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UNDER OFFER

Shakespeare Street, Nottingham, Nottinghamshire, NG1

Offers in Region of
£149,950
Added on 27/10/2020
Oak Property Consultants, Nottingham
PROPERTY TYPE
Flat
BEDROOMS
x2
BATHROOMS
x1

Property description

Tenure: Leasehold

Location

The property is located in Shakespeare Street in Nottingham city centre immediately adjacent to the main Nottingham Trent University campus.
The development was completed approximately 15 years ago and in total offers 30 self contained apartments.

Description

The property comprises a two bedroom apartment located on the second floor of the development. The accommodation comprises an open plan living area along with 2 bedrooms and a bathroom. The property also benefits from a car parking space .

Rental

The property has been let for the 2020/21 academic year at a rental of £125 per person per week on an exclusive of bills basis on a 50 week contract. The property is therefore generating a gross rental of £12,500 for the current academic year.

Tenure

The property is held via a long lease for a term of 125 years from October 2005. There is an annual ground rent payable of £200

In addition there is a service charge payable for the upkeep of the communal areas and the main structure which currently amounts to £1,178.92 per annum.

Price

Offers in the region of £149,950 are sought for the long leasehold interest.

Fixtures and Fittings

All the landlords fixures and fittings are to be included in the sale.

Viewings

By appointment with the sole agents.

Brochures

Brochure 1

Shakespeare Street, Nottingham, Nottinghamshire, NG1

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Nottingham Trent University Tram Stop0.2 miles
  • Royal Centre Tram Stop0.2 miles
  • Old Market Square Tram Stop0.3 miles
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Market information
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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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