2 bedroom flat for sale

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2 bedroom flat for sale

Sophie Road, Radford, Nottingham NG7
£110,000

Price History

Initial price £115,000
02/03/24 £110,000
Price Change -4.35%

Description

This is an investment opportunity to purchase a second/top floor apartment in a modern block near the Forest Recreation Ground and local tram stop in Nottingham. The property is currently let and generates rental income of £725 per month, representing a yield of 7.5% at the current asking price. The apartment has an entrance hall, spacious living kitchen with integrated appliances, two bedrooms, and a bathroom with white suite and electric shower. The property also features UPVC double glazing and gas central heating with a combination boiler. The building is subject to management fees and ground rent, and the lease has 108 years remaining. The property is situated within the Nottingham City boundary and will require a Selective License for letting.