1 bedroom apartment for sale

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1 bedroom apartment for sale

Derby Road, Nottingham
£110,000

Price History

Initial price £115,000
10/05/24 £110,000
Price Change -4.35%

Description

This one-bedroom apartment is situated on the third floor of the Park West Building, a modern development close to Nottingham's city centre, within easy reach of both Nottingham University and Nottingham Trent University. The property is currently let for £825 per month and is offered with no upward chain, making it an attractive proposition for investors. The apartment features an open-plan living/kitchen area, a double bedroom, and a three-piece bathroom, complemented by an intercom system, a lift, and an allocated parking space. The building is undergoing a thorough fire safety and cladding inspection to obtain an EWS1 certificate, with the outcome anticipated. The apartment benefits from electric heating, double glazing, and an airing cupboard. The lease offers 999 years from 2003, with a ground rent of £125 pa and a service charge of £1618 pa.