2 bed maisonette for sale

Raibank Gardens, Woodthorpe, Nottinghamshire NG5

Guide price: £130,000 - £140,000

great investment opportunity...

An excellent investment opportunity, this top-floor maisonette is currently let, generating an attractive approximate 6% gross rental yield annually and is offered to the market with no upward chain. Situated in the highly sought-after area of Woodthorpe, the property enjoys a prime location close to Woodthorpe Park, local shops, and reliable transport links providing easy access to Nottingham City Centre. The accommodation boasts a private entrance, a fitted kitchen, and a spacious living area, ideal for comfortable everyday living. There are two good-sized bedrooms, both featuring built-in wardrobes, serviced by a three-piece shower suite. Externally, the property benefits from a communal garden to the front, while the rear offers a private enclosed area. Additionally, there is access to communal parking and a garage located in a separate block, enhancing the property’s convenience and appeal.

Must be viewed

Accommodation

Entrance Hall

The entrance hall has carpeted flooring, an in-built double door cupboard, and a single UPVC door providing private access into the accommodation.

Hallway

The hall has carpeted flooring, an in-built double door cupboard, and access to the loft.

Living Room (4.17 x 3.73 (13'8" x 12'2"))

The living room has a double-height UPVC double-glazed window, carpeted flooring, coving to the ceiling, a TV point, and a radiator.

Kitchen (2.61 x 3.91 (8'6" x 12'9"))

The kitchen has a range of fitted base and wall units with rolled-edge worktops, a stainless steel sink and a half with a mixer tap and drainer, an integrated oven, an electric hob with an extractor fan, space for an American-style fridge freezer, space and plumbing for a washing machine, a radiator, wood-effect flooring, coving to the ceiling, and a UPVC double-glazed window.

Master Bedroom (3.70 x 3.62 (12'1" x 11'10"))

The main bedroom has a UPVC double-glazed window, carpeted flooring, a radiator, coving to the ceiling, and fitted wardrobes with overhead storage cupboards.

Bedroom Two (2.46 x 3.10 (8'0" x 10'2"))

The second bedroom has a UPVC double-glazed window, carpeted flooring, coving to the ceiling, a radiator, and a fitted sliding door wardrobe.

Shower Room (1.86 x 177 (6'1" x 580'8"))

The shower room has a low level dual flush WC, a pedestal wash basin, a corner fitted shower enclosure with a wall-mounted electric shower fixture, wood-effect flooring, a radiator, fully tiled walls, an extractor fan, and a UPVC double-glazed obscure window.

Outside

At the front, the property features a communal garden enclosed by a partial wall, while the rear boasts a private enclosed area with a gate, providing access to both a communal car park and the garage.

Additional Information

Broadband Networks - Openreach, Virgin Media
Broadband Speed - Ultrafast available - 1800 Mbps (download) 220 Mbps (upload)
Phone Signal – Good 4G / 5G coverage
Electricity – Mains Supply
Water – Mains Supply
Heating – Gas Central Heating – Connected to Mains Supply
Septic Tank – No
Sewage – Mains Supply
Flood Risk – No flooding in the past 5 years+
Flood Risk Area - Very low risk
Non-Standard Construction – No
Any Legal Restrictions – No
Other Material Issues – No

Disclaimer

Council Tax Band Rating - Council - Band
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): £310
Ground Rent in the year marketing commenced (£pa): £99
Property Tenure is Leasehold. Term: 999 years from 4th October 1974 - Term remaining 948 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 licence 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.