This property has been taken off the market.

1 Bed Flat For Sale Egerton Road, Nottingham, NG5

£130,000- Flat

1 of 7
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 8th April 2024

Description

Introducing a modern first-floor apartment which is offered to the market with no upward chain. This property presents an attractive investment opportunity with a tenant currently in place, providing an annual gross yield of 6.2%, calculated based on the asking price.

Alternatively, this property would be perfect for those seeking a convenient location, with the apartment ideally located for access to Sherwood, Mapperley and Arnold's array of amenities. Frequent bus services to the City Centre are available right on the doorstep, ensuring a smooth commute, whilst Nottingham City Hospital also can be found just a short walk away.

Upon entering the compound, residents are greeted by a communal entrance equipped with an intercom system, enhancing security and peace of mind. The private entrance hall within the apartment leads to a thoughtfully designed open plan living space which integrates a modern fitted kitchen and a lounge/dining area.

A comfortable double bedroom is complemented by the bathroom which is equipped with a three-piece white suite. Comfort is further ensured by gas central heating throughout.

Externally, the apartment benefits from an allocated car parking space, set within the communal grounds.

First Floor -

Entrance Hall - 1.73m x 1.22m (5'8 x 4'0) -

Open Plan Living - 5.16m max x 3.66m max (16'11 max x 12'0 max) -

Bedroom - 3.66m x 2.62m (12'0 x 8'7) -

Bathroom - 2.16m x 1.75m (7'1 x 5'9) -

Council Tax Band Rating - Gedling Borough Council - Band B
This information was obtained through the directgov website. ­­David James offer no guarantee as to the accuracy of this information.

Leasehold Information - Length of Lease remaining: 109 years
Ground Rent £200 approx per annum
Service Charge £2100 approx per annum

Disclaimers - These particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a contract. No person in the employment of David James Estate Agents Ltd has any authority to make any representation whatsoever in relation to the property. All services, together with electrical fittings or fitted appliances have NOT been tested.

All the measurements given in the details are approximate. Floor plans are for illustrative purposes only and are not drawn to scale. The position and size of doors, windows, appliances and other features are approximate only. The photographs of this property have been taken with a Giraffe360 camera. No responsibility can be accepted for any loss or expense incurred in viewing. If you have a property to sell you may wish to take advantage of our free valuation service.

David James Estate Agents have established professional relationships with third-party suppliers for the provision of services to Clients. As remuneration for this professional relationship, the agent receives referral commission from the third-party company. David James Estate Agents receives the following commission from each third party supplier on a per referral basis:

W A Barnes Ltd: £60 including VAT.
All Moves UK Ltd: 18% including VAT of the invoice total (£107 including VAT average).
MoveWithUs Limited: £188 including VAT (average).
Agent Details
David James Estate Agents
45b, Plains Road, Nottingham, NG3 5JU
Show Contact Number
0115 962 4213

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 1 bedroom property. See more properties like this.

£150,000
Nottingham, NG5
Flat
7.4
£150,000
Nottingham, NG5
Semi Detached
6.6
£170,000
Nottingham, NG5
Terraced
6.5
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

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.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested