Semi-detached house for sale in Nottingham NG2, 0 Bedroom

For the freehold only, not for the apartments. A ground rent freehold investment sale of Centenary House, 8 Musters Road consisting of 4 leasehold apartments sold in 2014 on 125 year leases. The ground rent income is fixed at £1600 per annum representing a solid 5% yield at the asking price of £32,000. The building consists of a ground floor 2 bed, first floor 2 bed, third floor 2 bed and fourth floor 1 bed apartment all newly converted in 2014. The cellar also forms part of the freehold. There is parking to the front and rear of the building. Enviable location opposite the war memorial and adjacent to Trent Bridgford Cricket Ground. An excellent long term investment opportunity.

Section 21 of the Estate Agents Act 1979 specifies what 'interests' must be declared by the agent. Where such an interest exists, Paragraph 10c of the Code of Practice requires the agent to disclose this information. The freehold is owned by hus Developments Ltd of which Daniel & Chloe Gooding of Rex Gooding Estate Agents are equal shareholders.