This property is no longer on the market
2 bedroom apartment
Key information
Property description & features
- Tenure: Leasehold
- Tenanted until July 2023
- Generous open plan living space
- Allocated parking
- Character features
- 10 minutes walk to the City Centre
- Ideal for first time buyers and investors
Tenanted until July 2023 generating an approximate gross yield of 7.4% (£1050pcm) this is ideal for an investor looking for an already tenanted property or first time buyer.
Located within 10-minute walk of Nottingham's City Centre, this fantastic light and airy two double bedroom apartment is ideal for City workers or those that enjoy Nottingham's nightlife.
The property boasts a generous sized open plan living space with high ceilings, large warehouse style windows and exposed brickwork; kitchen with modern units and appliances and plenty of storage and worktop space; two double bedrooms, master with en-suite shower room and main bathroom with shower over bath.
The Cigar Factory is located just off Derby Road, within five minutes' walk of Nottingham City Centre. The area is well served by a variety of shops, pubs, restaurants, and takeaways.
Underground parking included for one car behind remote controlled electric gates.
Viewing highly recommended.
Please additionally note the apartment is within a Grade II listed building.
EPC Rating: C
Service charge: £1844.36 per annum
Lease length: 999 years from 2002
Ground rent: £125 per 6 months
Please note the current owner has provided all above figures.
Property Misdescriptions Act 1991 - all
statements contained within this brochure have been provided in good faith and
are understood to be accurate although cannot be guaranteed as we rely on
information provided by others. Potential purchasers should satisfy themselves
as to the validity of the information contained either by inspection or through
their solicitors prior to any exchange of contracts to purchase. Services have not
been tested and purchasers are recommended to undertake independent tests on
all services and mechanical installations prior to exchange. Details correct at
time of going to print.
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Property reference CVN_NTT_LFSYCL_685_872209664. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Cavendish Residential - Nottingham.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 21, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 19, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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