- Investment Opportunity +
- 2 bedroom spacious apartment +
- Current income £1000pcm +
- First floor with allocated parking +
- Long leasehold of 125 years from 2009 +
- Half a mnile from Notts City Hospital +
- Located near fantastic transport links +
- Ideal residential investment property +
- Close to all amenities +
Lester & Bingley are Calling all investors.
We have the pleasure of bringing this spacious first floor 2 bedroom flat to the market that is currently let at £1000pcm yielding (10.4%)
The property is situated in Bestwood, less than half a mile from the Nottingham City Hospital.
The property is within a modern purpose built apartment block with secure access and allocated parking to the rear. Access utilisies a security fob and key coded entry systems to each entrance to the front and the rear (car park).
The apartment is situated on the first floor accessed off the communal corridor. Access is controlled by the occupant via an intercom, providing extra layer of security to the residents.
On entry to the apartment you enter a spacious hallway which is light and airy. This accesses all rooms within the apartment and benefits from two full height storage cupboards, one housing the boiler system.
At the far end of the hallway you enter the open plan lounge, dining room and kitchen area. This is a great space anmd benefits from two windows flooding the area with light.
The kitchen is well fitted around three walls, with clean white gloss shaker style cabinets on the floor and walls providing ample storage. The worktop is fitted in a graphite grey with small neutral tiles creating a back splash to all areas. An integral hob, oven and extractor are fitted into the range of cabinets and there is space under the counter top for a washing machine and further space for a large fridge / freezer.
The lounge and dining area (5.1m x 2.5m) is well proportioned and have ample room for a large corner sofa and dining table.
Bedroom 1 is located on the same elevation as the lounge overlooking Pavior Road and is a great size (3.7m x 3.4m).
The bathroom is half tiled and fitted with a white three piece suite comprising a low flush WC, hand basin and bath with shower over with glazed screen.
Bedroom 2 is a well proprtioned room 3m x 2.8 and is currently used as play room / storage. When required this room will make a great sized bedroom.
The Service Charge and Ground rent is £1,475.08 for 2023/24.
The Long Lease for the property is 125 years from 1st December 2009 (110 years remaining).
The current tenant keeps a very tidy house and the whole property is well maintained, clean and tidy.
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.
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.