2 bedroom Flat for sale,

Woolpack Lane, Nottingham, Nottinghamshire, NG1

Reeds Rains are pleased to present Flat 55, The Habitat, a well proportioned two bedroom apartment situated in the heart of Nottingham’s Lace Market district. This property is offered chain free and sold as seen, providing a straightforward and attractive opportunity for cash buyers.

The apartment offers approximately 614 square feet of accommodation, featuring an open plan living and kitchen area, two bedrooms, and a bathroom with a modern three-piece suite. The building benefits from secure fob entry, lift access, and a communal courtyard area.

With 973 years remaining on the lease, a ground rent of £250 per annum (fixed for the first 25 years and reviewed on an RPI basis thereafter), the property offers longterm stability for investors.

Please note: An EWS1 certificate is available, but the building currently holds a B2 rating, meaning the property is not suitable for mortgage lending. As such, the sale is restricted to cash buyers only.

This apartment represents an excellent opportunity for investors seeking a competitively priced city centre property with strong rental demand.

Lease & Financial Information

Lease length: 973 years remaining

Ground rent: £250 per annum (fixed for first 25 years; RPI review thereafter)

Next ground rent review: January 2028

Service charge: To be confirmed

Important Notes

CASH BUYERS ONLY due to EWS1 B2 rating

SOLD AS SEEN

CHAINFREE

EWS1 certificate available upon request

Details

A welllocated twobedroom leasehold apartment in The Habitat, offered chainfree and sold as seen, ideal for cash buyers seeking a competitively priced citycentre investment. The property benefits from a long lease of 973 years remaining, approximately 614 sq ft of living space, and secure building access. Due to the EWS1 B2 rating, the property is not suitable for mortgage lending, making this an excellent opportunity for cash purchasers.Key FeaturesCASH BUYERS ONLYCHAINFREESOLD AS SEENEWS1 Certificate – B2 Rating (unmortgageable; suitable for cash buyers)973 years remaining on the leaseGround rent £250 per annum (fixed for first 25 years; RPI review thereafter)Next ground rent review: January 2028Two bedroomsApprox. 614 sq ftOpenplan lounge/kitchenBathroom with threepiece suiteSecure entry systemLift accessPopular Lace Market / Hockley locationIdeal investment opportunityReeds Rains are pleased to present Flat 55, The Habitat, a wellproportioned twobedroom apartment situated in the heart of Nottingham’s Lace Market district. This property is offered chainfree and sold as seen, providing a straightforward and attractive opportunity for cash buyers.The apartment offers approximately 614 square feet of accommodation, featuring an openplan living and kitchen area, two bedrooms, and a bathroom with a modern threepiece suite. The building benefits from secure fob entry, lift access, and a communal courtyard area.With 973 years remaining on the lease, a ground rent of £250 per annum (fixed for the first 25 years and reviewed on an RPI basis thereafter), the property offers longterm stability for investors.Please note: An EWS1 certificate is available, but the building currently holds a B2 rating, meaning the property is not suitable for mortgage lending. As such, the sale is restricted to cash buyers only.This apartment represents an excellent opportunity for investors seeking a competitively priced citycentre property with strong rental demand.Lease & Financial InformationLease length: 973 years remainingGround rent: £250 per annum (fixed for first 25 years; RPI review thereafter)Next ground rent review: January 2028Service charge: To be confirmedImportant NotesCASH BUYERS ONLY due to EWS1 B2 ratingSOLD AS SEENCHAINFREEEWS1 certificate available upon request