Studio for sale

Hounds Gate, Nottingham NG1

Investment opportunity - Located in the heart of Nottingham city centre you will find this purpose built student accommodation . Generating a net rental income of £4402 per annum, this is a ready to go buy to let investment property.

Living/kitchen/bedroom. – 22’8 max x 8’3 max – A studio apartment with a self contained living space with a kitchen area that has wall and base units with worksurfaces over incorporating a single drainer stainless steel sink with a mixer tap and an electric hob with a stainless steel extractor canopy over and tiled splashbacks. Built in electric oven. Fitted wardrobe, Window to the rear and side, laminate flooring and a wall mounted electric heater.

Bathroom – Has a low level wc, vanity wash hand basin and and a walk in short cubicle with tiled splashbacks. Mechanical ventilation with heat recovery system.

Accommodation has a communal laundry room and a gym.

250 year lease effective 1.1.2015

Service charge £329.89 per month

Ground rent £590 per year

Rental income £157.50 per week

Disclaimer

Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate.

Money Laundering Regulations

Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £82.50 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.