Parry Court - 9% Yield - Cash Only
- PROPERTY TYPE
Ground Flat
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- 2 MILES TO CITY CENTRE
- CASH PURCHASE ONLY
- TENANT IN SITU
- 9% GROSS YIELD
- PROFESSIONAL TENANT
- GROUND FLOOR APARTMENT
- £1560 SERVICE CHARGE
- £399 GROUND RENT
Description
We are delighted to present this stylish one bedroom ground floor apartment with contemporary style decor. The accommodation briefly comprises communal entrance with stairs and lift, entrance hall, open plan living room/kitchen, one double bedrooms and a bathroom/wc. Externally there is a communal garden and allocated parking. EPC Rating Grade C.
Communal Entrance
Communal entrance door with intercom entry phone system leading to a communal hallway with lift and staircase providing access to all floors.
Hall (apartment)
Entrance door, wall mounted entry phone handset, storage cupboard and airing cupboard housing a hot water cylinder.
Lounge
Double glazed window to the rear elevation, wall mounted electric storage heater, television point and opening to;
Kitchen Area
Range of base and eye level units with working surfaces, inset sink unit with tiled splashbacks, electric oven, electric hob, cooker hood facility over, space and plumbing for appliance, double glazed window to the rear elevation. Skirting radiator.
Bedroom
Upvc double glazed window to the rear elevation and wall mounted electric heater.
Bathroom/wc
Fitted with a three piece suite comprising; Bath with electric shower unit over, wash hand basin, low flush wc, partial ceramic wall tiling, extractor fan unit, electric heater and shaver point facility.
Outside
Communal gardens and communal parking area with electric gated entrance. Location Marmion Road is situated in Thorneywood approximately 1.5 miles to the east of Nottingham city centre.
Leasehold information :
Length of Lease remaining: 105 years
Service charge : Approx £1560 per annum
Ground Rent : £399 per annum
This property is only suitable to cash investors
Viewing arrangements : As there is a tenant in situ, viewings are down to the tenants discretion.
Investment :
Investment Information : Tenant in situ paying £575pcm.
The property attracts working professionals and student, it proves to be popular due to the location.
The property is under full management by Platinum Estates and this would be carried forward into the sale with the buyer. There is an agreement of 12% for the managed service and this would remain.
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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Parry Court - 9% Yield - Cash Only
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Lace Market Tram Stop1.2 miles
- Old Market Square Tram Stop1.4 miles
- Royal Centre Tram Stop1.4 miles
About the agent
Platinum Estates, Derby
York House, 3 George Street, Derby, DE1 1EH
Platinum Estates are an award-winning luxury property management firm covering sales & lettings as well as providing investment advisory services.
Having been in business for almost two decades, we hold a strong reputation as an established and trusted independent agency, managing a varied portfolio of properties from luxury apartments to country houses covering Derby and Nottingham.
We seek to occupy our properties with professionals and hold exclusive direct contracts with some
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference Parrycourtsale. 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 Platinum Estates, Derby. 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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