1 bedroom flat for sale

GREAT INVESTMENT OPPORTUNITY...

Nestled on the first floor, this flat emerges as a promising investment opportunity, boasting the potential of a tenant in situ and no upward chain, making it an appealing prospect for both new and experienced investors alike or as a starter home. With an impressive annual gross rental yield of approximately 7.9%, it promises a lucrative return on investment. Situated in a coveted locale, it offers proximity to an array of local attractions, including the picturesque River Trent and Embankment, as well as excellent transport links facilitating easy access to the City Centre and nearby universities. Internally, the property comprising an entrance hall, a generously proportioned living room, a well-appointed fitted kitchen, and a three-piece bathroom suite. The accommodation is further enhanced by a spacious double bedroom adorned with built-in wardrobes. Outside, there is remote-operated secure gated access ensuring peace of mind, with allocated off-road parking adding to the convenience of residents.

MUST BE VIEWED

Accommodation -

Entrance Hall - 2.66m x 1.86m (8'8" x 6'1") - The entrance hall has carpeted flooring, a wall-mounted security intercom system, an in-built cupboard, and a single door providing access into the accommodation.

Living Room - 3.64m x 6.28m (11'11" x 20'7") - The living room has a wood-framed window, carpeted flooring, coving to the ceiling, two wall-mounted electric heaters, and space for a dining table.

Kitchen - 2.65m x 2.55m (8'8" x 8'4") - The kitchen has a range of fitted base and wall units with a rolled-edge worktop, a stainless steel sink and a half with a swan neck mixer tap and drainer, an integrated oven with an electric hob and extractor fan, space for a fridge freezer, space and plumbing for a washing machine, tiled flooring, tiled splashback, and a wood-framed obscure window.

Bedroom - 3.50m x 2.86m (11'5" x 9'4") - The bedroom has carpeted flooring, a wall-mounted electric heater, a wood-framed window, and in-built wardrobes.

Bathroom - 2.67m x 1.65m (8'9" x 5'4") - The bathroom has a low level flush W/C, a pedestal wash basin, a panelled bath with a shower fixture and a shower screen, partially tiled walls, tiled flooring, an extractor fan, and a wood-framed obscure window.

Outside - To the front of the property is secure gated access to allocated parking.

Additional Information - Broadband - Virgin Media, Openreach
Broadband Speed - Ultrafast1000 Mbps (Highest available download speed) 100 Mbps (Highest available upload speed)
Phone Signal - Mostly 3G / 4G / 5G available
Electricity - Mains Supply
Water - Mains Supply
Heating - Electric Central Heating
Sewage - Mains Supply
Flood Risk - Low risk of flooding
Non-Standard Construction - No
Any Legal Restrictions - No
Other Material Issues - No

Disclaimer - Council Tax Band Rating - Rushcliffe Borough Council - Band B
This information was obtained through the directgov website. HoldenCopley offer no guarantee as to the accuracy of this information, we advise you to make further checks to confirm you are satisfied before entering into any agreement to purchase.

The vendor has advised the following:
Service Charge in the year marketing commenced (£PA): £2,151.56
Ground Rent in the year marketing commenced (£PA): £50
Property Tenure is Leasehold. Term: 125 years from 1 January 1990 - Term remaining 91 years.

The information regarding service charges and ground rent has been obtained from the vendor. HoldenCopley have checked the most recent statement for ground rent and service charge and have obtained the lease length via the Land registry.
HoldenCopley offer no guarantee as to the accuracy of this information, we advise you to make further checks to confirm you are satisfied before entering into any agreement to purchase. The information will be confirmed by your solicitor via the management pack and Landlord pack where applicable. We strongly recommended that you contact your solicitor before entering into negotiations to confirm the accuracy of information.

Agents Disclaimer: HoldenCopley, their clients and employees 1: Are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and HoldenCopley have not tested any services, equipment or facilities. Purchasers must make further investigations and inspections before entering into any agreement.

Purchaser information -The Money Laundering, Terrorist Financing and Transfer of Funds(Information on the Payer) Regulations 2017(MLR 2017) came into force on 26 June 2017. HoldenCopley require any successful purchasers proceeding with a property to provide two forms of identification i.e. passport or photocard driving license and a recent utility bill or bank statement. We are also required to obtain proof of funds and provide evidence of where the funds originated from. This evidence will be required prior to HoldenCopley removing a property from the market and instructing solicitors for your purchase.

Third Party Referral Arrangements - HoldenCopley have established professional relationships with third-party suppliers for the provision of services to Clients. As remuneration for this professional relationship, the agent receives referral commission from the third-party companies. Details are available upon request.