Derby Street, Nottingham City Centre 1 bed apartment for sale

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Derby Street, Nottingham City Centre 1 bed apartment for sale

Derby Street, Nottingham City Centre
£110,000

Our Summary

  • Achieving £1000pcm at 10% gross yield, this City Centre apartment presents a great investment opportunity for a buy to let as well as also a great first time buy

Description

This Grade II listed building in the City Centre offers a unique blend of traditional and modern features, making it a great investment opportunity or first-time buy. With a guide price of £110,000-£120,000, the apartment is vacant and ready to move into, with no chain to delay the sale. Located in a prime spot, it's within easy reach of shops, bars, restaurants, universities, and hospitals, and is close to local transport links. The apartment features an entrance hall, spacious living room, modern kitchen, bathroom, and bedroom, and is currently achieving a 10% gross yield at £1000pcm. With 103 years remaining on the lease, annual ground rent of £175, and service charge of £2595, this is an attractive option for investors or first-time buyers looking for City Centre living.