Malcolm Close, Nottingham... 2 bed apartment for sale

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Malcolm Close, Nottingham... 2 bed apartment for sale

Malcolm Close, Nottingham, Nottinghamshire, NG3 5AP
£113,000

Price History

Initial price £122,500
07/02/24 £117,500
01/10/25 £113,000
Price Change -7.76%

Description

This property is a popular choice for couples or sharers, offering two spacious double bedrooms and a semi-open plan kitchen. The bathroom features a three-piece suite, and the property also benefits from secure parking behind electric gates. The property is currently tenanted at £800 per month until December 2025, generating an approximate gross yield of 8.4% per annum. With a leasehold tenure, the property has a long lease term of 999 years from 1976, and the owner is responsible for paying a ground rent of £40 per annum and a service charge of £2052 per annum. The property is located in Nottingham and has a council tax band of A, with an E EPC rating.