Princeton House, Wilford Lane, West Bridgford, Nottinghamshire, NG2 7RE

CASH BUYERS ONLY...

This two-bedroom fourth-floor flat, offered to the market without an upward chain, presents a lucrative opportunity for both seasoned and novice investors alike, boasting an impressive gross rental yield of approximately 12%. Its enviable location alongside the River Trent ensures easy access to a plethora of local amenities, including shops, eateries and excellent transport links. Upon entering through the hallway, you will discover two comfortable bedrooms, a cozy living room, a newly fitted kitchen and a three-piece bathroom suite. Residents benefit from the convenience of off-street communal parking. This property combines a prime location with strong rental returns, making it an exceptional investment choice.

MUST BE VIEWED

Accommodation -

Entrance Hall - The entrance hall has wood laminate flooring, a built-in cupboard, a wall-mounted electric heater and recessed spotlights.

Living Room - 3.09m x 5.07m (10'1" x 16'7") - The living room has a UPVC double-glazed window, wood laminate flooring, an electric heater, a feature fireplace with a decorative surround and access out to the balcony.

Kitchen - 1.67m x 3.55m (5'5" x 11'7") - The kitchen has a range of fitted base and wall units with worktops, an induction hob with an extractor fan, an integrated oven, a stainless steel sink with a drainer and a swan neck mixer tap, space and plumbing for a washing machine, space for a fridge-freezer, partially tiled walls, tile-effect flooring, a towel rail and a UPVC double-glazed window.

Balcony - 1.10m x 3.55m (3'7" x 11'7") -

Bathroom - 3.39m x 1.51m (11'1" x 4'11") - The bathroom has a low level flush W/C, a pedestal wash basin with a swan neck mixer tap, a fitted panelled bath with an electric shower, a grab handle, tiled flooring, partially tiled walls, an extractor fan, a heated towel rail and a UPVC double-glazed obscure window.

Master Bedroom - 4.68m x 2.72m (15'4" x 8'11") - The main bedroom has a UPVC double-glazed window, wood laminate flooring, an electric heater and access out to the balcony.

Bedroom Two - 3.90m x 2.71m (12'9" x 8'10") - The second bedroom has a UPVC double-glazed window, wood laminate flooring, an electric heater and a built-in cupboard.

Outside - Outside of the property there is on site parking.

Additional Information - Electricity – Mains Supply
Water – Mains Supply
Heating – Electric Heating – Connected to Mains Supply - With the option to install a gas boiler
Septic Tank – No
Broadband – Openreach, Virgin Media
Broadband Speed - Superfast 1000 Mbps (Highest available download speed) 100 Mbps (Highest available upload speed)
Phone Signal – 3G, 4G & 5G available
Sewage – Mains Supply
Flood Risk – No flooding in the past 5 years
Low risk of flooding
Flood Defenses – No
Non-Standard Construction – No
Any Legal Restrictions – No
Other Material Issues – No

Disclaimer - Council Tax Band Rating - Rushcliffe Borough Council - Band A
This information was obtained through the directgov website. HoldenCopley offer no guarantee as to the accuracy of this information, we advise you to make further checks to confirm you are satisfied before entering into any agreement to purchase.

The vendor has advised the following:
Service Charge in the year marketing commenced (£PA): £1,904.36
Reserve Fund in the year marketing commenced (£PA): £4,524.80 - in relation to major windows upgrade to the premises
Ground Rent in the year marketing commenced (£PA): £15
Property Tenure is Leasehold. Term: 99 years from 24 June 1975 - Term remaining 50 years.

The information regarding service charges and ground rent has been obtained from the vendor. HoldenCopley have checked the most recent statement for ground rent and service charge and have obtained the lease length via the Land registry.
HoldenCopley offer no guarantee as to the accuracy of this information, we advise you to make further checks to confirm you are satisfied before entering into any agreement to purchase. The information will be confirmed by your solicitor via the management pack and Landlord pack where applicable. We strongly recommended that you contact your solicitor before entering into negotiations to confirm the accuracy of information.

Agents Disclaimer: HoldenCopley, their clients and employees 1: Are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and HoldenCopley have not tested any services, equipment or facilities. Purchasers must make further investigations and inspections before entering into any agreement.

Purchaser information -The Money Laundering, Terrorist Financing and Transfer of Funds(Information on the Payer) Regulations 2017(MLR 2017) came into force on 26 June 2017. HoldenCopley require any successful purchasers proceeding with a property to provide two forms of identification i.e. passport or photocard driving license and a recent utility bill or bank statement. We are also required to obtain proof of funds and provide evidence of where the funds originated from. This evidence will be required prior to HoldenCopley removing a property from the market and instructing solicitors for your purchase.

Third Party Referral Arrangements - HoldenCopley have established professional relationships with third-party suppliers for the provision of services to Clients. As remuneration for this professional relationship, the agent receives referral commission from the third-party companies. Details are available upon request.