Apartment T201, Nottingham One Tower, 156 Canal Street, Nottingham NG1 7HG

Ideal investment opportunity. This modern one bedroom, open plan living upper floor apartment in the heart of Nottingham City Centre, Canal Street, within walking distance to City amenities and train station with direct routes to London.

Currently let at £795.00, converting to an impressive yield of 14.7% based on the current guide price.

The accommodation briefly comprises of secure intercom entry into the building with a lift to each floor. Upon entry there is an entrance hall with access to all rooms. The open plan modern kitchen/living has views over Nottingham and offers additional space for a breakfast table. There is a double bedrooms and a modern shower room.

The property has an allocated underground parking space.

Tenancy
Current tenancy at £795 per calendar month commenced on the 21st March 2025 and expires on 20th March 2026.

Leasehold Information
Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Note to Buyers
Prospective buyers are to note that the legal pack does not include a leasehold sale pack and are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Subject to a tenancy

Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 1.2% of the purchase price (subject to a minimum of £1,500 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms. 

Draft Sales Particulars
These sales details are awaiting vendor approval