1 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold
- Investment opportunity
- One bedroom unfurnished apartment
- Popular development, located in the heart of Nottingham's Lace Market
- High ceilings and exposed brick work
- Tenanted until June 2025 at £750pcm
- Estimated gross yield 8.6%
- 999 year lease from July 2003
- Council Tax band B
- EPC rating C
A fantastic investment opportunity in the heart of the Lace Market, Nottingham. One bedroom Tenanted apartment.
The apartment benefits from a good size living/dining are with fantastic high ceilings and original features such as sash windows and exposed brickwork. The property boasts spotlights throughout. Kitchen (with appliances), Juliet balcony overlooking the inner courtyard.
The apartment offers a good size bedroom and separate bathroom with white suite and shower over bath.
As the apartment faces the internal courtyard, it is sheltered from the hustle and bustle of the lively city centre, making this a particularly quiet apartment.
Situated within The Lace Market, one of Nottingham's most desirable residential areas, this location offers a wide range of services and amenities as well as a selection of bars, restaurants and historic Nottingham culture. Nottingham Train Station is within walking distance along with the Lace Market Tram stop. There is also ease of access to the regions commercial and retail centres.
Tenanted until June 2025 with a current monthly rent of £750pcm, offering a gross yield of 8.6%
Viewing of this property is essential.
Council: Nottingham City Council
EPC rating: C
Council Tax Band: B
Tenure: Leasehold
Lease length: 999 years since 1st July 2003
Service charge currently: £937.90 6 monthly/£1875.80pa
Ground rent: £250 per annum.
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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Property reference CVN_NTT_LFSYCL_685_872373403. 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.
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Broadband availability and predicted speed: obtained from Ofcom on January 5, 2022
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 5, 2022
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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
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Energy Performance data and Internal floor area
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