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2 bedroom apartment for sale
Key information
Property description & features
- 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 6.3%
- 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 January 2025 with a rent of £895pcm giving a gross yield of 6.3%.
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.
Places of interest
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*DISCLAIMER
Property reference CVN_NTT_LFSYCL_685_872318774. 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 30, 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 30, 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
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