Auction Property 2 Bed Flat 

Cavendish Court, Nottingham

Photos

Arrange viewing Make pre-auction Offer

Features

  • Auction Date: 6th & 7th October 2021
  • Two-bedroom ground floor flat
  • Readymade investment
  • Current income of £9,824 pa
  • Current gross yield of 15.10%
  • Single lock up garage included
  • Access to the property via the front and rear
  • Approx. 50.9 Sq. M / 548 Sq. Ft.
  • Close to the city centre
  • Long leasehold

Quick Details

2 Bedrooms1 Reception1 Bathroom

Address

2 Cavendish CourtNottinghamNottinghamshireNG3 5RA
Details
EPC
Map
Viewing | Pre-auction Offer

Property Details

•Online Auction: 6th & 7th October 2021
•Guide Price: £65,000+
•Two-bedroom ground floor flat
•Approx. 50.9 Sq. M / 547.93 Sq. Ft.
•Long leasehold

•Online Auction: 6th & 7th October
•Guide Price: £65,000+
•Two-bedroom ground floor flat
•Approx. 50.9 Sq. M / 547.93 Sq. Ft.
•Long leasehold

The property is located on Cavendish Court, within the popular area of Mapperley. The property is conveniently situated adjacent to an Aldi supermarket and close to a range of shopping facilities and amenities. The city centre is approximately 3 miles from the property, easily accessed down Woodborough Road.

The property comprises a two-bedroom ground floor flat. The accommodation includes a living room, separate kitchen with fitted base and eye level units, stainless steel sink and space for appliances.

The accommodation also includes two double bedrooms and a family bathroom. The bathroom comprises a three-piece suite with electric shower over bath.

The property also includes a single lock up garage located to the rear of the property.

Accommodation

Accommodation
Total = 50.9 Sq. M / 548 Sq. Ft.

Investment Analysis

The property is currently achieving an income of £9,824 per annum. This reflects a current gross yield of 15.10%, based on the guide price.

Services

We understand the property has mains gas, electricity, water, and drainage. However, interested parties should carry out their own investigations.

Tenure

Leasehold - 999 years unexpired.

Council Tax

The property is rated in Council Tax Band A. Council tax payable for 2021/22 is £1,484.

Guide Price

£65,000+

Buyer’s Premium

2% (min. £3,600) inc. VAT.

Viewings

Please contact a member of John Pye Property on 0115 970 6060 or email [email protected] to arrange an appointment.

Sell Your Property

If you are thinking of selling your property, contact us now for a free appraisal and benefit from:

•0% Seller Fee
•£0 Entry Fee
•£0 Marketing Costs
•20 Working Day Completion

Energy Performance Certificates

Location Map

Viewing | Make Pre-auction Offer

Contact Details:

Your message has been sent.