1 bedroom apartment for sale

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1 bedroom apartment for sale

The Habitat, Woolpack Lane, Nottingham, Nottinghamshire, NG1 1GJ
£120,000

Our Summary

  • The property has potential to achieve in the region of £850-900 per calendar month giving a an approximate gross yield of 7

Description

This sixth floor apartment boasts a well-presented open plan living/dining/kitchen with french doors leading to a small balcony, integrated appliances, and spotlights. The master bedroom features built-in wardrobes, and the family bathroom includes a shower over bath. The property has the potential to generate an approximate gross yield of 7.8-8.3% through rent, with a current rent of £850-900 per calendar month. The property is located in a popular modern development and has been recently EWS1-compliant. Council tax band is B, and the lease length is 999 years since 2003, with a current service charge of £462.90 every 6 months and ground rent of £250 per annum.
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