1 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (980 years remaining)
- Investment
- Currently Tenanted achieving £9,000 P.A.
- Long Leasehold
- Second Floor
Apartment 36. The New Alexandra Court, Woodborough Road, Nottingham, NG3 4LN
We offer to the market. An outstanding second floor, one bedroom apartment which would be an ideal investment.
Description.
A second floor, one bedroom apartment which would be an ideal investment. The accommodation comprises hall, lounge, kitchen, one bedroom, and bathroom.
Tenure: Leasehold. Lease Term: 999 years from 01.06.2005
The current service charge is £1,848. Ground rent £150.
Income producing: The Apartment is currently producing rental income by way of a A.s.t. agreement. Of £850 per month or £9000 per annum.
EPC Rating: C
Location: The Apartment is part of a well-established block. Standing on Woodborough Road. Situated within close proximity to Nottingham City Centre, shops, amenities and a full range of transport links.
The property can be easily found using our what three words system and searching for reason.outer.loved.
General location
Situated to the northeast of the city centre. It encompasses several neighbourhoods and offers a range of benefits that make it an attractive place to live.
Nottingham's bustling city centre. This means residents have easy access to a wide array of amenities, including shopping centres, restaurants, bars, entertainment venues, and cultural attractions.
The NG3 area boasts several green spaces for residents to enjoy. Victoria Park lies at the heart of the area and provides a tranquil environment with beautiful gardens, open spaces, and sports facilities. There are also other smaller parks and green areas scattered throughout,, offering opportunities for outdoor activities and relaxation.
You will find a strong sense of community, with local events and initiatives fostering a friendly and welcoming atmosphere. The area is home to numerous community centres, sports clubs, and social groups, providing opportunities for residents to connect and engage.
Famously home to notable landmarks and attractions such as Nottingham Castle
and the Nottingham Playhouse, offering opportunities for residents to immerse themselves in the vibrant arts and cultural scene of the city.
Excellent transport connections, make it convenient for commuters and those who enjoy exploring the city. Frequent bus services operate in the area, providing access to various parts of Nottinghamshire.
The area is also well-connected by major roads including the A52, A46 and M1 motorway, Allowing for easy travel in and out of the city.
Important Note. Prospective Buyers attention is drawn to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable.
The Apartment. Is available for sale under Auction terms and conditions. Subject to a auction guide price of £65,000 plus.
PLEASE NOTE: A MEMBER OF THE PALACE AUCTION'S TEAM has not internally viewed THE PROPERTY at the time of preparing these particulars.
Viewing Details
The property is income producing i.e. tenanted and is therefore subject to a minimum of 48 hours’ notice for viewing.
Buyer’s Premium:
The successful buyer shall pay 10% property deposit upon the fall of the hammer. Plus,, in addition 2% buyer’s premium subject to a minimum of £4800 including VAT.
Places of interest
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Property reference Apartment 36. The New Alexandra Court. 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 Palace Auctions - South Shields.
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Broadband availability and predicted speed: obtained from Ofcom on February 4, 2022
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
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Mobile phone signal availability and predicted strength: obtained from Ofcom on February 4, 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: obtained on January 18, 2022 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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