1 bed flat for sale

Ristes Place, Nottingham NG1

Summary

Being Sold via Secure Sale online bidding. Terms & Conditions apply.

Discover an outstanding investment opportunity with this well-presented one-bedroom apartment, ideally situated on the second floor of New Court, Nottingham. This property is being offered for sale via Secure Sale online bidding, providing a transparent and efficient purchasing process. Terms and conditions apply. An immediate 'exchange of contracts' is available, streamlining the transaction for interested buyers.

The apartment itself boasts a thoughtfully designed open-plan living, dining, and kitchen area, creating a spacious and contemporary feel perfect for modern living. The layout maximises natural light and offers a versatile space for relaxation and entertaining. The kitchen area is well-appointed, catering to all daily needs.

Accommodation comprises a comfortable double bedroom and a separate, well-maintained bathroom. The property benefits from a Council Tax band C rating and an impressive EPC rating of B, indicating good energy efficiency and potentially lower running costs.

One of the most compelling features of this apartment is its prime location. Residents will appreciate being within easy walking distance of Nottingham city centre's extensive array of amenities, including shops, restaurants, cultural attractions, and vibrant nightlife. Excellent transport links are also readily accessible, making commuting and travel straightforward.

This secure bidding sale offers a unique chance to acquire a valuable asset in a sought-after urban location. Whether you are a seasoned investor looking to expand your portfolio or a first-time buyer seeking a property with strong rental potential, this apartment in New Court warrants serious consideration. Do not miss this opportunity to secure a property that combines convenience, modern living, and excellent financial prospects.

Council Tax Band: C
Tenure: Leasehold
Length of Lease: 976
Annual Ground Rent Amount: 284.00
Annual Service Charge Amount: 1,895.00

Auctioneers Additional Comments

Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.