Ready income near Nottingham City Hospital with long lease and allocated parking.
Ground-floor two-bedroom apartment, easy access
A practical, ground-floor two-bedroom apartment positioned for steady rental demand close to Nottingham City Hospital. The property has a long lease (about 110 years remaining), recent rental history of £875pcm and off-street allocated parking, making it a straightforward buy-to-let for investors seeking immediate income and low-management communal living.
The layout provides a separate lounge and kitchen, modest storage and a small private garden area. The building benefits from fob/key-coded entry and allocated parking, and the flat sits on the ground floor for easy access. Broadband and mobile signal are strong and local transport links make it accessible for hospital staff and commuters.
Buyers should note the current assured tenancy in place until November 2025 producing £10,500pa, plus an annual service charge of £1,027.46 and ground rent of £200. The surrounding neighbourhood has higher crime levels and is in a deprived area classification, which can affect tenant profiles and future capital growth compared with more affluent locations.
Overall this is a pragmatic investment: stable immediate income, long lease and low council tax, balanced against service charges and local area challenges. It suits purchasers seeking a hands-off rental with straightforward occupancy and proximity to major employment hubs.
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