Derby Street, NOTTINGHAM 1 bed flat for sale

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Derby Street, NOTTINGHAM 1 bed flat for sale

Derby Street, NOTTINGHAM
£100,000

Our Summary

  • Currently tenanted with the potential to earn £1,000pcm, the property provides a strong rental yield, but it can also be sold with vacant possession, making it a flexible option for both investors and owner-occupiers

Description

This beautifully presented second-floor apartment is located in a prime city-centre location in Nottingham, offering incredible value for its price. The property, set within a Grade II listed building, combines period charm with modern living and features a spacious open-plan lounge and dining area, a modern kitchen, a comfortable double bedroom, and a well-maintained contemporary bathroom. With an intercom entry system and no upward chain, the sale is offered with no hassle. The property is currently tenanted, providing a strong rental yield of £1,000pcm, but can also be sold with vacant possession, making it a flexible option for both investors and owner-occupiers. With 103 years remaining on the lease, £175 yearly ground rent, and £2512 yearly service charge, this apartment is a rare find that offers excellent access to the city's shops, restaurants, and transport links.