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One Fletcher Gate, Adams Walk, Nottingham, Nottinghamshire, NG1 1QR

PROPERTY TYPE

Penthouse

BEDROOMS

3

BATHROOMS

2

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.
Floorplan 1
1

Key features

  • City Centre apartment
  • Duplex penthouse
  • Two double, one single bedrooms
  • Large open plan living
  • Balcony
  • Heart of NG1
  • Close to Lace Market tram stop
  • Tenanted until June 2025, rent of £1500 p/m
  • Gross yield of 6.5%

Description

Stunning two/three bedroom, air conditioned, unfurnished penthouse apartment with private terrace split on two floors located in the heart of The Lace Market with panoramic views high over Nottingham City including underground gated parking for one car. Investors please note: this property is not suitable for three sharers due to licensing, however two sharers or a family would be ideal.

This exclusive apartment offers two large bedrooms (both with en-suite) on lower level. Wooden staircase leads up to top floor opening to fantastic size lounge with 20ft ceiling, spotlights, floor to ceiling windows and access to terrace overlooking the city. The kitchen is open plan with integrated appliances and full set of kitchenware. The top floor also comprises of the third bedroom which would be ideally suited as an office space; and guest cloakroom and WC.

One Fletcher Gate is located close to the tram stop and only 10 minute walk from Nottingham Train station.

Ready made investment - currently tenanted at £1500 per month until June 2025 generating a 6.5% yield. Tenancy fixed term ends in June 2025.

Internal viewing highly recommended.

Council: Nottingham City Council

Council Tax band: D

EPC rating: E

Tenure: Leasehold
Service Charge: £2822..44 per annum
Lease Length: 105 Years remaining
Ground rent: £250 per annum

Please note all figures above have been provided by the vendor. We would encourage you to have these verified by your legal adviser.
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.
Band: E
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Gated
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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One Fletcher Gate, Adams Walk, Nottingham, Nottinghamshire, NG1 1QR

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About Cavendish Residential, Nottingham

One Fletcher Gate Adams Walk, Nottingham, NG1 1QS

Cavendish Residential is an independent, innovative and vibrant company specialising in lettings and management of quality residential properties in Nottingham, providing a professional service on a friendly level whilst being fully committed to delivering results.

With comprehensive lettings experience, state of the art software packages and an in depth knowledge of the Nottingham market, we pride ourselves on offering a pro-active, unique and personalised approach.

Our service is individually tailored to our landlords whose needs and expectations are of paramount importance to us, at the same time still being able to provide tenants with an honest and reliable service.

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Disclaimer - Property reference CVN_NTT_LFSYCL_685_872260159. 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 Cavendish Residential, 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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