2 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold
- Investment opportunity
- Two double bedroom duplex apartment
- Two bathrooms
- High ceilings
- Heart of Nottingham's Lace Market
- Close to great restaurants and bars
- Tenanted until July 2025
- Gross yield 7.8%
Investment opportunity. Tenanted two bedroom duplex apartment located in the heart of Nottingham's Lace Market in this Grade 11 Listed Building. Surrounded by many good restaurants and bars and only a short walk into the town centre. The property has high ceilings throughout. This apartment offers modern city living with the contemporary feel.
The property boasts feature light fittings, glass brickwork, large living area and a separate dining/ kitchen includes all integrated appliances. Two good sized double bedrooms, master en-suite, second bedroom with home office area and ample built-in storage. The master bedroom has an en-suite bathroom with shower, main bathroom with shower cubicle and bath. Separate WC concludes the property.
The apartment is situated within The Lace Market, being one of Nottingham's most desirable residential areas, offering a wide range of services and amenities as well as a selection of Bars, Restaurants and Nottingham Culture. Nottingham Train Station and Tram stop is within walking distance and there is ease of access to the regions commercial and retail centres.
Ready made investment - currently tenanted at £1150 per month until July 2025 generating a 7.8% gross yield.
Internal viewing highly recommended.
Council: Nottingham City Council
Council Tax band: D
EPC rating: C
Tenure: Leashold
Service Charge: is £4,107.32
Ground Rent: £0
Lease Length: 999 years from 2000
Please note all figures above have been provided by the seller. We would encourage you to have these verified by your legal adviser.
Places of interest
See more properties like this:
*DISCLAIMER
Property reference CVN_NTT_LFSYCL_685_872288213. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Cavendish Residential - Nottingham.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 20, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on December 22, 2021
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.