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Apartment 34, New Alexandra Court – Auction Property

Guide price £ 45,000

Type of Sale

Auction

Key Features

  • £9000 PA
  • 1 Bathroom
  • 1 Bedroom
  • Income Producing
  • Leasehold - 980 years unexpired
A large brick building with several stories on a corner lot, featuring a modern extension with a sloping roof. Surrounded by trees and greenery, New Alexandra Court Nottingham offers investment apartments for sale by auction through World of Auctions. The foreground shows road markings and a crosswalk on a clear, sunny day.
Reception area with a dark wooden desk in the foreground. The wall behind the desk has the sign "New Alexandra Court" in silver letters on a blue background. To the left, there are two elevators and beige walls. The area is well-lit with ceiling lights, perfect for showcasing investment apartments for sale by auction.
A cozy living room at New Alexandra Court Nottingham features a black leather L-shaped sofa positioned in the corner. In front of the sofa is a white square coffee table. An open window allows natural light to illuminate the space. Discover investment apartments for sale by auction with World of Auctions.
A compact kitchen with wooden cabinets, a patterned tile backsplash, and light wood flooring is featured in investment apartments for sale by auction. It includes a white oven with an electric stovetop, a washing machine, and a small refrigerator. In the foreground, there's a wooden breakfast bar with metal legs.
A small, sparsely furnished bedroom featuring a single bed with an unmade mattress and a wooden frame, a white wardrobe with mirrored doors, a light blue carpet, a window with partially pulled back curtains, and a wall-mounted heater. Ideal for those looking at investment apartments for sale by auction.
A bathroom sink with a blue and white tile backsplash. Above the sink, there is a small shelf with a mirror and a toothbrush holder mounted on the wall. A large window next to the sink offers a view of greenery outside. The floor is tiled in matching blue, complementing the quality in New Alexandra Court Nottingham's investment apartments for sale by auction.
A living room in an investment apartment for sale by auction at New Alexandra Court, Nottingham, features a white fireplace with a reflective mirror above it and two cleaning spray bottles on its mantle. Below, a modern fireplace insert displays white decorative stones. A blue vacuum cleaner rests in front of the fireplace. A flat-screen TV on a wooden stand is visible to the left. The room has beige carpet and white
A red-brick, multi-story building with large windows and red-framed entrances. The building is surrounded by a neatly landscaped area with trees and greenery. A black metal railing runs along the foreground, and the sky is partly cloudy.
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A large brick building with several stories on a corner lot, featuring a modern extension with a sloping roof. Surrounded by trees and greenery, New Alexandra Court Nottingham offers investment apartments for sale by auction through World of Auctions. The foreground shows road markings and a crosswalk on a clear, sunny day.
Reception area with a dark wooden desk in the foreground. The wall behind the desk has the sign "New Alexandra Court" in silver letters on a blue background. To the left, there are two elevators and beige walls. The area is well-lit with ceiling lights, perfect for showcasing investment apartments for sale by auction.
A cozy living room at New Alexandra Court Nottingham features a black leather L-shaped sofa positioned in the corner. In front of the sofa is a white square coffee table. An open window allows natural light to illuminate the space. Discover investment apartments for sale by auction with World of Auctions.
A compact kitchen with wooden cabinets, a patterned tile backsplash, and light wood flooring is featured in investment apartments for sale by auction. It includes a white oven with an electric stovetop, a washing machine, and a small refrigerator. In the foreground, there's a wooden breakfast bar with metal legs.
A small, sparsely furnished bedroom featuring a single bed with an unmade mattress and a wooden frame, a white wardrobe with mirrored doors, a light blue carpet, a window with partially pulled back curtains, and a wall-mounted heater. Ideal for those looking at investment apartments for sale by auction.
A bathroom sink with a blue and white tile backsplash. Above the sink, there is a small shelf with a mirror and a toothbrush holder mounted on the wall. A large window next to the sink offers a view of greenery outside. The floor is tiled in matching blue, complementing the quality in New Alexandra Court Nottingham's investment apartments for sale by auction.
A living room in an investment apartment for sale by auction at New Alexandra Court, Nottingham, features a white fireplace with a reflective mirror above it and two cleaning spray bottles on its mantle. Below, a modern fireplace insert displays white decorative stones. A blue vacuum cleaner rests in front of the fireplace. A flat-screen TV on a wooden stand is visible to the left. The room has beige carpet and white
A red-brick, multi-story building with large windows and red-framed entrances. The building is surrounded by a neatly landscaped area with trees and greenery. A black metal railing runs along the foreground, and the sky is partly cloudy.
2

Description

Property Description

Introducing Apartment 34 at The New Alexandra Court, located on Woodborough Road in Nottingham, NG3 4LN. This exceptional one-bedroom apartment on the second floor is currently up for auction, presenting a fantastic investment opportunity. The guide price is set at £45,000.The apartment comprises a hall, lounge, kitchen, bedroom, and bathroom, making it an ideal choice for a comfortable living space or a rental property. The leasehold tenure provides security with a lease term of 999 years starting from 01.06.2005.

Location and Amenities

The apartment is situated in a well-established block on Woodborough Road, conveniently close to Nottingham City Centre. This location offers easy access to a variety of shops, amenities, and transport links. The NG3 area is known for its vibrant community atmosphere, green spaces like Victoria Park, and a range of local events and initiatives.

Nottingham’s bustling city centre is just a short distance away, providing residents with a plethora of amenities, including shopping centres, restaurants, bars, and cultural attractions like Nottingham Castle and the Nottingham Playhouse. The area is well-connected by major roads such as the A52, A46, and M1 motorway, facilitating convenient travel in and out of the city.

Outdoor Activities and Accessibility

For outdoor enthusiasts, there are numerous parks and green spaces in the vicinity, offering opportunities for relaxation and recreation. The apartment is also within reach of Nottingham University Hospital, Nottingham University Study Campus, Leicester, Derby, and London, with a 50-minute train journey to Kings Cross or a 90-mile drive south.

Viewing and Purchase

Don’t miss the opportunity to view this income-producing property. Please note that a minimum of 48 hours’ notice is required for viewing.

Buyer’s Premium

A buyer’s premium applies under the fall of the hammer. The purchaser is required to pay a 10% deposit, plus a buyer’s premium of 2% of the sale price, with a minimum of £5,000 + VAT upon the exchange of the contract.

To register to bid, we require two forms of ID (Passport, Driving Licence) in compliance with the Anti-Money Laundering Act.

For more details, please visit here.

Get in touch

Tom Barrett National Sales Director
View Ammendum

Location

Apartment 34 The New Alexandra Court Nottingham NG3 4LN ///twig.ranked.joke

Viewing Details

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

Accommodation

The accommodation includes a hall, lounge, kitchen, one bedroom, and bathroom, making it an ideal living space or rental property.

Map

Street View

Property Video

Income
Income producing: The Apartment is currently producing rental income by way of a A.s.t. agreement. Of £750 per month or £9000 per annum.
The current service charge is £1,848. Ground rent £150.

EPC

EPC Rating: D
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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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