Summary - 2 FLAT 4 SPONDON STREET NOTTINGHAM NG5 4FA
1 bed 1 bath Flat
Low-maintenance central flat ideal for cash buyers or buy-to-let investors.
No onward chain; vacant possession available
Open-plan lounge, dining and modern fitted kitchen
Double bedroom with large window; modern shower room
Double glazing and electric heating throughout
Secure entry system; convenient urban location
Service charge £930 per year; council tax very low
Only 48 years left on lease — lenders likely to refuse
Total size 461 sq ft; suited to cash buyers or investors
A bright one-bedroom apartment in Sherwood offering low-maintenance living and immediate vacant possession. The open-plan lounge and kitchen create an airy feel across an average-sized 461 sq ft footprint, with a double bedroom and modern shower room suited to single buyers, downsizers, or a rental let.
Practical features include double glazing, electric heating, and secure entry. The development sits close to local shops, regular bus routes and direct links into Nottingham city centre, making it convenient for commuting and everyday errands. Service charge is £930 per year and council tax is very low, helping keep running costs down.
Important lease information: there is a significant lease length concern noted — only 48 years remaining. This will likely prevent most mortgage lenders from offering a loan and is a material factor for purchasers. Buyers should obtain full legal and mortgage advice before committing and factor in potential lease-extension costs.
Offered chain-free, this flat represents a straightforward purchase for a cash buyer or an investor prepared to manage the lease issue. The apartment’s condition is described as modern and well-presented, but any interested buyer should verify fixtures, fittings and building management details during due diligence.
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