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1 bedroom flat for sale
Kent Street, Nottingham, Nottinghamshire, NG1
£15,000
Kent Street, Nottingham, Nottinghamshire, NG1
£15,000
Our Summary
- Great investment opportunity
- This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period")
- Room for Rental Improvement
Description
Avalon Court is a modern student accommodation located in Nottingham City Centre, within walking distance to both the University of Nottingham and Nottingham Trent University. The property offers great amenities such as a cinema room, gym, common room, games room, and bike storage. A fantastic investment opportunity, the studio apartment is being sold with a tenant in situ, currently paying £520 per month, with flexibility to increase. The property benefits from an open-plan living-bedroom with kitchenette and a three-piece shower room. The leasehold information, including a 250-year lease from 2015, service charge of £388 per month, and ground rent of £335 per annum, requires confirmation from a conveyancer upon purchase. This is a rare opportunity to purchase a self-contained studio student property in the heart of Nottingham City Centre.