2 bedroom apartment for sale

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2 bedroom apartment for sale

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 investment opportunity is a tenanted two-bedroom duplex apartment located in the heart of Nottingham's Lace Market, a highly desirable residential area with easy access to the town center, train station, and tram stop. The property boasts modern city living with high ceilings, feature light fittings, glass brickwork, and a contemporary feel. The apartment features a large living area, separate dining/kitchen with integrated appliances, two double bedrooms, an en-suite bathroom, and a main bathroom with shower cubicle and bath. With a current rental income of £1,150 per month until July 2025, generating a 7.8% gross yield, this property offers a ready-made investment opportunity. The property is leasehold, with a 999-year lease from 2000, and a service charge of £4,107.32 per annum.