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Royal Victoria Court, Gamble Street, Nottingham, Nottinghamshire, NG7

Offers in Region of
£125,000
Added on 22/01/2021
Oak Property Consultants, Nottingham
PROPERTY TYPE
Flat
BEDROOMS
x2
BATHROOMS
x1

Property description

Tenure: Leasehold, 85 years remaining

Location

The property is situated within an established student area of Nottingham and approximately ½ a mile from the main Nottingham Trent University campus. In addition Nottingham City Centre is a short distance away.

Surrounding uses are a mixture of private residential with the majority having been let to students. In addition Homes for Students have a purpose built student block at the end of Russell Street.

Description

The property comprises a 2 bedroom flat which is situated on the third floor of a purpose built block.

Accommodation

In summary the property comprises a lounge/kitchen with dinning area, 2 bedrooms with a bathroom. Floor plans are overleaf.

Tenure

The property is held via a long leasehold interest for a term of 99 years from 15/11/2006 with a ground rent of £250 per annum.

We have held initial discussions with the freeholder who have confirmed that they are prepared to the extend the lease back to 125 years subject to a one of fee of £10,000.

Rent

The property has been let for the 2020/21 academic year at a rental of £115 per person per week on a 48 week contract producing £11,040 for the academic yea on an inclusive of bills basis.

Service Charge

A service charge of £685 per annum is due for the upkeep of the external and communal areas.

Fixtures and Fittings

All landlords fixtures and fittings are included in the sale with a list of these available upon request..

Price

Offers in the region of £125,000 are sought for the benefit of the long leasehold interest subject to the tenancies detailed above.

Brochures

Brochure 1

Energy Performance Certificates

EPC 1

Royal Victoria Court, Gamble Street, Nottingham, Nottinghamshire, NG7

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • High School Tram Stop0.3 miles
  • The Forest Tram Stop0.4 miles
  • Nottingham Trent University Tram Stop0.5 miles
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About the agent

Oak Property Consultants, Nottingham

34 Shakespeare Street, Nottingham, NG1 4FQ

Oak Property Consultants, Nottingham
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Disclaimer - Property reference MC25RVC. 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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