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£70,000

Marco Island, Huntingdon Street, Nottingham, NG1

  • 1 bed
Flat

£70,000

  • 1 bed
Flat
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Estimate monthly mortgage payment:

£320 per month

Minimum deposit amount:

£3,500
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This property is to be offered for sale by PROPERTY SOLVERS ONLINE UNCONDITIONAL AUCTION (28-DAY IMMEDIATE EXCHANGE).

Bidding opens on the 19th of February 2025 at 12:00 and closes on the 3rd of March at 12:00 with a GUIDE PRICE of �70,000.

Property Solver Online Auctions presents this modern fifth-floor apartment (449 sq ft) located at Marco Island, Huntingdon Street, Nottingham, NG1 1AR

Nestled in the heart of Nottingham�s vibrant city centre, this stylish one-bedroom apartment offers an exceptional investment opportunity. Located in the sought-after Marco Island development, this modern property is ideal for both investors and professionals seeking city living. With its sleek, open-plan living room, dining area, and kitchen (167.48 sq ft) large windows that flood the space with natural light, and contemporary fittings throughout, the apartment provides a comfortable and stylish urban retreat. The spacious master bedroom (80.08 sq ft) offers ample storage and comfort.

This apartment is a proven income-generating asset, benefiting from strong rental demand in Nottingham�s bustling city centre. The prime location ensures easy access to Nottingham Trent University, local businesses, shops, restaurants, and nightlife, making it highly attractive to both students and young professionals. Public transport links, including the Nottingham train station and tram network, are just a short walk away, enhancing the property's convenience and desirability for tenants.

With a strong rental yield and a history of consistent occupancy, this one-bedroom apartment is a fantastic addition to any property portfolio. Whether you�re a seasoned investor or looking to start your buy-to-let journey, this property in Marco Island presents a lucrative and hassle-free opportunity in one of Nottingham�s most dynamic rental markets.

More Information

The Property Solvers Auctions enquiry line is open 24/7 and we're happy to answer any questions.

28-day unconditional auction terms + conditions, AML requirements and fees are available on our website (Google "Property Solvers Auctions" and select "Auction Property for Sale" in the navigation).

The preliminary legal pack can be viewed directly via the auction listing itself.� Property Solvers Auctions will update the legal pack and inform all parties that express interest in bidding. For conveyancing searches that are not received in time for the auction, a Professional Indemnity Insurance policy can be taken out.

Notice to Bidders

This property is being sold under Property Solvers' Unconditional Auction terms. Once the virtual hammer falls, the buyer has exchanged contracts at the fall of the virtual gavel. The minimum deposit of 10% will then need to be paid into the Property Solvers client account (unless otherwise agreed).

Property Solvers will then transfer the 10% deposit to the conveyancer's account. The buyer is under contract to complete on the sale within 28 days. Failing to do so means that the buyer will lose the deposit paid to Property Solvers in addition to abortive legal costs.

As part of the Property Solvers Online Auction process, bidders will be required to register online and provide proof of ID documents (passport and photo driving license).� For a full list of requirements please see the legal pack documents.

Buyer Reservation Fee

A 2% + VAT (non-refundable) fee (subject to a minimum of �2,400 including VAT) plus a �150 (including VAT) processing fee will be due from the winning bidder.

Generally speaking, guide prices are provided as an indication of each seller's minimum expectation, i.e. 'the reserve'. They are not necessarily figures which a property will sell for and may change at any time before the auction.

Virtually every property will be offered subject to a reserve (a figure below which the auctioneer cannot sell the property during the auction) which we expect will be set within the guide range or no more than 10% above a single figure guide.
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