This property has been taken off the market.

2 Bed Apartment House For Sale Queens Road, Nottingham, NG2

£140,000- Apartment

1 of 11
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Last Updated: 29th February 2024

Description

*EWS1 in place* *£11,520 rental income PA* *8.2% YIELD

Vision Properties are delighted to offer this two bedroom apartment in Nottingham City Centre located in The Hicking Building.

The Hicking Building is one of the largest and most iconic residential developments in Nottingham with over 320 units. The development is made up of four block with a range of studio, one and two bedroom apartments as well as housing the only Hooters bar in the country.

Situated in a fantastic location just across the road from Nottingham Train Station and only ten minutes walk to West Bridgford and City Centre.

Packed with modern fixtures and fittings throughout the property has an estimated rental value of £1050.00 per calendar month therefore generating an optimised yield of 9% making this an ideal investment for all kind buy to let landlords!!

The property is currently let for £900.00 per calendar month with an allocated parking space achieving £60.00 PCM.

Ground Rent: £250.00 per annum
Service Charge: £1,917.62
Lease years remaining: 110

EWS1 in place.
Agent Details
Vision Properties
Stowe House, 1688 High Street, Knowle, B93 0LY

Investment Analysis

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Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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Potential Return-on-Cash Invested