Summary - YALE HOUSE 115 RIVERMEAD WEST BRIDGFORD NOTTINGHAM NG2 7RG
2 bed 1 bath Apartment
Income-ready flat near West Bridgford amenities and riverside walks.
Tenant in situ — sold with existing tenancy (income-producing immediately)
Approx 488 sq ft; compact two-bedroom second-floor apartment
Leasehold: 139 years remaining (long lease)
Service charge approx £1,500 per year; ground rent £200 per year
Heating: electric room heaters — no central heating
Cavity walls assumed uninsulated; potential energy-efficiency work needed
Double glazing fitted post-2002; good broadband and mobile signal
Located near River Trent, shops, transport; local crime above average
This second-floor, two-bedroom apartment in West Bridgford is offered with a tenant in situ, making it immediately income-producing for investors. At about 488 sq ft, the flat suits buy-to-let portfolios or buyers seeking a low-maintenance city-edge investment close to the River Trent and local amenities.
Practical details support straightforward ownership: 139 years remaining on the lease, an average service charge of £1,500 and a small ground rent of £200. The building benefits from double glazing (installed post-2002) and excellent mobile and broadband connectivity, while the property is chain-free for a quick transfer of ownership.
There are clear maintenance and efficiency considerations. Heating is by electric room heaters rather than central heating, and the cavity walls are assumed uninsulated, which may mean higher energy costs and potential retrofit work. The flat is modest in size and the communal concrete building dates from the mid-20th century, so cosmetic updating or targeted refurbishment may be needed to maximise rental value.
Location is a strong selling point: short walks to West Bridgford’s shops, restaurants and the Victoria Embankment, plus good transport links into Nottingham city centre. Crime levels are reported above average locally, which investors should factor into letting strategy and pricing. Overall, this is a practical, let-ready unit for investors who want immediate income and scope to add value through improvement.
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