1 bedroom apartment for sale

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1 bedroom apartment for sale

The New Alexandra Court, Woodborough Road, Nottingham, Nottinghamshire, NG3
£69,995

Price History

Initial price £72,500
29/10/24 £69,995
Price Change -3.46%

Description

This furnished one-bedroom apartment is an ideal investment opportunity, generating a gross yield of 12% through its tenancy. Located in a popular development just a 15-minute walk from the city centre, the property boasts an open lounge and kitchen with all appliances, a spacious double bedroom, and a modern shower room. The property also comes with gated parking behind electric gates, as well as additional on-street visitor parking. The lease is 999 years from 2005, with a service charge of £1,800 per annum and a ground rent of £150 per annum. With a Council Tax band of A and an EPC rating of C, this property is a great option for investors looking for a steady return. Viewings are highly recommended to appreciate the property's potential.