We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · NG1 3BU
For saleListed 64 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
AUCTION - CITY CENTRE INVESTMENT!
Positioned in the heart of Nottingham City Centre, this modern two-bedroom, two-bathroom apartment is available with no onward chain and offers contemporary accommodation, secure underground parking and excellent access to the city’s business, leisure and transport links.
Well suited to investors and professionals alike, the property combines a central NG1 location with a practical and well-presented layout.
This property will be offered for sale by public and online auction on Monday 26th October at 6:30pm. The apartment centres around a generous open-plan kitchen and living area.
Large windows allow an abundance of natural light into the room, creating a bright and welcoming environment, while the modern fitted kitchen integrates seamlessly into the living space.
There are two well-proportioned double bedrooms, with the master bedroom benefiting from its own private en-suite.
A separate bathroom serves the second bedroom and guests, making the layout particularly convenient for sharers, couples or those looking for additional space to work from home.
A notable benefit of the property is its secure allocated parking space within the underground car park, accessed via an electronically controlled, password-protected gate.
This flat places residents within easy reach of Nottingham’s business district as well as an extensive selection of shops, restaurants, bars and entertainment venues.
Excellent public transport connections are also readily accessible, making commuting around Nottingham and further afield straightforward.
This property will be offered for sale by public and online auction on Monday 26th October at 6:30pm. Remote bidding will be available via internet, telephone or proxy.
To register to bid on this Lot or to download the Legal Pack, please visit the Butters John Bee website or contact the Auction Team directly.
Common Auction Conditions This property is sold subject to our Common Auction Conditions (a copy is available on request) Buyers Administration Fee A buyer’s administration fee of £1,800 inc VAT is applicable to this lot.
The purchaser will pay the fee whether the property is bought before, at or following the auction date Legal Pack Purchasing a property at auction is a firm commitment that carries the same legal implications as a signed contract by private treaty.
It is important that you consult with your legal adviser before bidding and also your accountant regarding the impact of VAT, if applicable, on the sale price.
The legal pack can be viewed online via our website Legal packs can also be viewed at the selling office.
These documents should be passed to your legal adviser as they will help you make an informed decision about the lot.
If you need further legal information please contact the vendor’s solicitor whose details will be in the auction catalogue.
Remember that you buy subject to all documentation and terms of contract whether or not you have read them Viewings To view this lot, please contact the selling office Please contact our auction department direct Further details are available via the Butters John Bee website.
Addendum Check the latest addendum at the Butters John Bee website for any alterations or changes to the catalogue Guide Price An indication of the seller’s current minimum acceptable price at auction.
The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase.
It is usual, but not always the case that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing.
As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued.
This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall.
A guide price is different to a reserve price (see separate definition).
Both the guide price and the reserve price can be subject to change up to and including the day of the auction Reserve The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell.
The reserve price is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction Proof of Identity To comply with Money Laundering Regulations, on acceptance of an offer for purchase or letting, the buyer or prospective tenant will be required to provide identification to Butters John Bee.
Where a property is due to go to auction, all bidders will be required to register prior to auction Lounge/Kitchen 16'10" x 6'6" (5.15m x 2.00m) uPVC double glazed window to front elevation, hard flooring, two radiators, wall and base units, splashback tiled, sink and drainer, mixer tap, integrated fridge freezer, integrated oven, gas hob, extractor hood, spotlights to ceiling Bedroom One 13'1" x 9'2" (4.00m x 2.80m) uPVC double glazed window to front elevation, carpet flooring, radiator, spotlights to ceiling Ensuite hard flooring, WC, wash basin, shower cubicle, extractor fan Bedroom Two carpet flooring, radiator, spotlights to ceiling Bathroom tiled flooring, partially tiled walls, heated towel rail, WC, wash basin, panelled bath with shower over, glass shower screen, extractor fan Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
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See projected short-stay revenue vs a vanilla BTL for this property.
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