Summary - LEXINGTON PLACE APARTMENT 46 PLUMPTRE STREET NOTTINGHAM NG1 1AN
2 bed 1 bath Flat
Income-producing flat with long lease and secure parking, ideal for buy-to-let investors.
South-facing balcony, juliette and full glazing
A practical two-bedroom second-floor apartment in the centre of Nottingham, well suited to buy-to-let investors or city commuters. The flat has a long lease (128 years), one secure off-street parking space and a south-facing balcony, making it a straightforward urban rental or pied-à-terre.
Internally the accommodation includes two double bedrooms (one with an ensuite), a fitted kitchen with integrated appliances, a living room with juliette balcony and practical laminate and carpeted floors. The property is currently tenanted at £1,126 pcm on an academic-style tenancy and is already income-producing.
Buyers should note material facts: the building sits in a multicultural, student-dominated neighbourhood with higher crime and local area deprivation. Annual service charge (£1,688) and ground rent (£150) apply. Some internal areas are dated and will need routine maintenance or cosmetic updating between tenancies.
For an investor seeking central Nottingham stock with a long lease and secure parking, this offers immediate income and easy management. First-time buyers seeking a quiet family home should consider the student neighbourhood character and local crime statistics before viewing.
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