2 bed flat for sale

Forest Road West, Nottingham NG7

Tenure: Leasehold

Guide price £150,000 - £160,000

landlord-only investment opportunity...

This beautifully renovated two-bedroom first-floor flat is offered exclusively to landlords, with tenants already in situ and currently generating a rental income of £1,000 per calendar month. This equates to an annual rental income of £12,000 and an attractive gross yield of approximately 7.5%. Situated just a stone’s throw from the City Centre, the property is ideally placed close to a wide range of shops, amenities and excellent transport links. The accommodation includes a generously sized bay-fronted living room with a traditional fireplace, a modern fitted kitchen, two well-proportioned bedrooms and an impressive four-piece bathroom suite featuring a freestanding roll-top bath. On-street parking is also available. Combining modern interiors with period character, this is a fantastic ready-made investment in a well-connected location.
No upward chain


EPC Rating: D

Entrance

The entrance has a UPVC double-glazed window, wooden flooring, a radiator, a wall-mounted intercom, recessed spotlights and a single door providing access into the accommodation.

Hall

The hall has wooden flooring and recessed spotlights.

Living Room

Dimensions: 5.61m into bay x 4.28m (18'4" into bay x 14'0"). The living room has UPVC double-glazed bay windows, wooden flooring, a radiator, a traditional fireplace with a decorative surround and recessed spotlights.

Kitchen

Dimensions: 4.21m x 3.01m (13'9" x 9'10"). The kitchen has a range of fitted shaker style base and wall units with worktops, an integrated oven and dishwasher, a gas hob with an extractor fan, a sink and a half with a drainer and a swan neck mixer tap, wood-effect flooring, a radiator, partially tiled walls, recessed spotlights and a UPVC double-glazed window.

Master Bedroom

Dimensions: 4.23m x 2.51m (13'10" x 8'2"). The main bedroom has a UPVC double-glazed window, wooden flooring, a radiator and recessed spotlights.

Bedroom Two

Dimensions: 3.22m x 2.10m (10'6" x 6'10"). The second bedroom has a UPVC double-glazed window, wooden flooring, a radiator and recessed spotlights.

Bathroom

Dimensions: 2.95m x 1.61m (9'8" x 5'3"). The bathroom has a low level flush W/C, a wash basin with storage, a freestanding double ended roll top bath with a hand-held shower, a corner fitted shower enclosure with a mains-fed shower, tiled flooring, partially tiled walls, a column radiator with a towel rail, recessed spotlights and a UPVC double-glazed obscure window.

Outside

Outside there is on street parking.

Leasehold Information

The vendor has advised the following: Property Tenure is Leasehold, Service Charge in the year marketing commenced (£pa): £591.23
Property Tenure is Leasehold. Term: 125 years from 24 June 1988 Term remaining 89 years. HoldenCopley cannot guarantee the accuracy of this information. We recommend you make your own enquiries and consult your solicitor, who will verify these details through the management pack and landlord pack (where applicable), before proceeding with the purchase.

Additional Information

Broadband Speed - Ultrafast - 1800 Mbps (Highest available download speed) & 220 Mbps (Highest available upload speed) | Phone Signal – 4G & 5G available | Electricity – Mains Supply | Water – Mains Supply | Heating – Gas Central Heating – Connected to Mains Supply | Sewage – Mains Supply | Flood Risk – No flooding in the past 5 years+ | Flood Risk Area - very low chance of flooding | Construction – Brick | Mining Area – Located on the coalfield. No further mining report is currently required for this property according to Mining Remediation Authority records. | Accessibility – No | Other Material / Safety Issues – No | Any Legal Restrictions – No | Council Tax Band Rating - Nottingham City Council - Band A |

Disclaimer

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.