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Royal Victoria Court, Gamble Street, Nottingham, Nottinghamshire, NG7

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Description

Location

The property is situated within an established student area of Nottingham and approximately ½ a mile from the main Nottingham Trent University campus. In addition Nottingham City Centre is a short distance away.

Surrounding uses are a mixture of private residential with the majority having been let to students. In addition Homes for Students have a purpose built student block at the end of Russell Street.

Description

The property comprises a 2 bedroom flat which is situated on the third floor of a purpose built block, the property has recently been refurbished throughout including the installation of a new boiler.

Accommodation

In summary the property comprises a lounge/kitchen with dinning area, 2 bedrooms with a bathroom. Floor plans are overleaf.

Tenure

The property is held via a long leasehold interest for a term of 99 years from 15/11/2006 with a ground rent of £250 per annum.

Rent

The property has been let for the 2023/2024 academic year at a rental of £157 per person per week on a 48 week contract producing a gross rental of £15,072.

The lease is on an inclusive of bills basis with a cap of £37 per person per week for the utilities.

Service Charge

A service charge of £1,220.32 per annum is due for the upkeep of the external and communal areas. The landlords buildings insurance is currently £728.31 for the year.

Fixtures and Fittings

All landlords fixtures and fittings are included in the sale with a list of these available upon request..

Price

Offers in the region of £130,000 are sought for the benefit of the long leasehold interest subject to the tenancy detailed above.

Brochures

Brochure 1

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.

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ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.

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LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.

85 years left

Energy performance certificate - ask agent

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

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Royal Victoria Court, Gamble Street, Nottingham, Nottinghamshire, NG7

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • High School Tram Stop0.3 miles
  • The Forest Tram Stop0.4 miles
  • Nottingham Trent University Tram Stop0.5 miles
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Disclaimer - Property reference MC31RVC. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Oak Property Consultants, Nottingham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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