1 bed apartment to buy in NG3

Woodborough Road, Nottingham, Nottinghamshire, NG3 4LN

Brochure

Bedrooms: x 1

Bathrooms: x 1

Receptions: x 1

Tenure: Leasehold

Connecting to auction...

Starting bid£50,000

Please wait while we establish connection

Key Information

Council tax: Band A
EPC rating: B
Heating supply: Electric
Electricity: National Grid
Broadband: FTTP (fibre to the premises)
Mobile signal: Good
Parking: Allocated, Off Street, Secure

Property features

Being Sold via Secure Sale online bidding. Terms and Conditions apply
Open-plan living, dining, and kitchen area: spacious and bright communal area designed for modern living
Contemporary shower room: stylish bathroom features a modern walk-in shower
Investment potential: attractive opportunity for investors, with a strong potential rental income of approximately £750 per calendar month, promising a healthy yield
Prime Nottingham location: Good access Nottingham's vibrant array of shops, restaurants, cultural attractions, and entertainment venues, all within easy walking distance.
Modernised interior: updated to a high standard, offering a fresh, contemporary aesthetic and ready-to-move-in condition
Spacious double bedroom: generously sized bedroom providing a peaceful sanctuary
Secure, Gated Parking.
Long lease: The property benefits from a substantial remaining lease term, enhancing its appeal as a secure and long-term investment

1 bed apartment to buy in NG3

An exceptional opportunity awaits to acquire a meticulously modernised and updated furnished one-bedroom apartment, ideally situated within the highly sought-after The New Alexandra Court in Nottingham.

This property presents a perfect blend of contemporary living and convenience, making it an attractive prospect for both owner-occupiers and discerning investors.

Upon entering, you are greeted by a welcoming hallway that leads into the heart of the home: a bright open-plan living, dining, and kitchen area. This thoughtfully designed space is perfect for entertaining or relaxing, boasting a seamless flow that maximises natural light and functionality. The kitchen area is well-appointed, offering a modern aesthetic and practical layout for everyday use.

The apartment features a good size double bedroom, providing a tranquil retreat with ample space for furnishings. The good-sized bathroom is a standout, having been updated to include a contemporary walk-in shower. The entire property has undergone a comprehensive modernisation, ensuring a fresh, contemporary feel throughout.

The property is offered furnished, a complete investment opportunity.

One of the significant advantages of this apartment is the inclusion of secure, gated parking, a highly desirable feature in a city location. The New Alexandra Court itself is a well-maintained block, offering residents peace of mind and a pleasant living environment. The property benefits from a long lease, adding to its appeal as a secure investment.

Location is paramount, and this apartment excels in that regard. It is perfectly positioned to take advantage of Nottingham's vibrant city centre, with its extensive array of shops, restaurants, cultural attractions, and entertainment venues all within easy reach. Excellent local transport links are readily accessible, providing convenient connections across the city and beyond. Furthermore, a wealth of nearby amenities ensures all daily needs are catered for.

For investors, this property represents an outstanding opportunity. It is particularly popular with investors, offering a strong potential rental income of approximately £750 per calendar month, which translates to an attractive yield. With its modern finish, desirable features, and prime location, this apartment is poised to attract quality tenants.

Please note the vendor has added extra insulation to the external walls and the EPC has been upgraded to a B rating.

Length of Lease: 978
Annual Ground Rent Amount: £150.00
Annual Service Charge Amount: £2,462.00

Open map Street view

This property is being sold subject to unconditional reservation fee auction terms and conditions.

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable.

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.

More Information

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:

My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.

If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.

Any amount payable at the close of the auction must be paid within 1 hour.

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.

Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.

The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.

It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.

The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.

Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions.

More Information is available:

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

The legal pack is not yet available. The auction will not end until the legal pack has been made available here for at least 24 hours.

Heating supply: Electric
Electricity supply: National Grid
Water supply: Direct mains water
Sewerage supply: Standard UK domestic
Air conditioning: No
Broadband: FTTP (fibre to the premises)
Mobile signal: Good

Construction

Year built: 1960
Construction materials: Brick and block
Roofing types: Flat

Building Safety

Property at particular risk of floods and/or erosion: No
Has flooded in last five years: No
Has flood defences: No
Has planning permission or proposals for development that will affect property: No
Is on a coalfield or mining area: No

Rights and Restrictions

Is listed building: No
Is conservation area: No
Has public right of way: No
Has accessibility adaptations: No
Has restrictions: No
Has required access (easements, servitude or wayleaves): No

Get a free valuation that fits your needs.

Whether you’d like an instant online estimate or an expert visit to discuss your home in detail, our team will give you clear, honest advice and help you plan your next move.

Free Expert Home Visit Valuation Get an Instant Online Valuation

These results are for a repayment mortgage and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Land Tax rates are based on UK government guidelines and are subject to change. This calculator is for guidance only. Please consult a qualified professional for advice on your specific circumstances.