Next auction Thursday 25th April 2.30PM

Apartment 15 The Living Quarter, 2 St. Marys Gate, Nottingham, NG1 1PF

Guide price


Property Type




Key Features

  • Long Leasehold second floor apartment in the heart of the Nottingham Lace Market
  • Currently let at £895 pcm (£10,740 per annum)
  • A short distance from New College Nottingham, NTU City Campus and the Lace Market tram stop

Part of the 15 April 2021 auction
at 2.30PM

Long leasehold 2nd floor two bedroom apartment located in the heart of the Lace Market in Nottingham City Centre. Currently let at £10,740 pa

  • Located in the heart of the Nottingham Lace Market
  • Ideally situated close to NTU City Campus
  • Close to New College Nottingham and Lace Market Tram stop
  • Attractive communal entrance giving access to stairs and lifts
  • Benefits from entry phone system and on-site concierge
  • 2nd floor apartment accessed via communal corridor
  • Open plan kitchen, diner and reception room
  • Bathroom & 2 x double bedrooms (1 x en-suite shower room)
  • Property is let at £895 pcm (£10,740 pa)
  • Tenant has given notice to vacate in July 2021
  • Long leasehold for 125 years from 2007
  • Service charge £422.31 per quarter
  • Ground rent £379.96 per annum
  • Ideal investment or owner occupier opportunity

Please contact Auction Estates on 0115 7844 600


A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Long Leasehold for 125 years from 01/01/2006, subject to an occupational tenancy at £895 pcm (£10,740 pa). The tenant has given notice to vacate in July 2021.

Telephone: 0115 9246802

Your next steps...

For more property information
contact us