3 bedroom penthouse for sale
Key information
Property description & features
- Tenure: Leasehold
- City Centre apartment
- Duplex penthouse
- Two double, one single bedrooms
- Large open plan living
- Balcony
- Heart of NG1
- Close to Lace Market tram stop
- Tenanted until June 2025, rent of £1500 p/m
- Gross yield of 6.5%
Stunning two/three bedroom, air conditioned, unfurnished penthouse apartment with private terrace split on two floors located in the heart of The Lace Market with panoramic views high over Nottingham City including underground gated parking for one car. Investors please note: this property is not suitable for three sharers due to licensing, however two sharers or a family would be ideal.
This exclusive apartment offers two large bedrooms (both with en-suite) on lower level. Wooden staircase leads up to top floor opening to fantastic size lounge with 20ft ceiling, spotlights, floor to ceiling windows and access to terrace overlooking the city. The kitchen is open plan with integrated appliances and full set of kitchenware. The top floor also comprises of the third bedroom which would be ideally suited as an office space; and guest cloakroom and WC.
One Fletcher Gate is located close to the tram stop and only 10 minute walk from Nottingham Train station.
Ready made investment - currently tenanted at £1500 per month until June 2025 generating a 6.5% yield. Tenancy fixed term ends in June 2025.
Internal viewing highly recommended.
Council: Nottingham City Council
Council Tax band: D
EPC rating: E
Tenure: Leasehold
Service Charge: £2822..44 per annum
Lease Length: 105 Years remaining
Ground rent: £250 per annum
Please note all figures above have been provided by the vendor. We would encourage you to have these verified by your legal adviser.
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Broadband availability and predicted speed: obtained from Ofcom on December 23, 2021
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Mobile phone signal availability and predicted strength: obtained from Ofcom on December 23, 2021
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Energy Performance data and Internal floor area
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