Benefitting from a lease extension this two bedroom ground floor flat in popular Mapperley Park area makes an ideal investment opportunity with a long term tenant in situ generating an approx 6.25% yield. The property briefly comprises of entrance hallway with access to the lounge area, separate kitchen, bathroom & two double bedrooms. The development offers communal gardens & permit parking. The property is also being sold with no onward chain.
Benefitting from a lease extension this two bedroom ground floor flat in popular Mapperley Park area makes an ideal investment opportunity with a long term tenant in situ generating an approx 6.25% yield. The property briefly comprises of entrance hallway with access to the lounge area, separate kitchen, bathroom & two double bedrooms. The development offers communal gardens & permit parking. The property is also being sold with no onward chain.
Hallway Entrance hallway with carpet, ceiling light & radiator. Access to lounge, separate kitchen, bathroom & both bedrooms.
Lounge/diner 13' 11" x 13' 2" (4.24m x 4.01m) Lounge / diner with carpet, ceiling light & radiator. UPVC double glazed window to the rear elevation & access door to communal garden area.
Kitchen 13' 03" x 7' 01" (4.04m x 2.16m) Kitchen with wood style laminate flooring, celling light & UPVC window to the rear elevation. Kitchen has free standing oven / hob, free standing washing machine & fridge freezer. Stainless steel sink & drainer with mixer tap & a range of storage cupboards. Kitchen also houses the boiler.
Bathroom 7' 01" x 5' 06" (2.16m x 1.68m) Bathroom with lino flooring, wall mounted light & radiator. Bathroom has low flush WC, pedestal wash hand basin with separate taps & bath with electric shower over.
Bedroom one 10' 07" x 11' 09" (3.23m x 3.58m) Double bedroom with carpet, ceiling light, radiator & UPVC double glazed window to the side elevation.
Bedroom two 11' 07" x 9' 02" (3.53m x 2.79m) Double bedroom with carpet, ceiling light, radiator & UPVC double glazed window to the rear elevation.
Outside Communal gardens & permit parking.
Lease information Estimated Annual Service Charge: £1,346
Annual Ground Rent: £50.00
Years Remaining On Lease: 122 years