Woodborough Road, Nottingham NG3 1 bed apartment for sale

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Woodborough Road, Nottingham NG3 1 bed apartment for sale

Woodborough Road, Nottingham NG3
£55,000

Our Summary

  • Is available for sale under Auction terms and conditions
  • Subject to a auction guide price of £45,000 plus
  • PLEASE NOTE: A MEMBER OF THE PALACE AUCTION'S TEAM has not internally viewed THE PROPERTY at the time of preparing these particulars

Description

This outstanding second-floor one-bedroom apartment is situated in a well-established block on Woodborough Road, Nottingham, and offers an ideal investment opportunity. The apartment features a hall, lounge, kitchen, one bedroom, and bathroom, and is currently producing rental income of £850 per month or £9,000 per annum through an AST agreement. The property is leasehold with a 999-year lease from 2005 and has a current service charge of £1,848 and ground rent of £150. Located in a prime area with easy access to Nottingham City Centre, shops, amenities, and transport links, the property is also close to green spaces and community facilities. The apartment is available for sale under auction terms and conditions, subject to a guide price of £45,000 plus, and is income-producing, requiring a minimum of 48 hours' notice for viewing.