Attention investors - currently let at £660PCM offering A 6.6% yield
A fantastic opportunity to acquire this 4th floor, one double bedroom apartment with secure allocated car parking space. Ideally located with the highly desirable Hicking Building development, this apartment has accommodation comprising of:
Entrancehallway A wooden entrance door leads into this newly redecorated hallway. The room is neutrally decorated with painted walls and woodwork and is finished with light coloured carpets.
There is a wall mounted electric heater, phone intercom system and cupboard containing the hot water cylinder and water meter.
Livingarea Leading through from the entrance hallway is the neutrally decorated living area which has neutrally painted walls and woodwork as well as wood effect laminate flooring. The double glazed windows allow for ample natural light and offer views to the complexes inner courtyard.
Kitchenarea Opening on from the living area is the modern fitted kitchen which comes complete with a range of wooden wall and base cupboard units which are finished with brushed chrome handles, roll top work surfaces and complimented by under cupboard lighting and a 1 1/2 bowl stainless steel sink with mixer tap and draining board. There are a range of integrated appliances including a fridge / freezer, washer / dryer, dishwasher and electric oven, hob and extractor hood. As with the living area, the kitchen is neutrally decorated with painted walls and finished with tiled flooring.
Bedroom The spacious master bedroom is neutrally decorated throughout with painted walls, woodwork and ceiling which is finished with carpeted flooring. The room benefits from double glazed windows with a courtyard view and a large fitted wardrobe with sliding mirrored doors.
Bathroom The bathroom benefits from a three piece white suite comprising of a low level WC with push button flush, wall hung wash hand basin with chrome fittings and bath with chrome mixer tap and shower over. The room is neutrally decorated with white painted walls which are finished with cream tiled splash backs and flooring. There is also a wall mounted mirror over the wash hand basin and a chrome heated towel rail.
Pleasenote Tenure: Leasehold
We are advised by the vendor that the lease has approximately 110 years remaining along with a ground rent of £250 per annum. In addition there is an annual service charge of approximately £920. Council tax band B, Nottingham City Council.
This apartment comes complete with a secure allocated underground car parking space.
This property is currently rented at £660pcm generating a gross yield of 6.6%.
Viewing highly recommended.
Area The Hicking Building is ideally located next to Nottingham's newly refurbished train station and has excellent access to Nottingham's tram network. Only a short walk away in the vibrant city centre which has a wide array of bars, restaurants and shops. To the south of the city is the popular area of West Bridgford which has some of the cities sporting venues including both the Notts County and Nottingham Forest football clubs as well as the historic Trent Bridge cricket stadium
disclaimer Fixtures and fittings other than those mentioned are to be agreed with the Seller. All measurements are approximate and are taken using a laser tape. Statements contained within this brochure are provided in good faith and are understood to be accurate, although cannot be guaranteed since we rely on information provided by other parties. Prospective purchasers are advised to satisfy themselves as to the validity of the information contained, either by inspection or through their solicitors, prior to any exchange of contracts to purchase. Services have not been tested and it is recommended that purchasers undertake independent tests on all services and mechanical installations, prior to exchange. Details correct at time of going to print.
Money Laundering In line with The Money Laundering, Terrorist Financing and Transfer of Funds (information on the Payer) Regulations 2017, as a regulated profession, Liberty Gate require any successful purchasers proceeding with a purchase to provide two forms of identification i.e. Passport or photo card driving license and a recent utility bill. This evidence will be required prior to Liberty Gate instructing solicitors in the purchase or the sale of a property. We are duty bound to carry out due diligence on all of 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. As a seller or purchaser, by proceeding with a sale or purchase, you understand that we will undertake a search with Experian for the purposes of verifying your identity. To do so Experian may check the details you supply against any particulars on any database (public or otherwise) to which they have access. They may also use your details in the future to assist other companies for verification purposes. A record of the search will be retained.
Property descriptions and related information displayed on this page are marketing materials provided by Liberty Gate. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Liberty Gate for full details and further information.
Guide Price: The “Guide Price” an indication of the seller’s minimum acceptable price at auction. The guide price can be shown in the form of a minimum and maximum price range, or as a single price figure. This is subject to change up to and including the day of the auction and will not necessarily be the final selling price at auction.
Reserve Price: The “Reserve Price” is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. This is normally set within the guide price range or within 10% of a single guide price. The reserve price is not disclosed and is subject to change up to and including the day of the auction.
Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK's website.