Flat for sale in Nottingham NG5, 2 Bedroom

Investment property 8% yield!
Set in the popular location of Sherwood Rise this fantastic 2nd floor two double bedroom investment property is being welcomed to the market fully furnished throughout, sold with tenants in place for the 18/19 academic year at a rent of £900 pcm producing a yield of over 8%. The property benefits from no upward chain and is the perfect buy to let investment purchase.
The apartment is neutrally decorated throughout with the benefit of a serene feature waterfall mural to the living area, and open plan living/kitchen/dining area with a Juliet balcony overlooking the grounds.
The apartment comprises of an open plan living/ kitchen/ dining area, two double bedrooms, with the master having the benefit of an en suite, family bathroom and ample sized storage cupboard.
The property benefits from gated access via a key fob and an allocated parking space.

Viewings strictly by appointment only.

Entrance Hall (1.5 x 6.4 (4'11" x 20'11"))

Leading from the main entrance door into the hallway, giving access to the open plan living kitchen, storage cupboard, bathroom, master bedroom and second bedroom. The hallway is neutrally decorated and carpeted throughout with telecom system to wall.

Open Plan Living / Kitchen (6.1 x 2.9 ext to 4.1 (20'0" x 9'6" ext to 13'5" ))

Boasting a porcelain tiled floor throughout, with double glazed patio doors and Juliet balcony to front elevation. Furnished to include a leather three seated recliner sofa with matching single leather arm chair, feature waterfall mural and mounted television to the wall. To the kitchen area is fitted wood effect laminate cupboards with matching worktops with tiled spashbacks throughout. Built in electric oven and hob with overhead extractor and single bowl stainless steel sink. Free standing fridge/freezer, washing machine and dishwasher are all included within the sale.
Airing cupboard is also situated within the lounge/kitchen area with access to the water pressure system.

Master Bedroom (2.9 x 4.0 ext to 5.6 (9'6" x 13'1" ext to 18'4"))

Neutrally carpeted and decorated throughout with double glazed window to rear elevation and access to ensuite. Good size double bedroom and furnished to include; double bed, double wardrobe, chest of drawers and two bedside tables.

Master Ensuite (1.5 x 1.9 (4'11" x 6'2" ))

Tiled to floor and partially tiled to wall the ensuite benefits from a single shower cubicle with mains shower, toilet and sink vanity unit, extractor fan to wall and shaver point access.

Second Bedroom (3.3 x 2.7 (10'9" x 8'10"))

Carpeted and neutrally decorated throughout with double glazed window to rear elevation. Furnished to include a large wardrobe, double bed and two bedside tables.

Bathroom (2.0 x 1.4 (6'6" x 4'7"))

Generously sized bathroom with cream tiles to floor and partially tiled to the walls. The bathroom benefits from a bath with overhead mains shower, sink, toilet, extractor fan and shaving point.

Storage Cupboard

Access from the main hall.

External

The surrounding grounds benefit from a secured gate with key fob access only. The apartment benefits from one allocated parking space.

Tenancy Details

There is an Assured Shorthold Tenancy Agreement on the property from 07/09/18 to 06/09/19 at a rent of £900 pcm giving a yield of over 8%

Lease Details

The property is on a 125 years lease from 2003.
Ground rent £125 per year.
Service charge £102 per month.

Location

Located in the popular area of Sherwood Rise, the apartment is within a close proximity to Nottingham Trent University and Nottingham City Centre, with excellent transport links.

Viewings

6 Lenton Boulevard, Lenton, Nottingham, Nottinghamshire, NG7 2ES.

Services

Mains water and electricity are available to the property but none of these, nor any of the appliances attached thereto, have been tested by Nicholas Humphreys, who gives no warranties as to their condition or working order. Telephone subject to suppliers regulations.

Fixtures, Fittings & Appliances

The mention of any fixtures, fittings and/or appliances does not imply they are in full efficient working order.

Internal Photos

Photographs are reproduced for general information and it cannot be inferred that any item shown is included in the sale.

Measurements

Every care has been taken to reflect the true dimensions of this property but they should be treated as approximate and for general guidance only.

Money Laundering

Where an offer is successfully put forward we are obliged by law to ask the prospective purchaser for confirmation of their identity. This will include production of their passport or driving licence and a recent utility bill to prove residence. This evidence will be required prior to solicitors being instructed.

General Note

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this agent's employment has the authority to make or give any representation or warranty in respect of the property.

Hours Of Business

Our office is open Monday to Friday 9am till 5.30pm and Saturday, 10am till 4pm. For your convenience we are also contactable out of office hours and can carry out viewings out of hours also - Email .

Particulars

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firm s employment has the authority to make or give any representation or warranty in respect of the property.