Summary - Flat 9, 27, Woolpack Lane, NOTTINGHAM NG1 1GA
1 bed 1 bath Apartment
**Standout Features:**
- One-bedroom third-floor apartment with open-plan living
- Modern design in a purpose-built development
- Close proximity to Nottingham city centre
- Double glazing and mains gas heating
- Leasehold with 103 years remaining
**Notable Concerns:**
- Bathroom in need of modernization, with signs of wear
- Some areas report high crime rates and the neighborhood shows signs of deprivation
- Relatively high service charge and ground rent
This inviting one-bedroom apartment offers an excellent investment opportunity or a comfortable first-time home in a vibrant community. Located on the third floor of a contemporary development, the property features an open-plan lounge and kitchen with integrated appliances, making it ideal for urban living. The bedroom boasts elevated views, while a shower-bath combo in the bathroom provides convenience.
Although the living space is ready for occupancy with no upward chain and vacant possession, prospective buyers should consider the need for modernization in the bathroom due to wear and minor water damage. With a service charge of approximately £1,122 bi-annually and a moderate ground rent of £250, this apartment also reflects the dynamics of the local market, characterized by a high crime rate and varying levels of neighborhood deprivation.
Situated within walking distance to Nottingham’s lively city centre, this property is perfect for commuters and those who enjoy cultural amenities. The surrounding area boasts a diverse range of shops, restaurants, and essentials, making it an appealing choice for both homeowners and investors. Don't miss this chance to envision your urban lifestyle or investment potential—schedule your viewing today!
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