Property features

• A Fine Example Of A Spacious Second Floor Flat
• Conveniently Located Close To Local Amenities & Transport Links
• Entrance Hall, Lounge, Kitchen, Two Double Bedrooms & Bathroom
• An Ideal First Time Buy Or Rental Investment
• Communal Gardens & Residents Parking
• 124 Year Lease From April 1990 (Approx 89 Years Remaining)
• Estimated Rental Value Of £800-£850 PCM (7.5%-8% Gross Yield)
• Sold With The Benefit Of No Onward Chain
• Council Tax Band – A
• EPC Rating - C

Details

A fine example of a second floor flat situated within a modern, purpose-built block, offering deceptively spacious accommodation. 

The flat has recently been decorated and, in parts, new flooring has been laid. A fire rated front door opens into the entrance hall which extends to an impressive 16’ (5m) and provides access into the lounge, kitchen, two bedrooms and bathroom. The lounge is generously proportioned and has a pleasant view out over the communal gardens and trees to neighbouring properties. The kitchen is fitted with a range of modern cupboards and has space for appliances and plumbing for a washing machine. A window here overlooks the front. Both bedrooms are adequately sized to accommodate double beds, with one overlooking the front, the other the rear. The bathroom is fitted with a bath with an electric shower fitting over it, a toilet and a wash basin. 

Externally, the property benefits from having access to shared communal gardens and there’s a residents car park. 

The property is conveniently located off Gedling Road where a wide range of local amenities are just a short walk away, including pubs, restaurants, coffee shops, hair and beauty salons and convenience/grocery stores. 

Bus routes on Gedling Road connect the area with Nottingham City Centre and Carlton Train Station is within a reasonable walking distance. 

The property is held on a 124-year lease commencing 2nd April 1990 and therefore approximately 89 years remain. We are advised that the Ground Rent is £10.00 (ten pounds) per annum and information on the cost of the Service Charge is yet to be confirmed. 

The flat is considered to be ideal for first-time buyers as well as those looking for a buy-to-let investment. With an estimated monthly rental of £800 to £850, a gross yield of 7.5% to 8% should be achievable.

To boot, the property is offered for sale with the benefit of no onward chain. 

For schooling, please refer to: www.Nottinghamshire.gov.uk/admissions.

Tenure: Freehold. Local Authority: Gedling Borough Council. The agency website indicates Council Tax Band: A. Energy Efficiency Rating: C. 

Kieran Petersen, HomeMove Nottinghamshire:
Having joined forces with Ben Sales at HomeMove Nottinghamshire in 2024, Kieran offers 30 years of experience and has previously run his own successful independent agency. Kieran has lived in the East Nottinghamshire village of Burton Joyce for the past 17 years so he has unrivalled knowledge of the area and is exceptionally well-placed to offer accurate marketing advice. If you are thinking about buying or selling a property in or around the NG14 area, please get in touch with Kieran!  

* When you make an offer on a property, we are required by law to carry out ID and Financial verification checks. As part of this we will need to see documents including Proof of ID, Address and Financial Statements and we will carry out a ‘SmartSearch’ chargeable at £7.50 per buyer.  HomeMove Estate Agents may be paid a referral fee for introducing clients to their preferred EPC, Conveyancing, Survey and Mortgage service providers. 

EPC