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Parry Court - Cash Only, Investment

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • TENANT IN SITU PAYING £725pcm
  • 8% GROSS YIELD
  • SUITABLE FOR INVESTORS ONLY
  • CASH PURCHASE ONLY
  • EPC Rating B
  • Video Tour
  • Service charge £2300 per annum
  • Ground Rent £399 per annum

Description

*** INVESTORS ONLY***

We are delighted to present this stylish two bedroom second floor apartment with contemporary style decor. The accommodation briefly comprises communal entrance with stairs and lift, entrance hall, open plan living room/kitchen, one double bedrooms and a bathroom/wc. Externally there is a communal garden and allocated parking. EPC Rating Grade B

Communal Entrance
Communal entrance door with intercom entry phone system leading to a communal hallway with lift and staircase providing access to all floors.

Hall (apartment)
Entrance door, wall mounted entry phone handset, storage cupboard and airing cupboard housing a hot water cylinder.

Lounge
Double glazed window to the rear elevation, wall mounted electric storage heater, television point and opening to;

Kitchen Area
Range of base and eye level units with working surfaces, inset sink unit with tiled splashbacks, electric oven, electric hob, cooker hood facility over, space and plumbing for appliance, double glazed window to the rear elevation. Skirting radiator.

2 Bedrooms
Upvc double glazed window to the rear elevation and wall mounted electric heater.

Bathroom
Fitted with a three piece suite comprising; Bath with electric shower unit over, wash hand basin, low flush wc, partial ceramic wall tiling, extractor fan unit, electric heater and shaver point facility.

Outside
Communal gardens and communal parking area with electric gated entrance. Location Marmion Road is situated in Thorneywood approximately 1.5 miles to the east of Nottingham city centre.

Leasehold information :
Length of Lease remaining: 105 years
Service charge : Approx £2300 per annum
Ground Rent : £399 per annum

Viewing arrangements : As there is a tenant in situ, viewings are down to the tenants discretion. Please refer to the video tour of the property on this listing to see the property condition and contact our office for any further queries

Investment :
Investment Information : Tenant in situ paying £725pcm.
The property attracts working professionals and proves to be popular due to the location.
The property is under full management by Platinum Estates and this would be carried forward into the sale with the buyer. There is an agreement of 12% for the managed service and this would remain.

Any interested parties must submit proof of funds before an offer can be put forward to the vendor.

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

For details of the leasehold, including the length of lease, annual service charge and ground rent, please contact the agent

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

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Parry Court - Cash Only, Investment

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lace Market Tram Stop1.2 miles
  • Old Market Square Tram Stop1.4 miles
  • Royal Centre Tram Stop1.4 miles
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About the agent

Platinum Estates, Derby

York House, 3 George Street, Derby, DE1 1EH

Platinum Estates, Derby

Platinum Estates are an award-winning luxury property management firm covering sales & lettings as well as providing investment advisory services.

Having been in business for almost two decades, we hold a strong reputation as an established and trusted independent agency, managing a varied portfolio of properties from luxury apartments to country houses covering Derby and Nottingham.

We seek to occupy our properties with professionals and hold exclusive direct contracts with some

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Disclaimer - Property reference Parry105. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Platinum Estates, Derby. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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