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Guide price

£70,000

1 bed flat for sale
Arnold Road, Bestwood, Nottinghamshire NG5

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: D

  • Leasehold

HoldenCopley

Logo of HoldenCopley

About this property

  • Ground Floor Flat

  • Double Bedroom

  • Spacious Living Room

  • Fitted Kitchen

  • Three-Piece Bathroom Suite

  • Communal Garden

  • Leasehold

  • Tenants In Situ

  • Popular Location

  • Must Be Viewed

Guide price £70,000 - £90,000

ideal investment opportunity...

Welcome to this fantastic investment opportunity! Nestled on the ground floor, this one-bedroom flat presents a lucrative chance for discerning investors. Boasting tenants already in place, this property ensures immediate rental income. Upon entering, you're greeted by an entrance hall leading seamlessly into the spacious living room. Adjacent is a fitted kitchen, equipped with amenities to cater to culinary needs. The comfortable bedroom offers a peaceful retreat, while the adjacent three-piece bathroom suite ensures convenience and comfort. Outside, a communal garden provides a serene space for outdoor activities and relaxation. Nestled in a sought-after location, within easy reach of local amenities, excellent transport links and reputable schools, the property also boasts accessibility to the City Hospital and City Centre. With its prime location and tenants insitu, this property represents an excellent investment opportunity not to be missed.

Must be viewed

Accommodation

Entrance Hall

The entrance hall has laminate flooring, a radiator and a single door providing access into the accommodation

Living Room (4.12m x 3.65m (13'6" x 11'11"))

The living room has carpeted flooring, a feature fireplace with a decorative surround, a TV point, an in-built storage cupboard and a window

Kitchen (2.81m x 2.14m (9'2" x 7'0"))

The kitchen has a range of fitted base and wall units with worktops, space for an oven, space for a fridge, space and plumbing for a washing machine, tiled splashback, a radiator and a window

Bedroom (4.12m x 2.78m (13'6" x 9'1"))

The bedroom has laminate flooring, a radiator and a window

Bathroom (2.01m x 1.73m (6'7" x 5'8"))

The bathroom has a low-level dual flush W/C, a vanity-style wash basin, a panelled bath with a hand-held shower fixture, a radiator, partially tiled walls and an obscure window

Outside

Outside is a communal garden

Additional Information

The property is connected to the mains water supply.
The property is connected to the mains gas supply.
The property is connected to the mains electricity supply.
The property does not have a septic tank.
The property isn't in a high-risk flood area.
The property has not flooded in the past 5 years.

Disclaimer

Council Tax Band Rating - Nottingham City Council- Band G
This information was obtained through the directgov website. HoldenCopley offer no guarantee as to the accuracy of this information, we advise you to make further checks to confirm you are satisfied before entering into any agreement to purchase.

The vendor has advised the following:
Service Charge in the year marketing commenced (£pa): £64.50
Ground Rent in the year marketing commenced (£pa): £10
Property Tenure is Leasehold. Term : 90 years from 11 March 2019 Term remaining 85 years.

The information regarding service charges and ground rent has been obtained from the vendor. HoldenCopley have checked the most recent statement for ground rent and service charge and have obtained the lease length via the Land registry.
HoldenCopley offer no guarantee as to the accuracy of this information, we advise you to make further checks to confirm you are satisfied before entering into any agreement to purchase. The information will be confirmed by your solicitor via the management pack and Landlord pack where applicable. We strongly recommended that you contact your solicitor before entering into negotiations to confirm the accuracy of information.

Agents Disclaimer: HoldenCopley, their clients and employees 1: Are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and HoldenCopley have not tested any services, equipment or facilities. Purchasers must make further investigations and inspections before entering into any agreement.

Purchaser information -The Money Laundering, Terrorist Financing and Transfer of Funds(Information on the Payer) Regulations 2017(mlr 2017) came into force on 26 June 2017. HoldenCopley require any successful purchasers proceeding with a property to provide two forms of identification i.e. Passport or photocard driving license and a recent utility bill or bank statement. We are also required to obtain proof of funds and provide evidence of where the funds originated from. This evidence will be required prior to HoldenCopley removing a property from the market and instructing solicitors for your purchase.

Third Party Referral Arrangements - HoldenCopley have established professional relationships with third-party suppliers for the provision of services to Clients. As remuneration for this professional relationship, the agent receives referral commission from the third-party companies. Details are available upon request.

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More information

  • Tenure

    Leasehold (85 years)

  • Service charge

    £65 per year

  • Council tax band

    A

  • Ground rent

    £10

  • Ground rent date of next review

See all recent sales in NG5

Property descriptions and related information displayed on this page are marketing materials provided by - HoldenCopley. 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 HoldenCopley for full details and further information.