21 Barker Gate, Nottingham NG1 1JU 3 bed apartment for sale

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21 Barker Gate, Nottingham NG1 1JU 3 bed apartment for sale

21 Barker Gate, Nottingham NG1 1JU
£280,000

Our Summary

  • A fantastic investment opportunity to acquire a large three double bedroom apartment spread over 1000sq ft in the heart of Nottingham's Lace Market
  • Fabulous investment opportunity

Description

This is a fantastic investment opportunity to acquire a large three double bedroom apartment in the heart of Nottingham's Lace Market. Spanning 1000sq ft, the property boasts a spacious open plan lounge and kitchen/diner, complete with a fully fitted kitchen featuring integrated appliances and an island unit. The apartment also includes three generous double bedrooms, with an en-suite bathroom in the master bedroom and a further large main bathroom with shower over bath. The property offers secure parking behind electric gates for one car and is currently tenanted from August 2024 at a rent of £1750pcm, with a rent increase to £1950pcm from August 2025, providing an estimated gross yield of 8.4%. The property has a lease length of 999 years from 1999 and service charges of £3,348.58 per annum.