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Guide price
£90,000

2 bedroom flat for sale

Calverton Road, Nottingham NG5
Virtual tour
Cash buyers only
Sold STC
Flat
2 beds
1 bath
478 sq ft / 44 sq m
Added > 14 days

Key information

TenureLeasehold | 947 yrs left
Council taxBand A
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Leasehold (947 years remaining)
  • First floor flat sold as an investment opportunity with a sitting tenant
  • CASH BUYERS ONLY as there is a defective lease with the freeholder being non-traceable
  • Entrance hall with storage cupboard
  • Lounge with electric fire
  • Kitchen with a range of units
  • Bathroom/WC with white suite and shower off mixer taps
  • Garage situated beneath the property, communal garden to the rear
  • Sold with a sitting tenant paying £650 pcm from October 2024 (8.66% gross yield)

This first-floor flat, located in Arnold, is being sold as a fantastic investment opportunity with a sitting tenant already in place. Please note that due to a defective lease and the freeholder being untraceable, the property is available to CASH BUYERS ONLY.

The flat offers spacious accommodation with two double bedrooms, making it a desirable choice for tenants. The entrance hall includes a convenient storage cupboard, while the lounge features an electric fire, creating a cosy atmosphere. The kitchen is equipped with a range of units, offering ample storage and workspace.

The bathroom includes a white suite, with a shower off the mixer taps for added convenience. Benefiting from combination gas central heating and UPVC double glazing, the property ensures warmth and energy efficiency.

Externally, the property has a garage situated beneath the flat, ideal for additional storage or parking. There is also access to a communal garden at the rear, providing outdoor space for the tenant.

Currently rented with the rent increasing to £650 pcm from October 2024, the property offers a gross yield of 8.66%, making it an attractive investment for those looking for a reliable income stream.


EPC Rating: D

Rooms

Hallway 2.93m x 1.05m (9ft 7in x 3ft 5in)

Lounge 4.29m x 2.99m (14ft x 9ft 9in)

Kitchen 3.01m x 2.04m (9ft 10in x 6ft 8in)

Bedroom One 3.81m x 2.71m (12ft 6in x 8ft 10in)

Bedroom Two 2.38m x 2.69m (7ft 9in x 8ft 9in)

Bathroom 1.75m x 1.52m (5ft 8in x 4ft 11in)

Parking - Garage

Parking - Allocated parking

Property information from this agent

About this agent

David James Estate Agents - Arnold
David James Estate Agents - Arnold
102 Front Street, Arnold Nottingham, Nottinghamshire NG5 7EJ
0115 691 7738
Full profileProperty listings
David James Estate Agents began trading in 1991 and over 26 years later remains a local, family-run, independent estate agent. We have worked hard to build a strong reputation in the Gedling Borough and every member of our team is committed to providing expert, local knowledge and high levels of customer service throughout the moving process.
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