Summary - Apartment 37 Lexington Place, 9, Plumptre Street NG1 1AN
2 bed 2 bath Apartment
**Standout Features:**
- Two spacious double bedrooms, one with en-suite
- Currently tenanted with a 7.3% yield, lease until August 2024
- Allocated gated parking space
- Central location in a multicultural student neighborhood
- Well-presented with a modern kitchen and large living areas
**Potential Downsides:**
- High crime rate in the area
- Maintenance required on older fittings such as the electric storage heaters
- The property is leasehold with an annual ground rent of £150
Discover an attractive investment opportunity with this deceptively spacious two double bedroom apartment located in the vibrant Lace Market area of Nottingham. Boasting a generous layout of 850 sq. ft., this well-presented property features a large entrance hall, a bright lounge with a Juliet balcony, a sleek fitted kitchen, and an en-suite master bedroom along with an additional double bedroom and bathroom. The gated allocated parking space adds an extra layer of security and convenience for tenants.
Currently generating a lucrative 7.3% yield with tenants secured until August 2024, this apartment is perfect for investors seeking a ready-made rental. While the area does have a high crime rate, its cosmopolitan atmosphere and proximity to amenities make it appealing for a variety of renters, particularly students. Don’t miss out on this exceptional property – secure your viewing today!
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