Chain-free apartment with parking and rental potential near Nottingham transport links.
No upward chain — straightforward sale process
Open-plan living with large windows and lift access
Resident parking on-site in gated development
Kitchen dated (1970s–1980s units) — scope to modernise
Electric storage heating; electricity-fuelled — higher running costs possible
Leasehold: ~103 years remaining; cash-only sale
Service charge approx. £1,700pa and ground rent £399pa
Estimated rent ~£775pcm — attractive for investors
This second-floor, two-bedroom apartment in Parry Court offers an uncomplicated, chain-free purchase with clear investment potential. The open-plan living space benefits from large windows and lift access, creating a bright, low-maintenance home in a well-kept, gated development with resident parking.
The fitted kitchen and bathroom are functional but dated; the kitchen shows 1970s–1980s wear and could be modernised to improve comfort or rental appeal. Heating is by electric storage heaters and main fuel is electricity—buyers should factor higher running costs compared with gas-heated homes.
Financially this leasehold flat carries an average service charge of around £1,700pa and a ground rent of £399pa, with approximately 103 years remaining on the lease. The property is marketed cash only, which limits buyer options but suits investors or buyers able to fund purchase without mortgage finance.
Located close to Nottingham city centre, universities and transport links, the apartment is practical for commuters and students. Estimated rental income of about £775pcm indicates reasonable yield for the asking price, but prospective purchasers should verify rental figures and service charge implications before committing.
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