Standout Features
- One Bedroom 4th Floor Apartment
- Ideal Investment Opportunity
- Tenants In Situ
- No Onward Chain
- Onsite Concierge Service
- Popular Development
- Leasehold
Property Description
Situated on the fourth floor of this popular and centrally located development stands this one bedroom apartment making an ideal investment opportunity with a prospective yield of approx. 9.5%. Offering bright and airy open plan living there is also lift access and onsite concierge service.
ENTRANCE HALL 16' 10" x 5' 6" (5.13m x 1.68m) With wood effect flooring, airing cupboard, ceiling light and opening out into the bedroom and living areas.
OPEN PLAN LIVING/KITCHEN 14' 2" x 14' 3" (4.32m x 4.34m) The kitchen offers a range of fitted high and low level units with a rolled edge laminate worktop over with upstand incorporating a stainless steel sink and drainer, integrated fridge with ice box, washing machine, dishwasher, electric oven, hob and extractor hood over and intercom system. The living area has a wall mounted electric panel heater, TV Aerial & phone points, wood effect laminate flooring and large double glazed window.
BEDROOM 8' 4" x 9' 0" (2.54m x 2.74m) Double bedroom area with wood effect laminate flooring, wall mounted electric panel heater and ceiling light.
BATHROOM With a three piece fitted suite comprising of a Bath with chrome mixer taps and mains fitted shower over, low flush w.c, pedestal basin, heated towel rail, part wall tiling, vinyl flooring covering and ceiling light.
Situated within this popular development the property benefits from a 24 hour onsite concierge service, lift access and intercom system. The property makes an ideal investment opportunity as there are tenants in situ generating an approximate 9.5% yield and it is also being sold with no onward chain.
LEASE INFORMATION Estimated Annual Service Charge £1,767.78
Ground Rent £322 per annum
Years Remaining on Lease: 130
ENTRANCE HALL 16' 10" x 5' 6" (5.13m x 1.68m) With wood effect flooring, airing cupboard, ceiling light and opening out into the bedroom and living areas.
OPEN PLAN LIVING/KITCHEN 14' 2" x 14' 3" (4.32m x 4.34m) The kitchen offers a range of fitted high and low level units with a rolled edge laminate worktop over with upstand incorporating a stainless steel sink and drainer, integrated fridge with ice box, washing machine, dishwasher, electric oven, hob and extractor hood over and intercom system. The living area has a wall mounted electric panel heater, TV Aerial & phone points, wood effect laminate flooring and large double glazed window.
BEDROOM 8' 4" x 9' 0" (2.54m x 2.74m) Double bedroom area with wood effect laminate flooring, wall mounted electric panel heater and ceiling light.
BATHROOM With a three piece fitted suite comprising of a Bath with chrome mixer taps and mains fitted shower over, low flush w.c, pedestal basin, heated towel rail, part wall tiling, vinyl flooring covering and ceiling light.
Situated within this popular development the property benefits from a 24 hour onsite concierge service, lift access and intercom system. The property makes an ideal investment opportunity as there are tenants in situ generating an approximate 9.5% yield and it is also being sold with no onward chain.
LEASE INFORMATION Estimated Annual Service Charge £1,767.78
Ground Rent £322 per annum
Years Remaining on Lease: 130
Additional Information
Tenure:
Leasehold
Ground Rent:
£322 per year
Service Charge:
£1,767 per year
Council Tax Band:
B
Mortgage calculator
Calculate your stamp duty
Results
Stamp Duty To Pay:
Effective Rate:
| Tax Band | % | Taxable Sum | Tax |
|---|
Marco Island, Huntingdon Street
Struggling to find a property? Get in touch and we'll help you find your ideal property.
Nottingham City
1 Russell Place,
Talbot Street,
Nottingham,
Nottinghamshire,
NG1 5HJ
