Malcolm Close, Nottingham, NG3 5AP 2 bed apartment for sale

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Malcolm Close, Nottingham, NG3 5AP 2 bed apartment for sale

Malcolm Close, Nottingham, NG3 5AP
£120,000

Our Summary

  • Ideal investment opportunity
  • Investment opportunity

Description

This is an ideal investment opportunity, with a tenant in place until July 2025 at £895 per month, generating an estimated gross yield of 9%. The two-bedroom apartment is located in a sought-after development in a popular residential area near Mapperley Park, within a 20-minute walk to the city centre. The property features a spacious living area, separate kitchen with modern units, and two good-sized bedrooms. The bathroom has an electric shower and white suite. The property also benefits from off-street parking behind electric gates. With a 999-year lease from 1976, this is a rare opportunity for investors to secure a stable and lucrative rental income.