1 bed Flat For Sale £145,000
The Living Quarter, 2 St. Marys Gate, Nottingham, Nottinghamshire, NG1 1PF

Investment opportunity

One double bedroom apartment with underground parking, located in The Living Quarter, a popular development located in the heart of the city overlooking Lace Market Square.

This well presented apartment offers an open plan living space with floor to ceiling windows. The bedroom is of good size with fitted wardrobes.

To complete the property from the inner hallway, family-style bathroom with shower over bath and small store cupboard.

Underground gated parking included behind electric gates.

The Living Quarter development is very well kept throughout and is located just a minutes walk from the Nottingham Lace Market tram stop and 10 minutes from Nottingham Train station.

Potential monthly rental income of £895-925pcm giving an estimated gross yield of 7.7%

Internal viewing very highly recommended.

Council: Nottingham City Council

EPC rating: B

Council Tax Band: C

Tenure: Leasehold

Lease length: 125 years from January 1st 2006

Service charge currently: Quarterly service charge approximately £395.00

Ground rent: Paid in two instalments of £189.98 in March and the same amount in September

Insurance: £259.70 - 29th May 2023 to 2024

Please note all figures above have been provided by the seller. We would encourage you to have these verified by your legal adviser.