1 bed flat for sale

Woodborough Road, Nottingham, Nottinghamshire NG3

**14.5% Gross Yield**

Discover a prime investment opportunity with this stylish 1-bedroom, 1-bathroom apartment, located on the 6th floor of the highly sought-after Alexandra Court in the NG3 area. Currently let at £750 per calendar month, this property promises an excellent return for savvy investors.

Key Features:

1 spacious bedroom
Modern bathroom
Located on the 6th floor, offering stunning views
Secure and well-maintained building
Prime location in NG3, close to amenities and transport links
Financial Highlights:

Current Rent: £750 per calendar month
Asking Price: £55,000
Gross Annual Yield: 14.5%
With a gross annual yield of 14.5%, this property presents a remarkable opportunity for investors looking to maximize their return on investment. The combination of a high rental income and an attractive asking price makes this apartment a standout option in the market.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Don't miss out on this chance to add a high-yield asset to your investment portfolio. Contact us today to arrange a viewing and secure this lucrative property