1 bedroom apartment for sale
Key information
Features and description
- Investment opportunity
- One bedroom studio-style apartment
- Tenanted until August 2026
- Current rent £805pcm giving an estimated gross yield of 10.2%
- Furnished
- Extremely popular development
- Secure entry system and concierge service
- EPC rating C
- Council Tax band B
Excellent investment opportunity
Good size one double bedroom studio-style, fifth floor, furnished apartment in the sought after development of Marco Island. 24hr concierge service in the heart of Nottingham City Centre.
Property comprises of open plan lounge and kitchen (with appliances) and overhead spotlights. Bedroom is separated by partition wall. Main bathroom has a bath with shower over.
Currently Tenanted until August 2026 on a 12 month AST with a rent of £805pcm. Estimated gross yield of 10.2%.
The property has been successfully let and managed by Cavendish Residential since September 2008 with negligible void periods (for check out, cleaning and inventories for incoming Tenants).
Viewing highly recommended.
Council: Nottingham City Council
Council Tax Band: B
EPC Rating: B
Tenure: Leasehold
Lease length: 150 years from April 1st 2004
Service charge currently: £1767.78 per year
Ground rent: £322.80 per year
Please note all above figures have been provided by the seller- we would strongly advise these points are checked via a conveyancing solicitor.
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