1 bedroom flat for sale

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1 bedroom flat for sale

Mansfield Road, Nottingham NG5
£40,000

Price History

Initial price £65,000
28/06/24 £50,000
16/07/24 £40,000
Price Change -38.46%

Description

This second-floor apartment in Central Nottingham is a fantastic investment opportunity, currently let on an Assured Shorthold Agreement and generating a rental income of £6,075 per annum. The property offers comfortable living space with a large reception room, kitchen, spacious bedroom, and modern bathroom, located in a purpose-built block with amenities such as parking, lift access, and secure entrance. With a long leasehold of 145 years remaining, the property is a secure investment for the future. The location is conveniently surrounded by essential amenities, with bus routes to the city centre easily accessible. Nottingham is a vibrant city with a rich history, cultural attractions, and a bustling city centre. The property has a council tax band of A and an energy performance certificate rating of D, and with an annual service charge of £1,693 and a ground rent of £100, it offers great value for money.