Offers over
£95,000
1 bed flat for saleRopewalk Court, Derby Road, Nottingham, Nottinghamshire NG1
1 bed
1 bath
1 reception
EPC Rating: B
- Leasehold
Sold.co.uk
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About this property
1 Bedroom
Tenants In Situ
£895pcm
Allocated Parking Space
Parking Space Rented separately for £80pcm
Cash Buyers & Investors Only
Leasehold - 974 Years Remaining
526 Square Feet
*** cash buyers & investors only ***
This one-bedroom apartment on Derby Road, Nottingham presents an excellent investment opportunity, currently tenanted and generating reliable income. Located within the popular Ropewalk Court development, this property offers an impressive gross rental yield of 11.7% and includes a separately rented parking space.
The property's layout includes an entrance hall leading to a spacious living room, a practical kitchen with fitted units, a well-proportioned double bedroom, and a bathroom. The apartment spans approximately 526 sq ft, offering comfortable living space, while the dedicated parking space adds significant value to the investment.
Located in Nottingham's vibrant city centre, the property benefits from excellent amenities right on its doorstep. The location offers easy access to Nottingham Trent University, the Victoria Shopping Centre, and numerous restaurants and bars. Transport links are exceptional, with the train station and tram stops within walking distance.
Available exclusively to cash buyers and investors, this property represents a strong investment opportunity with an established rental income of £895 pcm from the apartment and an additional £80 pcm from the parking space. With a tenant already in situ and a proven rental track record, we strongly recommend early viewing of this high-yielding investment property.
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More information
Tenure
Leasehold (974 years)
Service charge
£2,000 per year
Council tax band
A band has not yet been confirmed.
Ground rent
£100
Ground rent date of next review