2 bedroom flat for sale

*NO ONWARD CHAIN*
Situated in the heart of Nottingham in the well regarded Castle Exchange building. Situated on the ground floor, with allocated parking, two-double bedrooms, two bathrooms and an open plan kitchen/reception area perfect for hosting!

*NO ONWARD CHAIN*
Comprising of a modern open plan lounge/diner/kitchen with integrated appliances and storage room, two-spacious double bedrooms and two bathrooms. The property is situated on the ground floor for convenient access and has an allocated parking space included.

Perfect for a first time buyer, downsizer or as a buy to let invesment (currently achieving £1,150pcm | 10.6% gross yield).

Located in Hockley, within short walking distance of the vibrant city centre with bus, tram and train links as well as shops, cafe's and restaurants. The property is also less than half a mile from Nottingham Trent University campus!

MATERIAL INFORMATION:
Tenure: Leasehold
Lease Length: 999 years from 1 October 2003
Service Charge: £3,428 p/a (payment split and due every 6 months)
Ground Rent: £250 p/a (payment split and due every 6 months)
Ground Rent Review Period: 25 years
Ground Rent Review Amount: Based on capital value.
Next Ground Rent Review: 1/10/2028
Parking Arrangements: One allocated parking space.
Property Construction: Brick
Electricity Supply: Mains
Water Supply: Mains
Sewerage: Mains
Heating Supply: Electric
Broadband: Refer to Ofcom
Mobile Signal Coverage: No known issues
Building Safety Issues: None
Restrictions: None
Rights And Easements: None
Flood Risks Or Previous Flooding: No
Past Or Present Planning Permissions Or Applications: No
Is the property located in a Coalfield Or Mining Area: No

FASTER LEGALS
The vendors have opted to provide a legal pack for the sale of their property which includes a set of searches. The legal pack provides upfront the essential documentation that tends to cause or create delays in the transactional process.

The legal pack includes
• Evidence of title
• Standard searches (regulated local authority, water & drainage & environmental)
• Protocol forms and answers to standard conveyancing enquiries

The legal pack is available to view in the branch prior to agreeing to purchase the property. The vendor requests that the buyer buys the searches provided in the pack which will be billed at £360 inc VAT upon completion.

AGENTS NOTE:
We have not tested any of the electrical, central heating or sanitaryware appliances. Purchasers should make their own investigations as to the workings of the relevant items. Floor plans are for identification purposes only and not to scale. All room measurements and mileages quoted in these sales particulars are approximate. In line with The Money Laundering Regulations 2007 we are duty bound to carry out due diligence on all our clients to confirm their identity. Rather than traditional methods in which you would have to produce multiple utility bills and a photographic ID we use an electronic verification system. This system allows us to verify you from basic details using electronic data, however it is not a credit check of any kind so will have no effect on you or your credit history.

FIXTURES AND FITTINGS:
All those items mentioned in these particulars by way of fixtures and fittings are deemed to be included in the sale price. Others, if any, are excluded. However, we would always advise that this is confirmed by the purchaser at the point of offer.