Gated parking and open-plan living close to the city centre.
Tenants in situ—immediate rental income potential
This two-double-bedroom first-floor apartment is offered with tenants in situ, making it a straightforward purchase for investors seeking immediate rental income. The property features a large open-plan living/dining/kitchen, a master bedroom with en-suite, and an allocated gated parking space — practical benefits for long-term lettings.
Practical running costs include a lease with 104 years remaining, an estimated annual service charge of £1,500 and a ground rent of £150. Heating is via electric storage heaters and mains electricity; the building benefits from double glazing and contemporary construction (c.2003–2006).
Location strengths are its close proximity to the city centre, fast broadband, excellent mobile signal and a wide range of local amenities and schools. Buyers should note the local area records high crime levels and very high deprivation indices; these factors may affect tenant profiles, insurance and long-term capital-growth expectations.
Overall, the apartment suits investors seeking an income-producing asset near Nottingham city centre. The combination of tenants in place, gated parking and a practical open-plan layout supports rental appeal, while service charges and local social factors are material considerations for purchase and management planning.
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