Hounds Gate, Nottingham City Centre

Property Details: - Type: Apartment - Bedrooms: 1 - Bathrooms: 1

Agent: haart Estate Agents - Nottingham Phone: 0115 774 8989

This purpose-built student studio apartment is offered to the market with no onward chain and presents an excellent investment opportunity generating £5,332/ year circa for those looking to expand their portfolio. <br/><br/>The accommodation offers a self-contained studio layout designed for practical modern living. The main living and sleeping space benefits from fitted wardrobe storage, as well as fitted furniture including a bed and a desk. The kitchen area is thoughtfully arranged with wall and base units, work surfaces, and a built-in electric oven. Completing the apartment is a contemporary wet room style bathroom.<br/><br/>Residents also benefit from access to excellent communal facilities including a gym, communal room and laundry facilities, helping to enhance tenant appeal and long-term rental demand. The property is ideally positioned within walking distance of Nottingham Trent University, the Lace Market, Motorpoint Arena, shops, restaurants, bars and excellent transport links throughout the city.<br/><br/>For sale by public and online auction on Monday 13th July 2026 at 6.30pm via Butters John Bee Auctioneers.<br/><br/>Butters John Bee Auctioneers offer remote bidding via internet, telephone or proxy. To register to bid on this Lot, or to download the Legal Pack - please see the Butters John Bee website or call the auction team direct<br/><br/>Common Auction Conditions <br/>This property is sold subject to our Common Auction Conditions (a copy is available on request)<br/><br/>Buyers Administration Fee<br/>A buyer’s administration fee of £1,800 inc VAT is applicable to this lot. The purchaser will pay the fee whether the property is bought before, at or following the auction date<br/><br/>Legal Pack<br/>Purchasing a property at auction is a firm commitment that carries the same legal implications as a signed contract by private treaty. It is important that you consult with your legal adviser before bidding and also your accountant regarding the impact of VAT, if applicable, on the sale price. The legal pack can be viewed online via our website . Legal packs can also be viewed at the selling office. These documents should be passed to your legal adviser as they will help you make an informed decision about the lot. If you need further legal information please contact the vendor’s solicitor whose details will be in the auction catalogue. Remember that you buy subject to all documentation and terms of contract whether or not you have read them<br/><br/>Viewings <br/>To view this lot, please contact the selling office<br/><br/>Please contact our auction department direct[use Contact Agent Button]<br/>Further details are available via the Butters John Bee website.<br/><br/>Addendum<br/>Check the latest addendum at the Butters John Bee website for any alterations or changes to the catalogue<br/><br/>Guide Price<br/>An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction<br/><br/>Reserve<br/>The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction<br/><br/>Proof of Identity<br/>To comply with Money Laundering Regulations, on acceptance of an offer for purchase or letting, the buyer or prospective tenant will be required to provide identification to Butters John Bee. Where a property is due to go to auction, all bidders will be required to register prior to auction