Seven flats in iconic Nottingham apartment building to star in auction

Hicking Building was constructed in 1873 as part of a large complex of lace warehouses, and the historic property was redeveloped as more than 320 apartments in 2005.

Ian Tudor, commercial auction director at Bond Wolfe, said: “This is an excellent opportunity to secure the leasehold of seven apartments within a high-quality redevelopment of an iconic, historic city centre building in Nottingham.

“We regularly attract property investors from across the UK and overseas to our livestreamed auctions and I predict highly competitive bidding for these properties.”

The portfolio comprises three one-bedroomed flats and four two-bedroomed flats, along with seven car parking spaces, which currently generate gross rental income of £73,140 per year.

Mr Tudor said: “The Hicking Building is one of the largest and best-known residential developments in Nottingham.

“It comprises of four blocks with a range of studio, one and two-bedroomed apartments and lies in a convenient location just opposite Nottingham railway station, just a few minutes’ walk from West Bridgford and the city centre.

“The apartments are complete with modern fixtures and fittings throughout and the sale also includes seven car parking spaces.”

The Hicking Building apartments are among 209 lots that are appearing in Bond Wolfe’s next auction, which will start at 8.30am on Thursday 16 May. 

If you have a property you are considering selling, visit https://www.bondwolfe.com/free-property-appraisal/ email auctions@bondwolfe.com or call 0121 312 1212 or 01902 928 510 for advice or to arrange a free no obligation valuation.