2 bedroom flat for sale

Flat 3, 24 Kilbourn Street,Nottingham,NG3

Under Offer £125,000

Property Description

Key features

  • Central Heating
  • Kitchen
  • Lounge
  • En Suite Bathrooms

Full description

Tenure: Leasehold

Location

The development is situated close to the junction of Kilbourn Street and Huntingdon Street approximately a mile to the north of Nottingham city centre in close proximity to the Nottingham Trent University.

The property is situated in a well-established student area and is also within mile of the principal Nottingham Trent University campus.

Description

The property forms part of the overall redevelopment of Kilbourn Street, which when completed will provide a total of 100 student beds.

The property is a conversion of an existing office building which once complete will provide a total of 4 apartments with two offering 3 bedrooms and two offering 2 bedrooms. Plans of the proposals are below

The unit will be fitted, to an extremely high standard with each bedroom having an en-suite shower, with the kitchen and dining area to include an oven/hob, dishwasher, Fridge, Freezer and washing machine.

A full specification is available from the agents along with full drawings.

Rental

The property has been let for the 2016/17 academic year at a rental of 115 per wee k on a 50 week on an exclusive of bills basis. Providing for a gross rental of 11,500 per annum .

Price

Offers in the region of 125,000 are sought for the long leasehold interest.

A purchase at this level would reflect a gross yield of 8.95% after allowing for purchasers costs of 2.8%,

Timing

The current plans is for the apartments being completed for the end of July 2015.

More information from this agent

Listing History

Added on Rightmove:
10 June 2015

Nearest stations

  • Nottingham Trent University (0.4 mi)
  • High School (0.5 mi)
  • Royal Centre (0.5 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Oak Property Consultants, Nottingham

34 Shakespeare Street, Nottingham, NG1 4FQ

0115 798 0076 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map

Nearest stations

  • Nottingham Trent University (0.4 mi)
  • High School (0.5 mi)
  • Royal Centre (0.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Oak Property Consultants, Nottingham

34 Shakespeare Street, Nottingham, NG1 4FQ

0115 798 0076 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference MCKIlbourn_1. 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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