£140,000
Portland Square
- 2 beds
£140,000
- 2 beds
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Pure Investor brings to the market this two-bedroom, third-floor apartment for sale in Nottingham. Situated a short walk away from the city centre, residents enjoy easy access to local amenities, reputable schools, and parks. This would be an ideal property for a any investor looking to add to their portfolio.
This apartment boasts a generously sized living space, The open-concept design enhances the sense of space and promotes a warm, inviting atmosphere.
located on the third floor this apartment offers two double bedrooms, a family bathroom with a shower and a large open-plan living space.
The property has allocated parking with secure gated access and also benefits from intercom and fob access giving you a secure living experience.
INVESTMENT INFORMATION
- Asking price: £140,000.00.
- Property type: 2-bedroom apartment (3rd floor).
- Current rental income: £1,000pcm (£12,000.00 per annum).
- Service charge: £2,199.53 per annum.
- Ground rent: £0.
- Potential rental income: £1,100pcm - £1,200pcm - https://www.rightmove.co.uk/best-price-guide-report/90e317d8-02d5-47b5-9cb dd
- Tenure: Leasehold (999 years from construction).
- Tenants moved in on 11/10/2024 and are due to expire on 10/10/2025, they have however expressed a desire to continue if possible.
- Letting agent in place.
- The building managing agent (Metropolitan) has indicated that remedial work may be required but this will not be at the leaseholder's expense.
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