A Portfolio of 7 Apartments, The Hicking Building, Queens Road, Nottingham, NG2 3BX

A portfolio of 7 apartments in Nottingham

Guide price*


Plus fees


Pound sign

Looking for finance on this property?

Find out more
Mail icon

Enquire about this property

Lot 67 Residential Investment
Save property

Auction details:

Thursday 11th July 2024 @ 08:30AM

An attractive portfolio of seven well presented apartments within the iconic Hicking Building in Nottingham city centre comprising three one bedroom and four two bedroom plus seven car parking spaces Current Gross Income: £53,930 pa

Property Description

A portfolio of one and two bedroom apartments within the Hicking Building, one of the largest and best known residential developments in Nottingham with over 320 units. The development comprises of four blocks with a range of studio, one and two bedroom apartments.


Situated in a convenient location just opposite Nottingham Train Station and only a few minutes walk to West Bridgford and the city centre.
The properties are complete with modern fixtures and fittings throughout and the sale also includes seven car parking spaces.

Energy Performance Rating

All Apartments - C

Council Tax Band

Two Bedroom Apartments - B
One Bedroom Apartments - C


Leasehold – Subject to the existing tenancies.

Lease Details

Lease Term: 105 years unexpired.
Ground Rent: £250 pa each
Service Charge: Two Bedroom Apartments - £2,167.60 pa each
One Bedroom Apartments £1,366.84 pa each
Full lease details will be available within the legal pack.

Auctioneer's Note

Please note offers may be considered prior to the Auction Sale.


External viewings only.

Tenancy Details

Blank Blank Blank Blank Blank Blank
Flat Block Beds Rent pcm Gross Rent pa
46 3 2 £950 pcm £11,400 pa
88 2 1 £600 pcm £7,200 pa
68 2 2 Vacant
53 3 2 £400 pcm £4,800 pa
68 3 2 £775 pcm £9,300 pa
54 3 1 £650 pcm £7,800 pa
56 3 1 £650 pcm £7,800 pa
Parking Rent pcm Gross Rent pa
11 £60 pcm £720 pa
14 £60 pcm £720 pa
144 £70 pcm £840 pa
138 £70 pcm £840 pa
145 £70 pcm £840 pa
12 £70 pcm £840 pa
13 £60 pcm £720 pa
Total £4,485 pcm £53,930 pa
We have not had sight of any of the lease, service charge or tenancy documentation, copies of which will be available for inspection within the legal pack.

Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.


Please note that the Auction will be livestreamed via our website.  You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction. Please click here for further details.


All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.


When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding.  They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.

The sale of each lot is subject to an administration fee of £1,920 inc VAT (£1,600.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction.  Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.

Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack has been prepared by the seller’s solicitor(s), who are responsible for its contents and disclosing all know information. It is available to download free of charge under the ‘lot information’, and you take responsibility for reading and understanding the legal pack and are bound by all the contents. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

Register to bid for our next auction