* MODERN METHOD OF AUCTION *
Located in the heart of Hockley, this two-bedroom apartment with open plan living, balcony and two bathrooms benefits from a secure allocated parking space and no onward chain!
Situated in Hockley, the vibrant heart of Nottingham city centre with many independent cafes, restaurants and shops on your doorstop. The convenient location makes this a great investment opportunity as a student or professional buy to let.
The sixth-floor apartment positioned within B block of the highly desirable Castle Exchange buildings comprises in brief of an entry way with immediate access to the main bathroom and a storage cupboard, leading through to the open plan kitchen/lounge/dining area with balcony. Further access to two double bedrooms, the master benefitting from an en-suite shower room.
LOCATION:
0.4 Miles – Nottingham Trent University
2.4 Miles – University Of Nottingham
2.2 Miles – Queens Medical Centre
0.2 Miles – Lace Market Tram Stop
0.5 Miles – Broadmarsh Bus Station
0.6 Miles – Nottingham Railway Station
MATERIAL INFORMATION:
Council Tax Band: D
Local Authority: Nottingham City Council
Tenure: Leasehold
Lease Length: 999 years from 1 October 2003
Service Charge: £3428 p/a (paid in 6 monthly instalments)
Ground Rent: £250 p/a (paid in 6 monthly instalments)
Ground Rent Review Period: 25 years
Ground Rent Review Amount: Based on capitol value
Next Ground Rent Review: 01/10/28
Parking Arrangements: Secure Allocated Parking (1 space)
Property Construction: Standard
Electricity Supply: Mains | Octopus
Water Supply: Mains | Severn Trent
Sewerage: Mains | Severn Trent
Heating Supply: Electric
Broadband: Ultrafast
Mobile Signal Coverage: Good outdoor & in-home
Building Safety Issues: None. Cladding recently upgraded with Government funding.
Restrictions: None known
Rights And Easements: None
Flood Risks Or Previous Flooding: No
Past Or Present Planning Permissions Or Applications: No
Is the property located in a Coalfield Or Mining Area: No
AUCTION:
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.