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Guide price
£155,000

2 bedroom apartment for sale

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

Key information

TenureLeasehold
Council taxBand D

Features and description

  • Tenure: Leasehold
  • Ideal investment opportunity or buy to live
  • Prime city centre location
  • Two bedroom, two bathroom furnished apartment
  • Popular, well maintained development
  • Potential monthly rent £1095 £1195pcm
  • Giving an estimated gross yield of 8.4% 9.3%
  • EPC rating B
  • Council Tax band D

INVESTMENT OPPORTUNITY


Two bedroom furnished apartment located in the popular development of the Living Quarter, Nottingham.


The property comprises of entrance hallway, which feeds all rooms. Two double bedrooms with built in wardrobes. Two bathrooms, en-suite shower room to master bedroom and family-style bathroom with shower over bath.


Open plan living/dining kitchen with floor to ceiling windows over looking St. Mary's Square. The kitchen housing integrated appliances as follows: cooker, washer/drying, fridge freezer and dishwasher.


The development is located just two minutes walk from Nottingham Tram Link, Lace Market stop and just 10 minutes from the Nottingham Train station. Local amenities conveniently located just a short distance.


The property has been successfully rented since new, January 2006. Monthly rental income potential of £1095 - £1195pcm giving an estimated gross yield of 8.4% - 9.3%.


Viewing highly recommended.


Council: Nottingham City Council


EPC rating: B


Council Tax Band: D


Tenure: Leasehold


Lease length: 125 years from January 2006


Service charge currently: £640.53 quarterly


Ground rent: £189.90 every six months


Please note all above figures have been provided by the seller- we would strongly advise these points are checked via a conveyancing solicitor.

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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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