2 bedroom apartment for sale

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2 bedroom apartment for sale

The Living Quarter, 2 St. Marys Gate, Nottingham, Nottinghamshire, NG1 1PF
£159,950

Price History

Initial price £169,950
18/09/24 £159,950
Price Change -5.88%

Description

This two-bedroom apartment is situated in the heart of Nottingham's Lace Market, offering an ideal investment opportunity. The property features a spacious open-plan living area with views of the new Lace Market Square, a fully-fitted kitchen with built-in appliances, and two bedrooms, including a master bedroom with an en-suite shower room. The property also comes with a main family bathroom, one underground secure parking space, and is currently tenanted until July 2025 with a rent of £895 per month, providing a gross yield of 6.9%. The property is leasehold with a 125-year lease from January 1st 2006, and the current service charge and ground rent are approximately £606.32 and £189.98, respectively, paid quarterly and bi-annually.