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Guide price
£159,950

2 bedroom apartment for sale

The Living Quarter, 2 St. Marys Gate, Nottingham, Nottinghamshire, NG1 1PF
Apartment
2 beds
2 baths
Added > 14 days

Key information

TenureLeasehold
Council taxBand D
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Leasehold
  • Investment opportunity
  • Unfurnished two bedroom apartment
  • Two bathrooms, one en suite
  • Open plan living space with floor to ceiling windows
  • Popular city centre development overlooking Lace Market Square
  • Underground parking for one car
  • Tenanted at £895pcm
  • Gross yield of 6.9%
  • EPC rating B
  • Council Tax band D

Well presented two bedroom unfurnished apartment located right in the heart of Nottingham's Lace Market, making an ideal investment opportunity.


The property boasts spacious open plan living area with views overlooking the new Lace Market Square. The fully fitted kitchen has built in appliances, such as, dish washer, washing machine and large fridge freezer.


The master bedroom has an en-suite shower room and there is also a main family bathroom with shower over bath.


The property comes with one underground secure parking space, viewing on this property is essential.


Currently Tenanted until July 2025 with a rent of £895pcm giving a gross yield of 6.9%.


Council: Nottingham City Council


EPC rating: B


Council Tax Band: D


Tenure: Leasehold


Lease length: 125 years from January 1st 2006


Service charge currently: Quarterly service charge approximately £606.32


Ground rent: Paid in two installments of £189.98 in March and the same amount in September


Insurance: Building Insurance £359.19 29th May 2023 to 2024 (No new demand received yet)


Please note all figures above have been provided by the seller. We would encourage you to have these verified by your legal adviser.

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About this agent

Cavendish Residential - Nottingham
Cavendish Residential - Nottingham
One Fletcher Gate Nottingham, Nottinghamshire NG1 1QS
0115 691 9525
Full profileProperty listings
Our friendly team is waiting to see how Cavendish Residential can help you. Buying, selling, renting, investing - whatever it is, we can't wait to talk to you. Innovative Our marketing campaigns break boundaries, they're beout of the ordinary and we continue to be seen as the first to try exciting things. Communicative Our Landlords see us as the most proactive and communicative agent with up-to-date expert knowledge of the local market. They comment on our passion for property and notice how attention to the finest details prove our dedication to delivering the best possible service. Proactive Our willingness to go the extra 100 miles will give Landlords confidence that they are dealing with conscientious and caring individuals. Supportive Our Tenants are greeted with a warm and friendly smile and welcomed into a family atmosphere. They love that we are approachable, reliable and helpful. Where there is an issue we do our best to address it straight away, using initiative to provide solutions within a reasonable time frame. Knowledgable Our Team are part of a business that is supportive and caring about their future, with a strong desire to invest in training and opportunities for career development. We are proud of our happy and energetic people throughout all of our offices. We are 100% aligned in everything we do and enjoy delivering our service to you all. Passionate We live and breathe these values and will continue to do our very best for every person we're in touch with.
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