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1 bedroom apartment for sale
Oxford Street, Nottingham
£120,000
Oxford Street, Nottingham
£120,000
Our Summary
- The property makes an ideal investment opportunity and is to be sold with tenants in situ generating an approx
Description
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This one-bedroom basement apartment is situated in a small development within a desirable area of the City Centre, adjacent to The Park Estate. Offering a private entrance, the apartment features an open-plan living area with a modern kitchen, a spacious double bedroom, and a separate bathroom. It presents an attractive investment opportunity, currently tenanted and generating an approximate 7.7% yield. The property benefits from wood style laminate flooring in the lounge, a range of storage units and appliances in the kitchen, and a contemporary three-piece bathroom suite. The lease length is a substantial 982 years, with no ground rent and a reasonable estimated service charge of approximately £1,105 per annum, making it a low-maintenance investment with potential for long-term capital growth.