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Property Listing Details

Property details

  • 1 bedroom
  • 1 bathroom
  • 1 reception room
  • Floor area 397 sq. ft

Features

  • Studio Style Apartment
  • Double Bedroom Area
  • Open Plan Living Area
  • Modern Kitchen with Appliances
  • Bathroom with White Suite
  • Neutrally Decorated Throughout
  • Located on the Upper Ground Floor
  • Popular Converted Development
  • Ideal Investment
  • Within Easy Reach of the City Centre

Listing view statistics

Last 30 days: 173 page views

Since listed: 173 page views

Description

Attention investors - currently let at £510PCM - 6.12% yield

A beautifully well presented studio style one bedroom apartment within the highly desirable Hicking Building development. Ideally situated on the upper ground floor with accommodation comprising of:

Entrance hallway A wooden entrance door leads into the neutrally decorated hallway which benefits from painted walls and carpeted flooring. A cupboard houses the apartments hot water heater. Further doors lead to:

Bathroom A neutrally decorated bathroom which includes a white three-piece suite comprising of a low level WC with push button flush, a wall hung wash hand basin with chrome mixer tap and bath with chrome fittings and shower attachment. The room is neutrally decorated with painted walls and tiled splash backs.

Bedroom area The neutrally decorated bedroom area benefits from painted walls and carpeted flooring. The bedroom is open plan and doesn't have a door however it is partitioned off from the main living space to give an element of privacy.

Living / kitchen area The spacious open plan living area is tastefully decorated with painted walls and wood effect laminate flooring whilst two large double glazed windows allow for ample natural light.
The kitchen area comes complete with a range of wall and base cupboard units with brushed chrome handles and pebble effect work surfaces. The kitchen includes a range of integrated appliances including a fridge / freezer. Washer / dryer, dishwasher and electric oven / hob / extractor hood.

Please note 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 £892.52.
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 £510pcm generating a gross yield of 6.12%.

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 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.

You could get

Superfast broadband Superfast broadband

Up to 78.7 Mbps (Source: Ofcom)

Floorplan

Map & Nearby

Local Amenities

  • Nottingham 0.2 miles
  • Netherfield 2.8 miles
  • Stone Soup Academy 0.3 miles
  • Greenfields Community School 0.3 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Nottingham 0.2 miles
  • Netherfield 2.8 miles
  • Stone Soup Academy 0.3 miles
  • Greenfields Community School 0.3 miles

Market stats

Sale activity

Average estimated value for a flat in NG2:

  • £159,880
  • Price decrease

  • -£739
  • (-0.460%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £150,353
  • Properties sold

    104

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in NG2 is currently:

£481 pcm
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Estimated running costs

Based on available 3rd party data

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How much could I borrow?

In association with

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

The Agent

Price history

Sold prices provided by Land Registry
11th Feb 2019 £100,000 First listed

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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.