Investment opportunity to purchase a very well presented two double bedroom spacious apartment within sought after development of One Fletcher Gate located in the heart of The Lace Market. The apartment is tastefully furnished and benefits from laminate flooring and overlooks Fletcher Gate. Entrance hall leads through into an open plan living, dining and kitchen area with integrated appliances (including fridge-freezer and dishwasher). The master bedroom is carpeted and includes a double bed along with fitted wardrobes and en-suite shower room. Second good size double bedroom and family bathroom with shower over bath complete the apartment. The property is popular for renters looking for a home in a very well kept development in the heart of the city. The Fletcher Gate development is located close to all amenities, within walking distance to Nottingham Train Station and the tram service. Tenanted until July 2026 at a monthly rent of £1150pcm giving an estimated gross yield of 7.9% The property is offered with parking for one car within the gated underground car park for the development. Council: Nottingham City Council Council tax band: D EPC rating: C Tenure: Leashold Service Charges: £2712.26pa Ground Rent: £250.00pa Lease Length: 9th December 2004 expiring 31st December 2128 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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