Ropewalk Court, Derby Road, Nottingham, Nottinghamshire, NG1

This two bedroomed purpose apartment is situated within walking distance of the city centre and boasts two double bedrooms and a family bathroom with shower.
The kitchen is modern and separate to the lounge rather than open plan like many other apartments.
There is a allocated parking space in the secure car park.

The property is ideal for investors as there is a tenant in situ paying £1000 pcm until May 2025.

Ropewalk Court sits off Maid Marion Way in Nottingham and is within easy reach of Nottingham’s student quarter. Nottingham has two of the country best universities within it and a host of other amenities including excellent transport links and facilities to suit buyers.

The lease began in December 2000 and was granted for 999 years.

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
Should you opt to use Conveyancing Services recommended by iamsold or the Partner Agent, please be advised that the Partner Agent will receive payment of up to £450.00 from the Conveyancing Provider for that recommendation where the services are taken, and a sale completes. It is important to note that recommended services are optional, and you should consider your options carefully before accepting any recommended services.