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SOLD STC

The Establishment, 3 Broadway, Nottingham, Nottinghamshire, NG1 1PR

PROPERTY TYPE

Apartment

BEDROOMS

2

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.

Key features

  • Investment opportunity, located in the heart of the Lace Market
  • Duplex Penthouse Apartment
  • Two double bedrooms
  • Two bathrooms, one en-suite
  • Original features and exposed brickwork
  • Kitchen with integrated appliances
  • Private balcony
  • Tenanted until October 2024
  • Achieving £1195pcm
  • Gross yield of 8.2%

Description

A fantastic investment opportunity in the heart of the Lace Market. Duplex Penthouse apartment with balcony.

This Penthouse benefits from fantastic high ceilings and original features such as sash windows, exposed brickwork and a Juliet balcony along with an additional balcony off the kitchen. The property boasts spotlights throughout the open plan living area and kitchen which also includes integrated appliances.

To the lower floor of the Duplex, there are two double bedrooms. One with an en-suite shower room and study/dressing area with Juliet balcony, the second is a good sized double with built in wardrobe. There is also an additional bathroom with white suite and shower over bath.

As the apartment faces the internal courtyard, it is sheltered from the hustle and bustle of the lively city centre, making this a particularly quiet apartment.

Situated within The Lace Market, one of Nottingham's most desirable residential areas, this location offers a wide range of services and amenities as well as a selection of bars, restaurants and historic Nottingham culture. Nottingham Train Station is within walking distance along with the Lace Market Tram stop. There is also ease of access to the regions commercial and retail centres.

Tenanted until October 2024 with a current monthly rent of £1195pcm, offering a gross yield of 8.2%

Viewing of this property is essential.

Council: Nottingham City Council

EPC rating: C

Council Tax Band: C

Tenure: Leasehold

Lease length: 999 years since 1st July 2003

Service charge currently: £1,820 per annum

Ground rent: £250 per annum.

Please note all figures above have been provided by the seller. We would encourage you to have these verified by your legal adviser.


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.

For details of the leasehold, including the length of lease, annual service charge and ground rent, please contact the 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.

Band: C

The Establishment, 3 Broadway, Nottingham, Nottinghamshire, NG1 1PR

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lace Market Tram Stop0.1 miles
  • Old Market Square Tram Stop0.3 miles
  • Station St Tram Stop0.3 miles
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About the agent

Cavendish Residential, Nottingham

One Fletcher Gate Adams Walk, Nottingham, NG1 1QS

Cavendish Residential, Nottingham

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 i

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Disclaimer - Property reference CVN_NTT_LFSYCL_685_872296332. 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.

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