Tenanted Investment opportunity. Located on the third floor of the popular Weekday Cross development a well-presented two bedroom furnished apartment located in the heart of Nottingham's Lace Market. Entrance hallway leads to open plan living room and kitchen, with full range of appliances including dishwasher, washing machine and large fridge freezer. Furnished master bedroom with fitted wardrobes, en-suite with shower, wash basin and WC. Second bedroom, ideally for a study/dressing room (currently unfurnished by vendor). Main bathroom with white suite. The property includes underground parking for one car. The Weekday Cross building is walking distance to the Lace Market Tram stop, train station and all city centre amenities. Currently Tenanted since the summer of 2024. Current rent £1081pcm raising to £1113.43pcm as of August 1st 2025 for 12 months. Generating an estimated gross yield of d 7.9% increasing to 8.1% (August 2025) Internal viewing highly recommended. Council Tax Band: D EPC Rating: C Tenure: Leasehold Service Charges: £1386.91 bi-annually Ground Rent: £75.00 bi-annually Lease Length: 125 years from 1st April 2002 Please note all above figures have been provided by the seller- we would strongly advise these points are checked via a conveyancing solicitor.
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are 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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