Marco Island, Huntingdon Street... 1 bed apartment for sale

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Marco Island, Huntingdon Street... 1 bed apartment for sale

Marco Island, Huntingdon Street, Nottingham, Nottinghamshire, NG1 1AR
£95,000

Our Summary

  • Excellent investment opportunity
  • Investment opportunity

Description

This is an excellent investment opportunity, a furnished one-bedroom studio-style apartment on the fifth floor of the sought-after Marco Island development in Nottingham City Centre. The property boasts 24-hour concierge service and is currently tenanted until August 2026 on a 12-month AST with a rent of £805pcm, generating an estimated gross yield of 10.2%. The property has been successfully managed by Cavendish Residential since 2008 with minimal void periods. With a leasehold tenure and 150-year lease remaining, the property offers a stable and lucrative investment opportunity. The apartment features an open-plan lounge and kitchen, overhead spotlights, and a separate bedroom with a partition wall, as well as a main bathroom with a bath and shower over. With its prime location and attractive rental yield, this property is sure to attract a high level of interest from investors.