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2 bedroom block of apartments for sale

Cranmer Street, Nottingham

£424,900

Property Description

Key features

  • 7.3% Gross Yield
  • 31,140 Annual Income
  • Currently Tenanted
  • Fantastic Views
  • Off Street Parking
  • No Chain

Full description

**ATTENTION ALL INVESTORS - PROVEN TRACK RECORD OF 7.3% GROSS YIELD**
A rare opportunity has risen to purchase, not one, but FOUR modern two bedroom apartments situated within the newly refurbished development of City View, off Cranmer Street. These spacious and light apartments offer spectacular views over Nottingham and beyond.
These apartments are currently let under the terms of Assured Shorthold Tenancy and are achieving a gross annual income of £31,140.
Each apartment comes with one off street parking space within the gated development.
The development is located on Cranmer Street, which links Mapperley Road and Woodborough Road, bordering the affluent residential area of Mapperley Park. Located within easy walking distance of Nottingham City Centre you are close to fashionable bars, restaurants, supermarkets and shops. Call Centrick Property to organise your viewing.
More apartment options and many more properties available.

42 City View - The apartment is 60 meters squared, offering two double bedrooms with a current rent of £675pcm

88 City View - The apartment is 60 meters squared, offering two double bedrooms with a current rent of £675pcm

68 City View - The apartment is 74 meter squared, offering one large double bedroom with a current rent of £595pcm

86 City View - The apartment is 60 meters squared, offering two double bedrooms with a current rent of £650pcm

Lease Information - One hundred and twenty five (125) years from and including the 1st day of January 2006
Service Charges: £1117.27 Per Annum
Ground Rent: £175 per annum

Disclosure - All photographs are for illustration purposes only, and may vary in size and layout to that of the apartments available. The photographs publicised in this instance are of the show home to the development.

DISCLAIMER
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract and are produced in good faith and set out as a general guide only. The intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No employee of Centrick Property (and their Joint Agents where applicable) has the authority to make or give any representation or warranty in respect of the property. Subjective comments in these details imply the opinion of the selling Agent at the time these details were prepared. Naturally, the opinions of purchasers may differ.

For rental properties like most other agents, Centrick Property has to charge some administration fees these include: charge for referencing and additional tenants in order to process your application once you have chosen your ideal property. Inventory fee is charged separately. We try and keep these costs as low as possible and have a price match promise with other agents fees in most areas. Your property advisor will run through any applicable fees in detail with you at your viewing.


More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
10 December 2015

Map & Street View

Disclaimer - Property reference 25972300. 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 Centrick Property, Nottingham - Sales. 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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