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Marco Island, Huntingdon Street, Nottingham, Nottinghamshire, NG1 1AR

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

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

  • Investment opportunity
  • One bedroom studio-style apartment
  • Tenanted from August 2024 on a 12 month Tenancy
  • Current rent £800pcm giving an estimated gross yield of 10.1%
  • Furnished
  • Extremely popular development
  • Secure entry system and concierge service
  • EPC rating C
  • Council Tax band B

Description

Excellent investment opportunity

Good size one double bedroom studio-style, fifth floor, furnished apartment in the sought after development of Marco Island. 24hr concierge service in the heart of Nottingham City Centre.

Property comprises of open plan lounge and kitchen (with appliances) and overhead spotlights. Bedroom is separated by partition wall. Main bathroom has a bath with shower over.

Currently Tenanted from August 2024 on a 12 month AST with a rent of £800pcm. Estimated gross yield of 10.1%.

The property has been successfully let and managed by Cavendish Residential since September 2008 with negligible void periods (for check out, cleaning and inventories for incoming Tenants).

Viewing highly recommended.

Council: Nottingham City Council

Council Tax Band: B

EPC Rating: B

Tenure: Leasehold

Lease length: 150 years from April 1st 2004

Service charge currently: £1767.78 per year

Ground rent: £322.80 per year

Please note all above figures have been provided by the seller- we would strongly advise these points are checked via a conveyancing solicitor.
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: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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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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Marco Island, Huntingdon Street, Nottingham, Nottinghamshire, NG1 1AR

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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.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£453
We think you can borrow up to
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Disclaimer - Property reference CVN_NTT_LFSYCL_685_872368907. 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.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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