1 bed flat

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1 bed flat

The New Alexandra Court, Wood Borough, Nottingham NG3
£162,000

Our Summary

  • These three 1-bedroom flats, located in the same modern building and featuring a similar floor plan, offer a fantastic investment opportunity in a peaceful residential area of Nottingham

Description

This investment opportunity presents three 1-bedroom flats in the same modern building, located in a peaceful residential area of Nottingham. Each flat features a similar floor plan and is well-designed for singles, couples, students, or as buy-to-let assets. The flats are situated close to Nottingham Trent University, Nottinghamshire Hospital, and Alexandra Park, making them ideal for those who want a convenient lifestyle. With a leasehold of 115 years remaining, each flat has a selling price of £162,000. Historically, the rent for these flats was £500 per month, but with a 25% increase, the adjusted rent is now approximately £625 per month, offering a solid rental appeal.