2 bedroom flat for sale

*Modern Method of Auction

Perfect for Investors! This stylish two-bedroom, two-bathroom apartment in Nottingham’s Litmus Building offers city-centre living with modern perks.


*Modern Method of Auction*

This modern two-bedroom, two-bathroom apartment within the highly regarded Litmus Building is offered for sale with tenants in situ, generating a 12.9% gross yield based on the current guide price, a fantastic opportunity for investors.

Situated on the third floor, the apartment is just a short walk from the full range of amenities Nottingham City Centre has to offer. The building features a concierge service in the entrance foyer and a host of on-site leisure facilities, including a fully equipped gym and swimming pool.

*Ready-made investment*

The contemporary kitchen is fitted with striking red gloss units and includes integrated appliances such as a fridge freezer, washing machine, dishwasher, and oven. The open-plan kitchen/living area benefits from large windows and patio doors, leading to a spacious balcony overlooking Huntingdon Street and the City Centre.

The main bedroom boasts spectacular views across Nottingham and includes an en-suite shower room with a shower, WC, sink, mirror, and heated towel rail. The second bedroom is an internal double room, ideal for guests or home office use.

The main bathroom features a bath with overhead shower, sink, mirror, WC, and heated towel rail. Both bathrooms are finished to a modern standard with neutral décor.

The property is currently tenanted, making it an attractive investment opportunity

Residents benefit from secure entry, lift access, and access to on-site facilities

Please get in touch for more information or to arrange a viewing.

Council Tax Band: C
Tenure: Leasehold
Service Charge: £3,286.60
Ground Rent: £150
Ground Rent Review Period: tbc
Ground Rent Review Amount: tbc
Next Ground Rent Review: tbc
Parking Arrangements: Allocated
Property Construction: Standard
Electricity Supply: Mains
Water Supply: Mains
Sewerage: Mains
Heating Supply: Electric
Broadband: Refer to Ofcom
Mobile Signal Coverage: No known issues
Building Safety Issues: Managing agents applying through Goverment funding.
Restrictions: None
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 NOTES:

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 £300.00 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.

AGENTS NOTE:
We have not tested any of the electrical, central heating or sanitaryware appliances. Purchasers should make their own investigations as to the workings of the relevant items. Floor plans are for identification purposes only and not to scale. All room measurements and mileages quoted in these sales particulars are approximate. In line with The Money Laundering Regulations 2007 we are duty bound to carry out due diligence on all our clients to confirm their identity. Rather than traditional methods in which you would have to produce multiple utility bills and a photographic ID we use an electronic verification system. This system allows us to verify you from basic details using electronic data, however it is not a credit check of any kind so will have no effect on you or your credit history.

FIXTURES AND FITTINGS:
All those items mentioned in these particulars by way of fixtures and fittings are deemed to be included in the sale price. Others, if any, are excluded. However, we would always advise that this is confirmed by the purchaser at the point of offer.