Nottingham Apartment at £90,000 — A Data-First Look
An apartment at Castle Exchange, Broad Street, Nottingham, is listed at £90,000. The listing carries three signals: the property is newly listed, has had its price reduced, and is being sold by auction rather than private treaty. No bedroom count, tenure, or rental yield figure is included in the available listing data. Buyers need to account for the auction format from the outset: exchange is legally binding on the fall of the hammer, and finance must typically be arranged and confirmed before bidding begins.
What the listing shows
Castle Exchange sits on Broad Street in central Nottingham. The listing identifies the property as an apartment; no bedroom count, floor level, or tenure type is stated in the available data. The price has been reduced from an earlier figure ahead of the auction, indicating the seller has adjusted expectations since the property was first marketed. Auction sales are conducted under a published legal pack rather than the extended negotiation process that typically applies to private treaty transactions.
The numbers at a glance
| Metric | Detail |
|---|---|
| Asking price | £90,000 |
| Property type | Apartment |
| Bedrooms | Not stated |
| Gross yield | Not stated |
| Tenure | Not stated |
| Listing signals | New, reduced, auction |
How this area compares
Nottingham is one of the larger cities in the East Midlands, with two universities sustaining demand from students and young professionals in the private rented sector. Broad Street sits within the city centre, close to the Old Market Square and the principal retail and leisure core. City centre apartments in Nottingham span a wide price range depending on size, specification, and building type; at £90,000, this listing sits toward the lower end of that range. Because no bedroom count or yield figure is provided, direct comparison with similar stock requires independent research using current local sale listings and Land Registry sold price data.
What to check before viewing
The auction format means the legal pack should be the first point of reference for any prospective buyer, and a solicitor should review it before the sale date. The pack typically contains the title register, any charges or restrictions on the property, the special conditions of sale, and — if the property is leasehold — the remaining lease length, ground rent, and service charge history. The bedroom configuration is not stated in the listing and would need to be confirmed directly. Buyers using mortgage finance for an auction purchase generally need a lender valuation completed in advance, given that completion is required within a fixed period after the hammer falls.
The Castle Exchange apartment at £90,000 carries both a reduced price and an auction sale method, each of which affects the due diligence and financing process. With bedroom count, tenure, and yield data absent from the current listing, obtaining and reviewing the full legal pack ahead of the sale date is the essential first step for any buyer assessing this property.
See the actual listing
Direct link to the current property listing. Check the live listing for up-to-date price and availability before viewing.