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Home > Find a Property > 3-Bed Duplex in Nottingham – Ideal Buy-to-Let Investment
Lot 40 - Palace Auctions & World of Auctions Joint timed Auction

3-Bed Duplex in Nottingham – Ideal Buy-to-Let Investment

Guide price £ 160,000

Type of Sale

Auction

Key Features

  • City centre location
  • Currently Vacant - Previously achieving an Income of £30000 Per Anum
  • Ideal potential buy to let investment opportunity
  • Leasehold - 999 years from and including 1 August 2001 (976 years remaining)
  • Second Floor
  • Secure allocated parking
  • Three bedroom duplex apartment
Property for sale by Auction Street view of modern building with brick and glass facade, adjacent to an older, ornate brick building. Parked cars line the street. Retail stores featuring "New Look" and "Savills" are visible on the ground floor of the modern building. Clear blue sky above. Nottingham apartment for sale by auction nearby. Presented by World of Auctions
Property for sale by Auction A modern six-story commercial building with large windows and a brown brick facade. The ground floor features a store with large red sale signs in the windows, advertising a 70% discount. Nearby, a Nottingham apartment for sale by auction adds to the area's dynamic real estate offerings. Presented by World of Auctions
Property for sale by Auction A large brick building on a street corner, housing a New Look retail store on the ground floor. The store has tall windows displaying mannequins dressed in fashionable outfits. Pedestrians pass by while a parked car is visible on the right side. The sky is clear and blue. Presented by World of Auctions
Property for sale by Auction A spacious modern kitchen and living area with wooden flooring, featuring a green upholstered sofa, a small dining table with chairs, a central island with a stove, built-in appliances, white cabinetry, and a small fridge. The room has soft, ambient lighting. Presented by World of Auctions
Property for sale by Auction A cozy living area with green upholstered seating, including a sofa and two armchairs, arranged around a wooden coffee table on a carpet. The space opens up to a small kitchen with white cabinets and appliances, visible in the background. The room is well-lit. Presented by World of Auctions
Property for sale by Auction A living room with two green couches facing a small TV on a stand. Behind the couches, large windows with white curtains cover glass doors that open to a balcony. A picture hangs on the plain wall, and a radiator is mounted below. Presented by World of Auctions
Property for sale by Auction A living room with a green couch and matching armchair, both with polka dot upholstery, placed on a carpeted floor. There's a wooden coffee table in front of the couch. The room has large windows with closed white curtains and a glass side table beside the couch. Presented by World of Auctions
Property for sale by Auction A modern kitchen with wooden flooring, featuring a small fridge, built-in oven and microwave, a transparent glass table with wooden chairs, and a countertop separating the kitchen from the rest of the room. There's also a garbage bin and a fire extinguisher on the wall. Presented by World of Auctions
Property for sale by Auction A modern kitchen with wooden flooring and an exposed wooden ceiling. It features white cabinets, stainless steel appliances including a microwave and oven, a central island with a black countertop, and an attached glass table. A door is open in the background. Presented by World of Auctions
Property for sale by Auction A modern kitchen with wooden flooring features a built-in stainless steel oven, microwave, and refrigerator with the doors open. A black granite-topped island with a wooden chair is in the foreground, and a small bed is visible in the background. Presented by World of Auctions
Property for sale by Auction A living and dining area featuring a wooden floor. There is a glass-top dining table with wooden chairs. A green couch is placed near large windows with sheer curtains allowing natural light into the room. Walls are cream-colored with minimal decor. Presented by World of Auctions
Property for sale by Auction A small bedroom with a bed featuring a yellow and white striped duvet. The bed has a gray headboard and is positioned against the walls in the corner of the room. A framed picture with a leaf design hangs on the wall above the bed. Carpeting covers part of the floor. Presented by World of Auctions
Property for sale by Auction A minimalist bedroom with a mattress on a wooden bed frame, a tall wooden dresser, a small window, a fan on a stand, and abstract paintings on the walls. The room has beige walls and a carpeted floor. Presented by World of Auctions
Property for sale by Auction A minimalist room with a single bed featuring a white mattress on a wooden frame. Adjacent to the bed is a wooden desk with a black office chair. The room has recessed ceiling lights, beige walls, and a carpeted floor. A small window and a radiator are visible. Presented by World of Auctions
Property for sale by Auction A small, simply furnished bedroom with a bed, nightstand, desk, chair, and a colorful abstract painting on the wall. The room has beige walls, a wooden door, and a carpeted floor. Two ceiling lights illuminate the space. Presented by World of Auctions
Property for sale by Auction A small, well-lit room with beige walls and carpeted floor. It features a wooden desk with a black chair, a bed partially visible in the foreground, a radiator on the back wall, a door on the right, and a three-bulb spotlight on the ceiling. Presented by World of Auctions
Property for sale by Auction A compact bathroom with a white toilet placed near the back wall, a small white pedestal sink on the right side, and a radiator on the left. The walls are tiled halfway up with a decorative border, and a mirrored cabinet is above the sink. Presented by World of Auctions
Property for sale by Auction A small bathroom with wooden ceiling features a shower cabin with a clear glass door and a white electric shower unit. The room also has a beige wall, radiator, and part of a gray upholstered bed can be seen. The flooring is wood pattern laminate. Presented by World of Auctions
Property for sale by Auction A small bathroom featuring a corner shower with glass doors. The shower has white tiled walls with a decorative tile stripe running horizontally. To the left of the shower is a white sink with a metal towel ring attached to the wall. A wooden door is partially visible on the right. Presented by World of Auctions
Property for sale by Auction A compact bathroom with a small pedestal sink and a corner glass-enclosed shower. The sink has a modern faucet, and there is a small towel ring mounted on the wall next to it. The walls have a decorative tile border and the floor is covered in small mosaic tiles. Presented by World of Auctions
Property for sale by Auction A bathroom featuring a bathtub with a showerhead, a green pedestal sink, a toilet with the lid open, and a floor with black and white checkered tiles. The walls are white with decorative blue and white tiles lining the middle. A large mirror is above the sink and tub. Presented by World of Auctions
Property for sale by Auction A narrow wooden staircase with metal railings ascends to an upper floor. The area features wooden flooring and ceiling. In the background, there is a sunlit room with a large window and a table, accessible through a doorway. Presented by World of Auctions
Property for sale by Auction A hallway with two closed wooden doors facing each other, a wall-mounted intercom system, and a radiator. The hardwood floor and light-colored walls give the space a warm feel. A portion of a third doorway is visible on the right side of the image. Presented by World of Auctions
Property for sale by Auction A room with two wooden sliding closet doors. In front of the closets, there is a white folding chair and a small white desk with a black handle. The floor is carpeted, and part of a bed with a yellow and white striped blanket is visible in the corner. Presented by World of Auctions
Property for sale by Auction A hallway with wooden flooring and white walls features a modern staircase with metallic railings and wooden steps on the right. On the left side, there are glass doors with wooden frames. A wooden ceiling adds warmth to the space. Presented by World of Auctions
Property for sale by Auction A building facade featuring large glass windows and balconies with wooden railings. The ground level has a wide doorway with an extended wooden ramp for accessibility. The building exterior shows signs of wear, with some plants and outdoor furniture on the side. Presented by World of Auctions
Property for sale by Auction An empty parking space in an indoor parking garage. The ground is concrete with some dark stains and the number "33" is painted in white. The walls are white with some exposed pipes and electrical wiring. Fluorescent lights are visible on the ceiling. Presented by World of Auctions
1
Property for sale by Auction Street view of modern building with brick and glass facade, adjacent to an older, ornate brick building. Parked cars line the street. Retail stores featuring "New Look" and "Savills" are visible on the ground floor of the modern building. Clear blue sky above. Nottingham apartment for sale by auction nearby. Presented by World of Auctions
Property for sale by Auction A modern six-story commercial building with large windows and a brown brick facade. The ground floor features a store with large red sale signs in the windows, advertising a 70% discount. Nearby, a Nottingham apartment for sale by auction adds to the area's dynamic real estate offerings. Presented by World of Auctions
Property for sale by Auction A large brick building on a street corner, housing a New Look retail store on the ground floor. The store has tall windows displaying mannequins dressed in fashionable outfits. Pedestrians pass by while a parked car is visible on the right side. The sky is clear and blue. Presented by World of Auctions
Property for sale by Auction A spacious modern kitchen and living area with wooden flooring, featuring a green upholstered sofa, a small dining table with chairs, a central island with a stove, built-in appliances, white cabinetry, and a small fridge. The room has soft, ambient lighting. Presented by World of Auctions
Property for sale by Auction A cozy living area with green upholstered seating, including a sofa and two armchairs, arranged around a wooden coffee table on a carpet. The space opens up to a small kitchen with white cabinets and appliances, visible in the background. The room is well-lit. Presented by World of Auctions
Property for sale by Auction A living room with two green couches facing a small TV on a stand. Behind the couches, large windows with white curtains cover glass doors that open to a balcony. A picture hangs on the plain wall, and a radiator is mounted below. Presented by World of Auctions
Property for sale by Auction A living room with a green couch and matching armchair, both with polka dot upholstery, placed on a carpeted floor. There's a wooden coffee table in front of the couch. The room has large windows with closed white curtains and a glass side table beside the couch. Presented by World of Auctions
Property for sale by Auction A modern kitchen with wooden flooring, featuring a small fridge, built-in oven and microwave, a transparent glass table with wooden chairs, and a countertop separating the kitchen from the rest of the room. There's also a garbage bin and a fire extinguisher on the wall. Presented by World of Auctions
Property for sale by Auction A modern kitchen with wooden flooring and an exposed wooden ceiling. It features white cabinets, stainless steel appliances including a microwave and oven, a central island with a black countertop, and an attached glass table. A door is open in the background. Presented by World of Auctions
Property for sale by Auction A modern kitchen with wooden flooring features a built-in stainless steel oven, microwave, and refrigerator with the doors open. A black granite-topped island with a wooden chair is in the foreground, and a small bed is visible in the background. Presented by World of Auctions
Property for sale by Auction A living and dining area featuring a wooden floor. There is a glass-top dining table with wooden chairs. A green couch is placed near large windows with sheer curtains allowing natural light into the room. Walls are cream-colored with minimal decor. Presented by World of Auctions
Property for sale by Auction A small bedroom with a bed featuring a yellow and white striped duvet. The bed has a gray headboard and is positioned against the walls in the corner of the room. A framed picture with a leaf design hangs on the wall above the bed. Carpeting covers part of the floor. Presented by World of Auctions
Property for sale by Auction A minimalist bedroom with a mattress on a wooden bed frame, a tall wooden dresser, a small window, a fan on a stand, and abstract paintings on the walls. The room has beige walls and a carpeted floor. Presented by World of Auctions
Property for sale by Auction A minimalist room with a single bed featuring a white mattress on a wooden frame. Adjacent to the bed is a wooden desk with a black office chair. The room has recessed ceiling lights, beige walls, and a carpeted floor. A small window and a radiator are visible. Presented by World of Auctions
Property for sale by Auction A small, simply furnished bedroom with a bed, nightstand, desk, chair, and a colorful abstract painting on the wall. The room has beige walls, a wooden door, and a carpeted floor. Two ceiling lights illuminate the space. Presented by World of Auctions
Property for sale by Auction A small, well-lit room with beige walls and carpeted floor. It features a wooden desk with a black chair, a bed partially visible in the foreground, a radiator on the back wall, a door on the right, and a three-bulb spotlight on the ceiling. Presented by World of Auctions
Property for sale by Auction A compact bathroom with a white toilet placed near the back wall, a small white pedestal sink on the right side, and a radiator on the left. The walls are tiled halfway up with a decorative border, and a mirrored cabinet is above the sink. Presented by World of Auctions
Property for sale by Auction A small bathroom with wooden ceiling features a shower cabin with a clear glass door and a white electric shower unit. The room also has a beige wall, radiator, and part of a gray upholstered bed can be seen. The flooring is wood pattern laminate. Presented by World of Auctions
Property for sale by Auction A small bathroom featuring a corner shower with glass doors. The shower has white tiled walls with a decorative tile stripe running horizontally. To the left of the shower is a white sink with a metal towel ring attached to the wall. A wooden door is partially visible on the right. Presented by World of Auctions
Property for sale by Auction A compact bathroom with a small pedestal sink and a corner glass-enclosed shower. The sink has a modern faucet, and there is a small towel ring mounted on the wall next to it. The walls have a decorative tile border and the floor is covered in small mosaic tiles. Presented by World of Auctions
Property for sale by Auction A bathroom featuring a bathtub with a showerhead, a green pedestal sink, a toilet with the lid open, and a floor with black and white checkered tiles. The walls are white with decorative blue and white tiles lining the middle. A large mirror is above the sink and tub. Presented by World of Auctions
Property for sale by Auction A narrow wooden staircase with metal railings ascends to an upper floor. The area features wooden flooring and ceiling. In the background, there is a sunlit room with a large window and a table, accessible through a doorway. Presented by World of Auctions
Property for sale by Auction A hallway with two closed wooden doors facing each other, a wall-mounted intercom system, and a radiator. The hardwood floor and light-colored walls give the space a warm feel. A portion of a third doorway is visible on the right side of the image. Presented by World of Auctions
Property for sale by Auction A room with two wooden sliding closet doors. In front of the closets, there is a white folding chair and a small white desk with a black handle. The floor is carpeted, and part of a bed with a yellow and white striped blanket is visible in the corner. Presented by World of Auctions
Property for sale by Auction A hallway with wooden flooring and white walls features a modern staircase with metallic railings and wooden steps on the right. On the left side, there are glass doors with wooden frames. A wooden ceiling adds warmth to the space. Presented by World of Auctions
Property for sale by Auction A building facade featuring large glass windows and balconies with wooden railings. The ground level has a wide doorway with an extended wooden ramp for accessibility. The building exterior shows signs of wear, with some plants and outdoor furniture on the side. Presented by World of Auctions
Property for sale by Auction An empty parking space in an indoor parking garage. The ground is concrete with some dark stains and the number "33" is painted in white. The walls are white with some exposed pipes and electrical wiring. Fluorescent lights are visible on the ceiling. Presented by World of Auctions
2

Description

Introducing a fantastic opportunity Apartment 33 Crusader House, Thurland Street, Lace Market, Nottingham, NG1 3BT

 

Available for sale via Modern Auction

Chance to own a stunning three bedroom duplex apartment in the heart of Nottingham City Centre. This spacious property boasts three double bedrooms, secure allocated parking, and a generous terrace/outside space for relaxing and entertaining.

Situated in a prime city centre location, this apartment offers easy access to a wide range of shops, bars, and restaurants, as well as excellent public transport links. Ideal for investors, this property has great potential as a buy to let opportunity, with an estimated rental value of £2,000 per calendar month or £24,000 per annum.

The apartment features a communal entrance with secure entry, a reception hallway, a cloakroom, and an open plan lounge/dining/kitchen area. The kitchen/dining space includes a centre island, fitted wall and base cabinets, a sink unit, and integrated appliances. The living area opens out onto the spacious terrace, perfect for enjoying the outdoors.

The three bedrooms offer ample space, with built-in wardrobes and en-suite facilities in two of the rooms. The property also includes secure allocated parking space. Additional features include leasehold tenure, an EPC rating of B, and broadband options ranging from standard to ultrafast speeds.

Location

With nearby points of interest such as shopping, dining, and entertainment options, this property offers a convenient and vibrant city living experience.

Crusader House is a residential building situated on Thurland Street in the heart of Nottingham’s vibrant city centre. This prime location places it within easy walking distance of the Nottingham Trent University (NTU) city campus, the historic Lace Market, and the trendy Hockley Quarter, making it ideal for students and professionals alike

The area is well-served by excellent public transport links, including nearby tram stops that provide convenient access to the University of Nottingham and the Queen’s Medical Centre

Additionally, the building is close to the Victoria Shopping Centre, offering a variety of retail options, and is surrounded by a wealth of independent restaurants and bars, enhancing its appeal for those seeking a lively urban lifestyle

Crusader House also benefits from secure allocated parking and modern amenities such as double glazing and mains supply utilities

BUYER’S PREMIUM

Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, a minimum of £5,000 + VAT upon exchange of the contract.

When registering to bid with us we will require 2 forms of ID (Passport, Driving Licence) to fit in line with the Anti-Money Laundering Act.

Get in touch

Edward Swindells Consultant Auctioneer & Valuer

Location

Crusader House, Thurland Street, Lace Market, Nottingham, NG1 3BT ///look.loved.spring

Viewing Details

Viewing’s Available subject to 48 Hours Notice upon request with one of our agents.

Accommodation

Communal entrance With secure entry door, intercom along with lift and stairs.

 

Reception hallway – With stairs off to upper floor and cloaks cupboard.

 

Cloakroom – With low flush WC and wash hand basin.

 

Open plan Lounge/dining/kitchen –

 

Kitchen/dining – 5.76m x 4.19m (18ft11 x 13ft9) With centre island, fitted wall and base cabinets, sink unit and integrated appliances.

 

Living area – 4.11m x 4.72m (13ft6 x 15ft6) With doors opening out onto the large terrace.

 

Terrace – 10.5m x 4.20m A superb outside space for relaxing and entertaining.

 

Bedroom one – 3.47m x 2.68m (11ft5 x 8ft10) With built in wardrobe and shower cubicle.

 

Landing –

 

Bedroom two – 5.67m x 4.57m overall (18ft7 x 15ft0) With built in wardrobes.

 

En-Suite – Incorporating wash hand basin, bath, and low level W/C.

 

Bedroom three – 4.13m x 4.19m (13ft7 x 13ft9)
En-Suite – With low flush WC wash hand basin and shower cubicle.

 

Parking Arrangements: Secure Allocated Parking. Parking Space 33.

 

Map

Street View

Property Video

Income
Current Vacant - Previously producing an Income of £30,000 Per annum
Estimated Rental Income of £2,000 - £2,500 PCM
£175.00 per annum. – A statement from Homeground who collect Ground Rent on behalf of the Landlord has been provided.
The management pack indicates the service charge due for the period 01/01/2023-31/03/2024 was £2,532.77.

EPC

EPC Rating: B
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Important Notices & Guidance Notes

Important notices

Pre-registration approval to bid, guide prices, reserves, additional charges and other matters.

Pre-registration approval to bid World of Auctions now require all bidders who wish to bid at our Auctions to register. All checks required by current anti-money laundering legislation must be satisfactorily completed as part of this process before prior approval to bid will be given.

Please use the links on our website to pre-register. Following approval to bid, the buyer named in your registration cannot be changed without the consent of the auctioneers.

Guide Prices

A guide price (to include a range of prices), is not an indication of the anticipated eventual selling price or a valuation; it is an indication of the minimum price ( “the Reserve” ) at which (or range of prices within which) the seller might be prepared to sell. The eventual sale price can and frequently does, exceed the guide price.

Where a range is given, the Reserve will sit within that range and will not exceed the top end of the range. Where a single figure Guide Price is given, the Reserve will be within 10%, upwards or downwards, of that figure.

The guide price may be subject to change up to and including the day of the auction. The latest published guide price (or range of prices) is displayed on our website, and you should check the website regularly for updates and on the day of the auction.

All guide prices are quoted “subject to contract”.

Please note the guide price for the Lot does not include: – any Buyers’ Fee charged by the auctioneers; – VAT on the sale price; – SDLT or any other Government taxes.

Additional costs and fees charged by the seller or third parties that might apply to some Lots and/or some buyers.

If a guide price is listed as “TBA”, it means no guide price has been set at present. Please do call our office about this. The guide price, or range of prices, will be published online immediately it becomes available and you should check the auction website regularly for updates and on the day of the auction.

Reserve Prices

The reserve price is the minimum price at which the Lot can be sold.

Whilst every effort is made to ensure that the advertised guide prices are up to date. it is possible that the reserve price set for any Lot may exceed the previously quoted guide price. This is because the seller may fix the final reserve price just before the Lot is offered for sale and you should check the website regularly for updates and on the day of the auction.

World of Auctions, Residential and Commercial Auctions. Our content is meticulously curated by our seasoned professionals, specifically tailored for discerning property buyers. Our platform is best suited for experienced institutional or business buyers, as well as individuals equipped with the necessary knowledge and expertise to make informed purchasing decisions. We deal in properties that come with their own unique set of risks, which our sophisticated buyers understand. If you’re uncertain about meeting these prerequisites, we recommend seeking independent advice or reaching out to us directly.”

Buyers Premium 

A buyer’s premium is an additional charge that successful bidders are required to pay on top of their final bid price at a property auction. This fee is typically a percentage of the final bid and is paid directly to the auction house. It serves as a kind of commission for the auctioneer’s services. The exact percentage can vary depending on the auction house. At world of Auctions our buyers premium on Property (Real Estate sales) is normally £5000 plus vat. It is usually clearly stated in the auction’s terms and conditions. It’s crucial for bidders to factor in the buyer’s premium when determining their maximum bid, as it significantly affects the total cost of the property.

Buyers’ fees, Seller’s fees and additional charges

For each Lot, a documentation charge / Fee is payable on the fall of the hammer to World of Auctions as follows:

Residential Auctions – Lots sold for £10,000 or more: Buyers’ Fee of £1,500 inclusive of VAT.

Lots sold for less than £10,000: Buyers’ Fee of £500 inclusive of VAT.

Commercial Properties – All Lots: Buyers Fee £1,000 excluding VAT

Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees and to check the addendum which might also (but does not always) contain details of such amounts.

VAT may be chargeable in addition to the sale price for the Lot. The auctioneer will announce this and will be contained within the particulars.

Other Matters

Please note that Lots may be sold or withdrawn at any time prior to auction.

Please note that the amount of Bidder Security (payable on application to bid at the auction) and the Buyer’s Fee may be varied from the standard amounts quoted upon or website or by a member of our sales team. So please check.

Please refer to the addendum, the Particulars and/or the conditions of sale.

Mapping data licensed from Ordnance Survey with the permission of the Controller of Her Majesty’s Stationery Office. © Crown Copyright. All rights reserved. Licence number 100022432. Location plans are reproduced from the Ordnance Survey mapping with the permission of Ordnance Survey on behalf of the Controller of Her Majesty’s Stationery Office, © Crown copyright and Database Rights 2018 OS 100060020

The plans and photographs shown in the catalogue are included in order to assist you in locating the Lot in question. They are not to be taken as drawn to scale and any arrows on plans or photographs are merely to assist you in finding the Lot, not for the purpose of indicating legal boundaries or which direction the lot is facing.

The Auctioneers do not warrant or represent that any plans or photographs show the up-to-date position with regard to occupiers either for the Lot or for any other properties shown in such plans or photographs.

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