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2 bedroom apartment for sale
Mills Building, Plumptre Street, Nottingham, Nottinghamshire, NG1 1JL
£177,500
Mills Building, Plumptre Street, Nottingham, Nottinghamshire, NG1 1JL
£177,500
Price History
Initial price | £187,500 |
14/11/24 | £177,500 |
Price Change | -5.33% |
Description
This is an investment opportunity to own a tenanted two-bedroom duplex apartment in the heart of Nottingham's Lace Market, a desirable residential area surrounded by restaurants, bars, and the city center. The property boasts high ceilings, modern city living, and contemporary features such as glass brickwork, feature light fittings, and integrated appliances. The apartment has two double bedrooms, including an en-suite master bedroom, and two bathrooms. The property is currently tenanted at £1,150 per month until July 2025, generating a 7.8% gross yield. With a 999-year lease from 2000, the apartment is a solid investment opportunity. The property is within walking distance to Nottingham Train Station and Tram stop, and has easy access to the city's commercial and retail centers.