1 bedroom apartment for sale

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £70,000

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.

Discover an outstanding investment opportunity with this well-presented one-bedroom apartment, ideally situated on the second floor of New Court, Nottingham. This property is being offered for sale via Secure Sale online bidding, providing a transparent and efficient purchasing process. Terms and conditions apply, with a starting bid of £70,000. An immediate 'exchange of contracts' is available, streamlining the transaction for interested buyers.

The apartment itself boasts a thoughtfully designed open-plan living, dining, and kitchen area, creating a spacious and contemporary feel perfect for modern living. The layout maximises natural light and offers a versatile space for relaxation and entertaining. The kitchen area is well-appointed, catering to all daily needs.

Accommodation comprises a comfortable double bedroom and a separate, well-maintained bathroom. The property benefits from a Council Tax band C rating and an impressive EPC rating of B, indicating good energy efficiency and potentially lower running costs.

One of the most compelling features of this apartment is its prime location. Residents will appreciate being within easy walking distance of Nottingham city centre's extensive array of amenities, including shops, restaurants, cultural attractions, and vibrant nightlife. Excellent transport links are also readily accessible, making commuting and travel straightforward.

Currently, the property is tenanted, generating a rental income of £700 per month, making it an immediately income-producing asset for any investor. This established tenancy, combined with the property's desirable features and location, underscores its appeal as a 'buy-to-let' investment.

This secure bidding sale offers a unique chance to acquire a valuable asset in a sought-after urban location. Whether you are a seasoned investor looking to expand your portfolio or a first-time buyer seeking a property with strong rental potential, this apartment in New Court warrants serious consideration. Do not miss this opportunity to secure a property that combines convenience, modern living, and excellent financial prospects.

Council: Nottingham City Council

Council Tax band: C

EPC rating: B

Tenure: Leasehold 976 years remaining

Current service charge for 2026 - £1895.92

Ground rent £284 per annum

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.

An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.