1 bedroom apartment for sale

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1 bedroom apartment for sale

Woolpack Lane, Nottingham NG1
£115,000

Our Summary

  • ***EWS1 compliant*** Situated in this sought after, centrally located development this one bedroom apartment with private balcony makes an ideal investment opportunity with a tenant in situ generating an approx

Description

This one-bedroom apartment in a sought-after development offers a fantastic investment opportunity with a tenant in situ, generating an approximate 7.2% yield. The property features an open-plan living/dining/kitchen area with a private balcony, perfect for enjoying views of the local gardens. The kitchen is well-equipped with integrated appliances, and the double bedroom has a fitted wardrobe. The modern bathroom has a bath with shower over, low-flush WC, and pedestal wash hand basin. The apartment is EWS1 compliant and benefits from a remaining lease length of 981 years, with a ground rent of £250 and estimated service charge of £996.60 per annum. The property is furnished with a settee, table and chairs, and bed and mattress, making it an ideal opportunity for investors or first-time buyers. Early viewing is strongly recommended.