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1 bed Flat For Sale £120,000
Woolpack Lane, Nottingham NG1


Description
Attention investors - currently tenanted at £635PCM - 6.35% yield

An excellent opportunity to acquire this beautifully well presented 4th floor, one double bedroomed apartment with balcony, open plan living area, bathroom with white suite and secure allocated car parking space.
Viewing essential

Attention investors - currently tenanted at £635PCM - 6.35% yield

An excellent opportunity to acquire this beautifully well presented 4th floor, one double bedroomed apartment with balcony and secure allocated car parking space.
Accommodation comprises of:

Kitchen

Opening on from the living area is the modern fitted kitchen which benefits from a range of wall and base cupboard units as well as a range of integrated appliances including a fridge with freezer compartment, slimline dishwasher, washing machine, microwave, oven, hob and extractor hood.

Living / Dining Room

Opening on from the modern fitted kitchen is open plan living / dining area which has been tastefully decorated throughout with painted walls and carpeted flooring whilst double doors open to reveal the private balcony which allows for ample natural light. Just off from the lounge is an in built cupboard which houses the apartments hot water cylinder and provides excellent storage space.

Master Bedroom

The master bedroom benefits from large double glazed windows which allow for ample natural light, as well as tasteful decor throughout including painted walls and carpeted flooring. In addition, there are fitted double wardrobes with sliding wooden doors which provide excellent storage space.

Bathroom

The bathroom includes a three piece white suite comprising of a low level WC, pedestal wash hand basin with chrome mixer tap and bath with shower over. The room is well decorated with painted walls which are complimented by the tiled splash backs and vinyl flooring.

Parking

The apartment benefits from one secure allocated car parking space.

Please Note

Tenure: Leasehold

The apartment benefits from one secure allocated car parking space and balcony from the living area.

The apartment is currently tenanted at £635pcm generating a gross yield of 6.35%.

We are advised that the lease has approximately 983 years remaining. The service charge is approximately £824.84 per annum whilst the ground rent is £250 per annum.

Viewing highly recommended.

Disclaimer

Fixtures and fittings other than those mentioned are to be agreed with the Seller.
All measurements are approximate and are taken using a laser tape.
Statements contained within this brochure are provided in good faith and are understood to be accurate, although cannot be guaranteed since we rely on information provided by other parties. Prospective purchasers are advised to satisfy themselves as to the validity of the information contained, either by inspection or through their solicitors, prior to any exchange of contracts to purchase. Services have not been tested and it is recommended that purchasers undertake independent tests on all services and mechanical installations, prior to exchange. Details correct at time of going to print.

Money Laundering
In line with The Money Laundering, Terrorist Financing and Transfer of Funds (information on the Payer) Regulations 2017, as a regulated profession, Liberty Gate require any successful purchasers proceeding with a purchase to provide two forms of identification i.e. Passport or photo card driving license and a recent utility bill. This evidence will be required prior to Liberty Gate instructing solicitors in the purchase or the sale of a property. We are duty bound to carry out due diligence on all of 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. As a seller or purchaser, by proceeding with a sale or purchase, you understand that we will undertake a search with Experian for the purposes of verifying your identity. To do so Experian may check the details you supply against any particulars on any database (public or otherwise) to which they have access. They may also use your details in the future to assist other companies for verification purposes. A record of the search will be retained.

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