Under Offer

Marco Island, Huntingdon Street, Nottingham, NG1 1AR


£95,000

Property Composition

  • Apartment
  • 1 Bedrooms
  • 1 Bathrooms
  • 1 Reception Rooms

Property Features

  • APARTMENT
  • 1 DOUBLE BEDROOM
  • OPEN PLAN
  • CITY CENTRE
  • SITTING TENANT
  • 3 PIECE BATHROOM SUITE
  • INTEGRATED KITCHEN APPLIANCES
  • NO CHAIN
  • £850PCM RENT
  • ADDITIONAL PROPERTY AVAILABLE FOR PURCHASE*

Property Description

Welcome to Marco Island!

**This is one of three identical apartments available, being sold by the same landlord. Please enquire if you wish to discuss to option to purchase the remaining 2 properties**

A fourth floor apartment, which is presented in a good condition and briefly comprises of an opan plan living/kitchen area, a double bedroom and three piece bathroom suite.

The building benefits from lift access, 24 hour concierge and is offered to the market with no upward chain. Its an excellent buy-to-let investment, currently achieving £850pcm producing an 8.4% gross yield.

The market rent is between £850-£875pcm. There is a potential for a 11% gross yield!

 

Room descriptions:

Hallway - Storage cupboard.

Kitchen/Living/Dining Room - Fitted with a matching range of base and eye level units with worktop space over, 1+1/2 bowl stainless steel sink with mixer tap, integrated fridge, dishwasher and washing machine, fitted electric oven, four ring ceramic hob with an extractor hood over, two double glazed windows, wall mounted electric heater.

Bedroom - Window to rear, wall mounted electric heater, open plan.

Bathroom - Fitted with three piece suite comprising bath with shower over, wash hand basin and WC, tiled splashbacks, heated towel rail.

General - Situated on the fourth floor the apartment benefits from lift access, entryphone system and 24hr concierge.

 

2 remaining apartments with sitting tenants achieving: £850pcm, £750pcm respetively.

 

Lease Information - Lease: 131 years remaining
Ground rent: £320pa
Service Charge: £1400pa

Council Tax Band - Council Tax Band B

Property Map

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