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Property Listing Details

1 bed flat for sale

Woolpack Lane, Nottingham NG1

  • Sold subject to contract
  • Investment

£120,000

(£241/sq. ft)

Property details

  • 1 bedroom
  • 1 bathroom
  • 1 reception room
  • Floor area 497 sq. ft

Features

  • 4th Floor Apartment
  • One Double Bedroom with Fitted Wardrobes
  • Modern Fitted Kitchen with Integrated Appliances
  • Open Plan Living Area
  • Bathroom with White Suite
  • Juliet Balcony
  • Secure Allocated Parking Bay
  • Neutrally Decorated Throughout
  • Currently Let at £650pcm
  • Viewing Essential

Listing view statistics

Last 30 days: 272 page views

Since listed: 272 page views

Description

Attention investors - currently tenanted at £650PCM - 6.60% yield
A fantastic opportunity to acquire this stunning 4th floor, one double bedroomed apartment with Juliet balcony and secure gated car parking space. Benefitting from accommodation comprising of:

Living area 27' 2" x 12' 7" (8.30m x 3.86m) The spacious open plan living area has been tastefully decorated throughout with painted walls and carpeted flooring whilst double doors open to reveal the Juliet balcony which allows for ample natural light. In built cupboards house the apartments hot water cylinder and provide excellent storage space.

Kitchen 12' 2" x 5' 2" (3.71m x 1.60m) Opening on from the living area is the modern fitted kitchen which benefits from a range of wall and base cupboard units as well as a range of integrated appliances including a fridge with freezer compartment, slimline dishwasher, washing machine, microwave, oven, hob and extractor hood.

Master bedroom 12' 10" x 8' 11" (3.93m x 2.72m) The master bedroom benefits from large double glazed windows which allow for ample natural light, as well as tasteful decor throughout including painted walls and carpeted flooring. In addition, there are fitted double wardrobes with sliding wooden doors which provide excellent storage space.

Bathroom 6' 3" x 4' 9" (1.93m x 1.46m) The bathroom includes a three piece white suite comprising of a low level WC, pedestal wash hand basin with chrome mixer tap and bath with shower over. The room is well decorated with painted walls which are complimented by the tiled splash backs and vinyl flooring.

Please note Tenure: Leasehold

The apartment benefits from one secure allocated car parking space and a private outdoor terrace.

The apartment is currently tenanted at £650pcm generating a gross yield of 6.60%.

We are advised that the lease has approximately 983 years remaining. The service charge is approximately £901.52 per annum whilst the ground rent is £250 per annum.

Viewing highly recommended.

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.

You could get

Superfast broadband Superfast broadband

Up to 69.8 Mbps (Source: Ofcom)

Floorplan

Map & Nearby

Local Amenities

  • Nottingham 0.5 miles
  • Netherfield 2.7 miles
  • Nisai Learning Hub (Nottingham) 0.2 miles
  • Stone Soup Academy 0.2 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Nottingham 0.5 miles
  • Netherfield 2.7 miles
  • Nisai Learning Hub (Nottingham) 0.2 miles
  • Stone Soup Academy 0.2 miles

Market stats

Sale activity

Average estimated value for a flat in NG1:

  • £162,789
  • Price decrease

  • -£4,572
  • (-2.732%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £156,168
  • Properties sold

    105

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in NG1 is currently:

£893 pcm

Recent sales nearby

See all recent sales in NG1
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Estimated running costs

Based on available 3rd party data

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

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.

The Agent

Price history

Sold prices provided by Land Registry
10th Oct 2019 £120,000 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.