Summary - Apartment 21, The Living Quarter, 2 St. Marys Gate NG1 1PF
1 bed 1 bath Apartment
**Standout Features:**
- 1-bedroom apartment in the popular Living Quarter development
- Open plan living space with floor-to-ceiling windows
- Gated underground parking for one vehicle
- Estimated rental income of £895-925pcm, offering a gross yield of 8.5%-8.8%
- EPC rating: B
- Nestled in a multicultural neighborhood with vibrant amenities within walking distance
**Potential Concerns:**
- Leasehold property with 108 years remaining on the lease
- Current service charge estimated at £395 per quarter
- Average crime rate in the local area
Discover the allure of urban living in this contemporary 1-bedroom apartment situated in the heart of Nottingham's Living Quarter, overlooking the bustling Lace Market Square. Boasting an expansive open plan living area filled with natural light, a generously sized bedroom with fitted wardrobes, and a chic family bathroom, this apartment is an ideal investment opportunity or first-time buy.
Perfect for investors, the apartment offers an attractive rental potential of £895-925 per month, yielding an impressive return of 8.5%-8.8%. Enjoy the security of gated underground parking and the convenience of nearby tram and train stations, with multiple amenities just moments away, including shops, cafes, and recreational facilities. The modern build features double glazing and efficient heating, promoting comfort and low energy costs.
While the property requires a service charge and is leasehold, the potential for value appreciation in such a sought-after location makes this a must-see for anyone seeking comfort, convenience, and investment potential. Don’t miss your chance to own this gem in a cosmopolitan setting!
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