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The New Alexandra Court, Woodborough... 1 bed apartment for sale
The New Alexandra Court, Woodborough Road, Nottingham, Nottinghamshire, NG3 4LN
£85,000
The New Alexandra Court, Woodborough Road, Nottingham, Nottinghamshire, NG3 4LN
£85,000
Our Summary
- Excellent investment opportunity
Description
This investment property is a one-bedroom apartment located in a popular development, currently tenanted until April 2026 at £725 per month, generating an approximate gross yield of 10.2%. The apartment features an open lounge and kitchen with all appliances, a large double bedroom, and a spacious bathroom. With close links to the city centre, just a 20-minute walk away, this property offers an excellent investment opportunity. The property is leasehold, with a 999-year lease from 2005, and a service charge of £2350 per annum. The ground rent is £150 per annum. While the figures provided are subject to verification, this property presents a great opportunity for investors seeking a stable and lucrative investment.