1 Bed Flat For Sale Huntingdon Street, Nottingham, NG1

£95,000- Flat

1 of 8
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Last Updated: 11th May 2024

Description

Welcome to Marco Island!

 

A fourth-floor apartment, which is presented in good condition and briefly comprises of an open plan living/kitchen area, a double bedroom, and three piece bathroom suite.

The building benefits from lift access, 24 hour concierge and is offered to the market with no upward chain. Its an excellent buy-to-let investment, currently achieving £750pcm producing an 9.4% gross yield.

The market rent is between £750pcm-£825pcm. There is a potential for an 11% gross yield!

 

Room descriptions:

Hallway - Storage cupboard.

Kitchen/Living/Dining Room - Fitted with a matching range of base and eye level units with worktop space over, 1+1/2 bowl stainless steel sink with mixer tap, integrated fridge, dishwasher and washing machine, fitted electric oven, four rings ceramic hob with an extractor hood over, two double glazed windows, wall mounted electric heater.

Bedroom - Window to rear, wall-mounted electric heater, open plan.

Bathroom - Fitted with a three-piece suite comprising bath with shower over, wash hand basin and WC, tiled splashbacks, and heated towel rail.

General - Situated on the fourth floor the apartment benefits from lift access, an entryphone system and a 24-hour concierge.

 

Lease Information - Lease: 131 years remaining
Ground rent: £320pa
Service Charge: £1400pa

Council Tax Band - Council Tax Band B

Agent Details
eXp UK
1 Northumberland Avenue, Trafalgar Square, London, WC2N 5BW

Investment Analysis

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Calculators

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested