientious and caring individuals. Supportive Our Tenants are greeted with a warm and friendly smile and welcomed into a family atmosphere. They love that we are approachable, reliable and helpful. Where there is an issue we do our best to address it straight away, using initiative to provide solutions within a reasonable time frame. Knowledgable Our Team are part of a business that is supportive and caring about their future, with a strong desire to invest in training and opportunities for career development. We are proud of our happy and energetic people throughout all of our offices. We are 100% aligned in everything we do and enjoy delivering our service to you all. Passionate We live and breathe these values and will continue to do our very best for every person we're in touch with.
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