- 2 Bedrooms +
- 2 Bathrooms +
- Open plan living/kitchen +
- Allocated Parking +
- 10.6% gross yield +
We are pleased to present this spacious 2 double bed, two bathroomed ground floor flat with allocated parking and ultra-central positioning. Perfect investment in an area of great demand, bringing a 10.6% gross yield per annum and being sold with tenants in situ.
John Shepherd is thrilled to bring to market this two bedroom ground floor flat in the Nottingham City Centre. The property has an active tenancy until July 2026, and is only being sold with tenants in situ.
The building is situated within a five minute walk to the Victoria Shopping Centre, and also other key-points of interest in the vibrant City of Nottingham.
Its positioning and having a parking space and also being within walking distance from multiple transport links make it ideal for commuting.
The property comes with two good-sized double bedrooms, one of which has three piece an en-suite connected to it.
The property benefits from a bright and spacious open plan living/kitchen complete with integrated appliances, and also access to a separate storage room.
A viewing is highly recommended.
Tenure: Leasehold
Service Charge: £3,428pa (paid every 6 months)
Ground Rent: £250pa (paid every 6 months)
Ground Rent Review Period: 25 years
Ground Rent Review Amount: Based on capital value.
Next Ground Rent Review: 1/10/2028
Parking Arrangements: One allocated parking space.
Property Construction: Brick
Electricity Supply: Mains
Water Supply: Mains
Sewerage: Mains
Heating Supply: Electric
Broadband: Refer to Ofcom
Mobile Signal Coverage: No known issues
Building Safety Issues: None
Restrictions: None
Rights And Easements: None
Flood Risks Or Previous Flooding: No
Past Or Present Planning Permissions Or Applications: No
Is the property located in a Coalfield Or Mining Area: No
The vendors have opted to provide a legal pack for the sale of their property which includes a set of searches. The legal pack provides upfront the essential documentation that tends to cause or create delays in the transactional process.
The legal pack includes
• Evidence of title
• Standard searches (regulated local authority, water & drainage & environmental)
• Protocol forms and answers to standard conveyancing enquiries
The legal pack is available to view in the branch prior to agreeing to purchase the property. The vendor requests that the buyer buys the searches provided in the pack which will be billed at £360 inc VAT upon completion.
AGENTS NOTE:
We have not tested any of the electrical, central heating or sanitaryware appliances. Purchasers should make their own investigations as to the workings of the relevant items. Floor plans are for identification purposes only and not to scale. All room measurements and mileages quoted in these sales particulars are approximate. In line with The Money Laundering Regulations 2007 we are duty bound to carry out due diligence on all our clients to confirm their identity. Rather than traditional methods in which you would have to produce multiple utility bills and a photographic ID we use an electronic verification system. This system allows us to verify you from basic details using electronic data, however it is not a credit check of any kind so will have no effect on you or your credit history.
FIXTURES AND FITTINGS:
All those items mentioned in these particulars by way of fixtures and fittings are deemed to be included in the sale price. Others, if any, are excluded. However, we would always advise that this is confirmed by the purchaser at the point of offer.