- Investment property available +
- 2 bedroom spacious apartment +
- Ground floor with secure access +
- Currently let at £800pcm +
- Long leasehold of 125 years from 2009 +
- Half a mile from Notts City Hospital +
- Ideal residential investment property +
- Separate kitchen and separate lounge +
- Located on good transport links +
- Close to all amenities +
Lester & Bingley are pleased to offer this large ground floor two bedroom apartment in Bestwood, less than half a mile from the Nottingham City Hospital.
The subject apartment is current let on a rolling AST and the current tenant has been in situ for over 10 years at a rent of £800 pcm (£9,600pa).
Paviour Point is a purpose built apartment block benefitting from secure allocated parking to the rear. The building benefits from secure fob and key coded entry systems to each entrance.
The apartment is situated on the ground floor accessed off the communal corridor. Access is via a intercom, buzzer system providing extra security to the residents. On entry to the apartment you enter a small cloakroom / hallway which currently houses a bookcase. Further into the property you enter a central hallway from which all the rooms can be accessed.
The kitchen is situated to the front of the property overlooking the communal gardens. This is a generous size and is equipped with ample floor and wall cabinets and integral appliances including a hob, oven and extractor. Space under the counter is available to accommodate a fridge freezer, washing machine and dryer. This room is bright and airy and part tiled giving it a modern, clean feel.
The bathroom is part tiled and fitted with a white three piece suite comprising a low flush WC, hand basin and bath with shower over.
The master bedroom is extremely generous and measures 4m x 2.7m. This room overlooks the rear elevation of the property. The room is light and airy and well decorated and maintained by the current occupant.
Within the hallway there are 2 large, full height cupboards, providing valuable storage space.
The apartment enjoys a good sized floorplan and the lounge is a fabulous size (4.6m x 4.1m). There are two windows overlooking the front of the property and the room is flooded with light. Within this living space the current tenant has two large sofa's, a display dresser and other pieces of furniture including a dining table and 4 chairs.
Bedroom 2 is used a hobby room, although the tenant does have a single bed in here for occasional guests. This is a good sized second bedroom and overlooks the rear elevation of the property.
The Ground Rent for the property is £200 pa and the Service Charge is £1,027.46 for 2023/24.
The Long Lease for the property is 125 years from 1st December 2009 (110 years remaining).
This is a great opportunity to grab yourself a fabulous investment addition to your portfolio with an even better tenant that takes pride, and cares highly for their home.
Location
Paviour Point is a purpose built apartment block situated in the Bestwood area of Nottingham just off the B6004 Arnold Road. Arnold Road boasts excellent transport links by both car and bus in and out of Nottingham City Centre.
The apartment is ideally situated as an investment property by being less than half a mile from the Nottingham City Hospital, 3 miles from Nottingham City Centre and 4.5 miles from Queens Medical Centre and University of Nottingham City Campus.