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1 bed property, in The New Alexandra Court, £85,000
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1 bed flat

The New Alexandra Court, Woodborough Road, Nottingham, Nottinghamshire, NG3 4LN
£85,000

Our Summary

  • Excellent investment opportunity

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Description

This investment property is a one-bedroom apartment located in a popular development, currently tenanted until April 2026 at £725 per month, generating a gross yield of approximately 10.2%. The apartment features an open lounge and kitchen with all appliances, a large double bedroom, and a spacious bathroom. With close links to the city centre, just a 20-minute walk away, this property offers a great opportunity for investors.

The property is leasehold with a 999-year lease from 2005, and the annual service charge is £2350. The ground rent is £150 per annum. While the figures provided are subject to verification, this property presents a attractive investment opportunity for those looking to generate a strong rental income.