Portland Square

Pure Investor brings to the market this two-bedroom, third-floor apartment for sale in Nottingham.  Situated a short walk away from the city centre, residents enjoy easy access to local amenities, reputable schools, and parks. This would be an ideal property for a any investor looking to add to their portfolio.

This apartment boasts a generously sized living space, The open-concept design enhances the sense of space and promotes a warm, inviting atmosphere.

Located on the third floor this apartment offers two double bedrooms, a family bathroom with a shower and a large open-plan living space.

The property has allocated parking with secure gated access and also benefits from intercom and fob access giving you a secure living experience.

INVESTMENT INFORMATION

• Asking price: £130,000.00.
• Property type: 2-bedroom apartment (3^rd floor).
• Current rental income: £1,000pcm (£12,000.00 per annum).
• Service charge: £2,199.53 per annum.
• Ground rent: £0.
• Potential rental income: £1,100pcm  – £1,200pcm – https://www.rightmove.co.uk/best-price-guide-report/90e317d8-02d5-47b5-9cb8-7384998934dd
• Tenure: Leasehold (999 years from construction).
• Tenants moved in on 11/10/2024 and are due to expire on 10/10/2025, they have however expressed a desire to continue if possible.
• Letting agent in place.
• The building managing agent (Metropolitan) has indicated that remedial work may be required but this will not be at the leaseholder’s expense.