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The Living Quarter, 2 St. Marys Gate, Nottingham, Nottinghamshire, NG1 1PF

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

2

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

  • Investment opportunity
  • Unfurnished two bedroom apartment
  • Two bathrooms, one en-suite
  • Open plan living space with floor to ceiling windows
  • Popular city centre development overlooking Lace Market Square
  • Underground parking for one car
  • Tenanted at £895pcm
  • Gross yield of 6.3%
  • EPC rating B
  • Council Tax band D

Description

Well presented two bedroom unfurnished apartment located right in the heart of Nottingham's Lace Market, making an ideal investment opportunity.

The property boasts spacious open plan living area with views overlooking the new Lace Market Square. The fully fitted kitchen has built in appliances, such as, dish washer, washing machine and large fridge freezer.

The master bedroom has an en-suite shower room and there is also a main family bathroom with shower over bath.

The property comes with one underground secure parking space, viewing on this property is essential.

Currently Tenanted until January 2025 with a rent of £895pcm giving a gross yield of 6.3%.

Council: Nottingham City Council

EPC rating: B

Council Tax Band: D

Tenure: Leasehold

Lease length: 125 years from January 1st 2006

Service charge currently: Quarterly service charge approximately £606.32

Ground rent: Paid in two installments of £189.98 in March and the same amount in September

Insurance: Building Insurance £359.19 29th May 2023 to 2024 (No new demand received yet)

Please note all figures above have been provided by the seller. We would encourage you to have these verified by your legal adviser.
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.
Band: D
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Gated
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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The Living Quarter, 2 St. Marys Gate, Nottingham, Nottinghamshire, NG1 1PF

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lace Market Tram Stop0.1 miles
  • Old Market Square Tram Stop0.2 miles
  • Royal Centre Tram Stop0.4 miles
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About the agent

Cavendish Residential, Nottingham

One Fletcher Gate Adams Walk, Nottingham, NG1 1QS

Cavendish Residential, Nottingham

Cavendish Residential is an independent, innovative and vibrant company specialising in lettings and management of quality residential properties in Nottingham, providing a professional service on a friendly level whilst being fully committed to delivering results.

With comprehensive lettings experience, state of the art software packages and an in depth knowledge of the Nottingham market, we pride ourselves on offering a pro-active, unique and personalised approach.

Our service i

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Disclaimer - Property reference CVN_NTT_LFSYCL_685_872318774. 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 Cavendish Residential, Nottingham. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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