TENANTED INVESTMENT OPPORTUNITY Very well presented two double bedroom ground floor apartment with transport links to the city centre (only 20 minute walk). This property offers a good size entrance hallway, an open plan lounge and kitchen with all appliances along with a small 'study area'. Two large bedrooms (all fully carpeted with window dressings). Very spacious shower room with modern touches. Secure parking included behind electric gates. Ample on-street visitor parking available too. Viewing highly recommended. Garage and one allocated parking space included. Tenanted until July 2026, with a rent of £995pcm. Estimated gross yield 8.8%. Council: Nottingham City Council Council Tax Band: C EPC rating: E Tenure: Leasehold Lease length:999 years since 1st June 2005Service charge:£2350 per annumGround rent: £150 per annum * Works known to have been done in the last 5 years - A brand new roof - Completely refurbished lift - New intercom system - New CCTV system - Newly decorated and carpeted communal areas 2019-2020 - New state of the art Fibre broadband Please note all above figures have been provided by the seller- we would strongly advise these points are checked via a conveyancing solicitor.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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