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Apartment 40 Lexington Place, Nottingham, Nottinghamshire, NG1 1AN
Marketed by:
Auction House National Online
Newmarket Road, Cringleford, Norwich NR4 6UE, UK
020 7625 9007
Apartment 40 Lexington Place – Nottingham
Apartment 40 Lexington Place, Nottingham, Nottinghamshire, NG1 1AN
Sold Prior
Key Features
- 1 Bed Apartment
- Apartment 40 Lexington Place, Nottingham, Nottinghamshire, NG1 1AN
- Sold Prior
- Initial HB strategy: Buy-to-Let
Description
1 Bed Apartment at Apartment 40 Lexington Place, Nottingham, Nottinghamshire, NG1 1AN. This record has been prepared from the live 29 September 2026 National Online Auction index. Property facts requiring the individual lot particulars or legal pack are not assumed.
Location
The property is listed at Apartment 40 Lexington Place, Nottingham, Nottinghamshire, NG1 1AN. The full postcode shown by the auction index is NG1 1AN; the HB import postcode field uses the outward code only.
Investment Analysis
Investment Snapshot
| Guide Price | Sold Prior |
| Property Type | 1 Bed Apartment |
| HB Works Budget | £7,500–£16,500 |
| Purchase + Works | Not modelled |
| HB GDV Scenario | £93,750 / £102,750 / £111,750 |
| HB Estimated Private Rent | £478–£584 pcm |
| Potential Annual Rent | £5,738–£7,013 pa |
| Suggested Strategy | Buy-to-Let |
Market Comparables
No verified sold-property comparable addresses or prices are inserted from the auction index alone. The GDV figures below are explicitly HB desktop screening estimates rather than representations of completed-sale evidence.
Proposed Works
| Preliminaries / surveys | £750–£1,650 |
| Fabric / services / compliance | £3,375–£7,425 |
| Internal refurbishment / fit-out | £2,625–£5,775 |
| Contingency | £750–£1,650 |
| Total HB allowance | £7,500–£16,500 |
Rental Value
HB desktop underwriting range: approximately £478–£584 pcm. This is an estimate derived for screening and is not an auctioneer-quoted passing rent.
Low / Base / High Investment Scenario
| Low | GDV £93,750 |
| Base | GDV £102,750 |
| High | GDV £111,750 |
Maximum Bid
A maximum bid has not been modelled because the live index does not show a current guide price.
Strategy Recommendation
Buy-to-Let is the initial HB screening strategy for this 1 bed apartment. The recommendation is provisional because this workbook pass is based on the auction index rather than a full legal-pack and comparable-evidence review.
Strategy Rating
Buy-to-Let: ★★★★☆ | BRRR: ★★★☆☆ | Flip: ★★★☆☆
Key Risks
Key risks include legal-pack liabilities, auction buyer fees, title/tenure restrictions, condition and services uncertainty, valuation risk, finance costs and the possibility that verified local comparable evidence supports a lower value or rent than the HB screening assumptions.
Analysis Confidence
Low–Medium at index stage. Address, property type, guide/status and auction timing are supported by the live auction index; detailed condition, tenure, occupancy, images, verified comparables and exact coordinates require the individual lot evidence.
Auction Details :
Auction House National Online
Auction Date :
29/09/26
Lot Number :
087
Property Location:
Apartment 40 Lexington Place, Nottingham, Nottinghamshire, NG1 1AN
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