Summary - THE HABITAT FLAT 88 WOOLPACK LANE NOTTINGHAM NG1 1GJ
2 bed 2 bath Flat
**Standout Features:**
- Two double bedrooms with integrated wardrobes
- Ensuite bathroom in the master bedroom
- Open-plan living/dining area with a Juliette balcony
- Modern kitchen with essential appliances (fridge freezer, dishwasher, washing machine)
- Allocated secure parking in a garage
- Central location in the vibrant Lace Market area
- Tenant currently in place until January 2026, offering immediate rental income
- Strong demand in a multicultural student neighborhood
**Concerns:**
- Average property condition with potential for cosmetic updates
- Higher service charge of £2,616 annually
- Moderate crime rate in the area
- Leasehold tenure with associated ground rent of £250 per year
Nestled in the heart of Nottingham’s trendy Lace Market, this modern two-bedroom apartment presents an incredible investment opportunity. Ideal for first-time buyers and seasoned investors alike, the well-lit open-plan living area with a Juliette balcony creates a welcoming space perfect for relaxation and entertaining. The contemporary kitchen is equipped with essential appliances, making it both sleek and functional. You’ll appreciate the convenience of an ensuite bathroom in the master bedroom, along with a second spacious bedroom and family bathroom.
This property’s prime location ensures easy access to local amenities, including boutiques, theaters, and a variety of dining options – ideal for students and professionals alike. With a reliable tenant in place until January 2026, the option for passive rental income is ready to go. Although the property has an average condition and comes with a moderate service charge, this is an excellent chance to secure a foothold in an ever-growing market. Don't miss out on this gem!
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