£70,000
1 bed maisonette for saleJacklin Gardens, Nottingham NG5
1 bed
1 bath
1 reception
EPC Rating: C
About this property
Ground Floor Maisonette
One Double Bedroom
Reception Room
Fitted Kitchen
Three-Piece Bathroom Suite
Rear Garden
On-Street Parking
No Upward Chain
Immediate Rental Income
Investment Opportunity
Tenanted property with no upward chain...
This one-bedroom maisonette presents a fantastic investment opportunity, currently tenanted at £695pcm, generating an annual income of approximately £8,340 with a gross rental yield of around 11.9%. The tenants have been living in the property for four years and is professionally managed by hc lettings. The property benefits from easy access to a variety of shops, local amenities, and excellent transport links. The entrance hall offers ample storage space and leads into a spacious living room, perfect for relaxation or entertaining. The fitted kitchen offers a practical and functional layout, while the double bedroom provides well-proportioned accommodation. A three-piece bathroom suite completes the interior. Externally, the property boasts a small rear garden, ideal for low-maintenance outdoor space.
Must be viewed!
EPC Rating: C
Entrance Hall (4.18m x 1.72m)
The hall has laminated flooring, three in-built cupboards, a radiator, and a composite door providing access into the accommodation.
Living Room (3.50m x 4.25m)
The living room has laminated wood-effect flooring, a radiator, a double-glazed window to the rear elevation and a single door leading to the rear of the property.
Kicthen (2.74m x 2.73m)
The kitchen has a range of base and wall units with worktops, a stainless steel sink with drainer and mixer taps, an integrated oven, a gas hob, space for a washing machine, space for a fridge freezer, a radiator, partially tiled walls, tiled flooring, a wall-mounted boiler and a double-glazed window to the front elevation.
Bedroom (3.00m x 3.49m)
The bedroom has laminate wood-effect, a radiator and a double-glazed window to the rear elevation.
Bathroom (1.61m x 1.98m)
The bathroom has a low level flush WC, a pedestal wash basin, a panelled bath with a wall-mounted electric shower, a heated towel rail, partially tiled walls, vinyl flooring and a double-glazed obscure window to the front elevation.
Additional Information
Broadband Speed - 5500Mpbs | Phone Signal – Mostly Good 4G / 5G coverage | Electricity – Mains Supply | Water – Mains Supply | Heating – Gas Central Heating – Connected to Mains Supply | Sewage – Mains Supply | Flood Risk – No flooding in the past 5 years+ | Flood Risk Area - No| Construction – Wimpey No-Fines Concrete | Mining Area – Located on a coalfield. No further mining report is currently required for this property according to Mining Remediation Authority records. | Accessibility – No | Other Material / Safety Issues – No known safety issues have been disclosed by the seller. | Any Legal Restrictions – No| Council Tax Band Rating - Nottingham City Council - Band A | Tenure: Freehold |
Leasehold Information
Property Tenure is Leasehold
Service Charge in the year marketing commenced (£pa): £214.10 Including Buildings Insurance appro £130 paid direct to the council
Ground Rent in the year marketing commenced (£pa): £10
Property Tenure is Leasehold. Term : 179 years from 30th January 2024 Term remaining 177 years approx.
The information regarding service charges and ground rent has been obtained from the vendor. HoldenCopley have checked the most recent statement for ground rent and service charge and have obtained the lease length via the Land registry.
HoldenCopley offer no guarantee as to the accuracy of this information, we advise you to make further checks to confirm you are satisfied before entering into any agreement to purchase. The information will be confirmed by your solicitor via the management pack and Landlord pack where applicable. We strongly recommended that you contact your solicitor before entering into negotiations to confirm the accuracy of information.
Disclaimer
Agents Disclaimer: HoldenCopley, their clients and employees 1: Are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and HoldenCopley have not tested any services, equipment or facilities. Purchasers must make further investigations and inspections before entering into any agreement.
Garden
To the rear of the property is a small garden, and gated access.
Parking - On Street
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More information
Tenure
Leasehold (177 years)
Service charge
£214 per month
Council tax band
A
Ground rent
£10
Ground rent date of next review
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