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Two-bedroom first-floor investment flat

Nottingham, NG7 - Get Access

2 bed 1 bath

Description

An opportunity to acquire a two-bedroom first-floor flat situated within an established residential area of Nottingham, located approximately 0.50 miles from the main Nottingham Trent University campus and a short distance from Nottingham city centre. Forming part of a modern, purpose-built block of similar properties, the accommodation comprises a lounge and kitchen area, dining area, two bedrooms, and a bathroom. Externally, the property benefits from one allocated parking space and upkeep of external and communal areas. Offered for sale as a residential investment, the property is fully let on an AST producing £675 pcm (£8,100 per annum). Offered on a long leasehold basis for a term of 99 years from 1st December 2006, with a ground rent of £250 per annum and a service charge of £685 per annum. An internal viewing is highly recommended.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
High confidence Floor Area: 614 sq ft (EPC)

Valued as a two-bedroom, first-floor purpose-built flat of 614 sq ft situated in a modern residential development close to Nottingham city centre. The property exhibits fair condition with dated kitchen and bathroom finishes requiring minor cosmetic refreshing. Evidence is drawn directly from identical units within the same building block.

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