2 bedroom apartment for sale

Norman Galloway is proud to present this bright and spacious 2 bedroom; 2-bathroom apartment situated on the 10th floor in the ever-popular Litmus Building located in Nottingham City Centre..

CURRENTLY TENANTED WILL BE TENANTED UNTIL AUG 2025.

CASH BUYERS PREFERRED

This property is perfect for a landlord who is looking to expand their portfolio, or an investor.* The property features tenants in situ, with a tenancy lined up to expire 04 August 2025. Norman Galloway Sales & Lettings currently manage this apartment.

Concierge
The Litmus Building is served by a 9-5 concierge which is situated on the ground floor in the entrance foyer.

Leisure Facilities
The Litmus Building is served by excellent leisure facilities which include fully equipped gym and swimming pool.

Furnished
The current owner will be leaving the sofa, 2 x desks, ample coffee tables, dining table, chairs, 2 x double beds and the major electrical kitchen appliances such as, dishwasher, washer dryer, fridge and freezer, oven, hob, cooker hood extractor.

The open plan lounge benefits from stunning views across Nottingham and comes complete with a Juliet balcony.

USEFUL INFORMATION:
- EPC: C exp September 2028
- EICR: Satisfactory exp June 2029
- Council Tax Band C
- No gas at the property
- Within Selective Licencing Area for Nottingham City Council
- Ground Rent £250 p/a
- Maintenance Charge approximately £1476 per 6 months

IMPORTANT INFORMATION REGARDING EWS1 FORM:*
To our understanding, the block management company, Residential Management Group (RMG), are currently in the PRE-TENDER SUPPORT stage of applying for BSF to maintain the required regulations. This is the application process for planning permissions and funding to assess and change the cladding/exterior of the building. The EWS1 form is a certificate that is issued upon the completion of this process meaning that until the process is completed, the EWS1 form will not be issued.

You can find more information regarding this on the GOV website:

The Vendor has received the following information regarding the cladding;
"For The Litmus Building we are aware that there are elements of combustible cladding and insulation. A full investigation is ongoing, and we continue to liaise with the Landlord and the Building Safety Fund to expedite funding as soon as possible. As soon as we have further information relating to this, we will of course write to you to provide an update. You should however be aware that there will be a sustained period where noisy internal and external works will be taking place and you should expect some disruption to your environment, likely between the hours of 8am and 4pm. As we know more about the programme of works for The Litmus Building, we will of course write to you further.

Please note, it will not always be possible to consult on certain decisions which are determined/advised on by competent third parties such as the Fire and Rescue Service or specialist consultants. RMG will do all they can to explain the rationale behind decisions to you."

*Please ensure that you complete your own research and get your own legal advice. Always check the conditions of your mortgage, should you be considering a purchase via a mortgage.

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*DISCLAIMER: Please ensure to seek your own financial advice whenever making any type of investment
(1) MONEY LAUNDERING REGULATIONS - prospective buyers will be asked to produce identification documentation during the verification process and we would ask for your co-operation in order that there will be no delay in agreeing a formal offer
(2) These particulars do not constitute part or all of an offer or contract.
(3) The text, photographs and plans are for guidance only and are not necessarily comprehensive.
(4) Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully to satisfy yourself of their accuracy.
(5) You should make your own enquiries regarding the property, particularly in respect of furnishings to be included/excluded and what parking facilities are available.
(6) Before you enter into any contract for one of the advertised properties, the condition and contents of the property will normally be set out in a tenancy agreement and inventory. Please make sure you carefully read and agree with the contract and any inventory provided before signing these documents

Council Tax Band: C (Nottingham City Council)
Tenure: Leasehold (985 years)
Ground Rent: £250 per year (reviewed every 1 years)