From
£65,000
(£146/sq. ft)
1 bed flat for saleMarco Island, Nottingham NG1
1 bed
1 bath
1 reception
445 sq. ft
EPC Rating: C
- Auction
- Leasehold
Properly
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About this property
Sixth floor flat within modern apartment block
Sought after location at heart of City Centre
Views encompassing city skyline
Arranged over 445 square feet
128 year lease remaining
Currently let at £675 pcm, rental value now exceeding £750PCM
To be sold by modern auction. Homebuyers and investors alike, welcome.
Located on the sixth floor of a sought-after apartment block at the heart of the City Centre. This one-bedroom flat is arranged over 445 sq ft and offers attractive views of the city skyline.
With its prime location, generous living space, and impressive views, this property represents a sound investment or ideal first-time buy. The lease has 128 years remaining, the ground rent is £475 p.a and the service charge £1,932 p.a. Currently let at £675.00 per calendar month, the rental value of this property has now appreciated to exceed £750.00 p.c.m
Auctioneer Comments: This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The buyer will pay £300 inc VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a NonRefundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/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. These services are optional.
EPC Rating: C
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More information
Tenure
Leasehold (128 years)
Service charge
£1,932 per year
Council tax band
B
Ground rent
£475
Ground rent date of next review