Vivian Avenue, Carrington, NG5
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Ground floor flat
- Parking avaialble
- Kitchen/Diner
- Two bedrooms
Description
Vivian Avenue, Carrington, Nottingham, NG5 1AR
£90,000 | Leasehold |
Investment Highlights:
- Previous rent: £800 PCM (£9,600 per annum)
- Approx. 7.4% gross yield at asking price
- 117 years remaining on lease
Key Features:
- Ground floor flat
- Two bedrooms
- Open plan living/kitchen/diner
- Bathroom with shower cubicle
- Allocated/off-street parking
- Popular rental location
- EPC Rating: D
- Council Tax Band: A
Tenure Details:
- Leasehold
- Service charge: £650 twice yearly
- Ground rent: £242.50 per annum
An excellent opportunity to acquire a well-presented two-bedroom ground floor flat, ideally located in the popular area of Carrington, just a short distance from Nottingham city centre. Offered with tenants in situ, this property provides an immediate income stream and is perfectly suited to buy-to-let investors.
The accommodation comprises a bright and practical open plan lounge, kitchen and dining area, two bedrooms (one double and one single), and a bathroom with shower cubicle. The ground floor position offers ease of access, while the property also benefits from allocated/off-street parking.
The flat is well-proportioned throughout and appeals strongly to professional tenants, with its convenient location and functional layout.
Situated in a well-connected location, the property benefits from easy access to local amenities, shops and regular transport links into Nottingham city centre. The nearby areas of Sherwood and Mapperley further enhance its appeal to tenants.
Please note: The property is currently tenanted and updated marketing photos are not yet available. Viewing is strongly recommended to fully appreciate the space and investment potential.
A ready-made investment in a consistently popular rental area—early enquiry is advised.
Comments:
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional
Service charge description: 117 years - £200 including ground rent ,- 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: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- 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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Energy performance certificate - ask agent
Vivian Avenue, Carrington, NG5
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Visit our security centre to find out moreDisclaimer - Property reference P2052. 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 Northwood, 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Northwood, Nottingham on 0115 647 6078.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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