John Shepherd are pleased to bring to market this two-Bedroom Apartment in a converted former Cotton Mill, in Radford, Nottingham. With a possible gross yeild of 15.6% this is a great investment opportunity.
This generously proportioned two-bedroom apartment offers a perfect blend of modern living and characterful features, set within the historic Linen House section of a converted former cotton mill dating back to 1896. The apartment boasts plenty of internal space and a wealth of original charm, making it ideal for investment or first-time buyers.
Upon entry, you will find two large storage cupboards to the right and a family bathroom to the immediate right. The bathroom is fitted with a white three-piece suite, electric over-bath shower, hotel-style tiling, and vanity mirror. There are two spacious double bedrooms and a light-filled open-plan living room and kitchen.
This apartment is perfectly situated for easy access into Nottingham City Centre, with excellent transport links nearby. Whether you're commuting for work or enjoying the vibrant city life, this location offers convenience and ease of travel.
Radford is a dynamic and thriving area of Nottingham, known for its rich history, diverse community, and excellent amenities. The area benefits from an abundance of local shops, schools, parks, and public transport options, making it a popular choice for both professionals and families. The proximity to the city centre ensures residents can enjoy the best of both worlds.
For investors, the property can achieve approximately £975 PCM, which at the asking price equates to a gross yield of 15.6%
Council Tax Band: B Tenure: Leasehold Service Charge: £1,800 Ground Rent: £450 Ground Rent Review Period: tbc Ground Rent Review Amount: tbc Next Ground Rent Review: tbc Parking Arrangements: N/A Property Construction: Brick Electricity Supply: Mains Water Supply: Mains Sewerage: Mains Heating Supply: Electric Broadband: Refer to Ofcom Mobile Signal Coverage: No known issues Building Safety Issues: None Restrictions: None Rights And Easements: None Flood Risks Or Previous Flooding: No Past Or Present Planning Permissions Or Applications: No Is the property located in a Coalfield Or Mining Area: No
AGENTS NOTE: We have not tested any of the electrical, central heating or sanitaryware appliances. Purchasers should make their own investigations as to the workings of the relevant items. Floor plans are for identification purposes only and not to scale. All room measurements and mileages quoted in these sales particulars are approximate. In line with The Money Laundering Regulations 2007 we are duty bound to carry out due diligence on all our clients to confirm their identity. Rather than traditional methods in which you would have to produce multiple utility bills and a photographic ID we use an electronic verification system. This system allows us to verify you from basic details using electronic data, however it is not a credit check of any kind so will have no effect on you or your credit history.
FIXTURES AND FITTINGS: All those items mentioned in these particulars by way of fixtures and fittings are deemed to be included in the sale price. Others, if any, are excluded. However, we would always advise that this is confirmed by the purchaser at the point of offer.
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