swankyman Posted October 9, 2012 Share Posted October 9, 2012 The one-bedroom studio apartment is in a grade-II listed building in Bath Street, which was built in 1876 and is thought to be one of the first apartment blocks to be built in Europe.Estate agent Matt Hilton inside the flat's kitchen• • •And it is 95 per cent cheaper than the price of the UK's average apartment, which currently stands at around £240,000, according to Land Registry figures. In Nottingham, the average price for all properties is £84,372. Matt Hilton, Heb partner and auctioneer, said: "This is the most reasonably-priced apartment we've ever had on our books."It does need a lot of work but it could be a really nice property close to the centre of Nottingham."He said that the property had already attracted a huge number of first-time buyers and investors looking to bag a bargain. video of flat. How do you embed these bloody things?TEMPTED? =-O My link Quote Link to comment Share on other sites More sharing options...
Frank Hovis Posted October 9, 2012 Share Posted October 9, 2012 (edited) I assumed it was a very short lease but long leasehold per the auction listing. http://www.eigroup.co.uk/auctioneer-templates/LotDetails.aspx?LotID=665407&a=586&c=heb I'd make routine enquiries about service charge, sinking fund and any upcoming big maintenance bills but this is potentially a bargain. Not that it will go for £12k of course. And I'm not moving to Nottingham. Video goes in via media tags, click the three coloured boxes on the right and paste the Youtube page link in. Or it should, booger, time for an edit! Edited October 9, 2012 by Frank Hovis Quote Link to comment Share on other sites More sharing options...
Squeeky Posted October 9, 2012 Share Posted October 9, 2012 I think beauty is in the eyes of the beholder. Huge damp issues with the ceiling, unless that is superficial, then the building maintenance has something to be desired.... Quote Link to comment Share on other sites More sharing options...
JustAnotherProle Posted October 9, 2012 Share Posted October 9, 2012 This is like something out of Half Life 2's dystopia. Quote Link to comment Share on other sites More sharing options...
Olebrum Posted October 9, 2012 Share Posted October 9, 2012 This is like something out of Half Life 2's dystopia. Welcome, welcome to City 17.................. Quote Link to comment Share on other sites More sharing options...
crashmonitor Posted October 9, 2012 Share Posted October 9, 2012 (edited) It wouldn't take a lot of renovation and if it is the building I think it is it is a fairly solid Victorian build. Trouble is Sneiton. I reckon that has taken over from St. Anns, Radford, Broxtowe Estate and the Meadows as the one to avoid. On the plus side this one is, I think, Lace Market borders, and is separated from the main part of Sneiton by urban wasteland and roads. Edited October 9, 2012 by crashmonitor Quote Link to comment Share on other sites More sharing options...
Squeeky Posted October 9, 2012 Share Posted October 9, 2012 It wouldn't take a lot of renovation and if it is the building I think it is it is a fairly solid Victorian build. Trouble is Sneiton. I reckon that has taken over from St. Anns, Radford, Broxtowe Estate and the Meadows as the one to avoid. On the plus side this one is, I think, Lace Market borders, and is separated from the main part of Sneiton by urban wasteland and roads. If all your neighbours properties are of similar standard, I am not sure how much renovation will improve the situation. Quote Link to comment Share on other sites More sharing options...
nattarb Posted October 9, 2012 Share Posted October 9, 2012 Nice old building but it's a dump in a dodgy area, I wouldn't buy it at any cost! Renovated flats in the building go for <£40k. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.