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1 bed property, in St. Marys Gate, £125,000
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1 bed flat

St. Marys Gate, Nottingham, Nottinghamshire, NG1 1PF
£125,000
-13.8%

Price History

Initial price £145,000
May 25, 2024 £125,000
Price Change -13.8%

Our Summary

  • Ideal investment opportunity
  • Investment opportunity One double bedroom apartment with underground parking, located in The Living Quarter, a popular development located in the heart of the city overlooking Lace Market Square

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Description

This is an investment opportunity to purchase a well-presented one-bedroom apartment in The Living Quarter, a popular development in the heart of Nottingham, overlooking Lace Market Square. The apartment features an open-plan living space with floor-to-ceiling windows, a good-sized bedroom with fitted wardrobes, and a family-style bathroom. The property also comes with underground gated parking behind electric gates.

The development is well-maintained and located just a minute's walk from the Nottingham Lace Market tram stop and 10 minutes from Nottingham Train station. With a potential monthly rental income of £895-925pcm, the estimated gross yield is 8.5-8.8%. Internal viewing is highly recommended.