Guide price
£130,000
1 bed flat for saleHollowstone, Nottingham NG1
1 bed
1 bath
1 reception
EPC Rating: C
- Leasehold
FHP Living
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About this property
FHP Living are delighted to offer to the market this well presented investment oppourtunity, spacious, one bedroom apartment located in the vibrant Lace Market
FHP Living are delighted to offer to the market this well presented investment oppourtunity, spacious, one bedroom apartment located in the vibrant Lace Market. This property is in a fantastic location close by to shops, restaurants and bars but unaffected by their noise. The property briefly comprises of an open plan kitchen, dining and living space. This large space offers a great amount of natural light and boasts period characteristics throughout. There is a large bedroom with an ensuite bathroom as well as a separate toilet off the living space.
The property is perfect for a prospective investor as there is currently a sitting tenant whom is paying £850pcm which produces a Gross Yield of 7.84%.
The property is a leasehold with 973 years remaining on the lease, with a combined service charge of 2,425.64 annual.
A viewing is highly recommended for this property.
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More information
Tenure
Leasehold (974 years)
Service charge
£2,426 per year
Council tax band
D
Ground rent
Ground rent date of next review