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1 bed apartment

£70,000

The Mill Close, Old Basford, Nottingham, Nottinghamshire, NG6 0GB

Bedrooms1TypeApartmentRent pcm450FurnishedFurnished
TenureShared FreeholdGround rentService charge480
Tenanted/VacantVacantAST details N/A
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Sorry property now sold


Selling a large 1 bedroom flat. Only 6 other flats that share in Old Basford, Nottingham, NG6

Great rental investment and 100m from tram stop into Nottingham centre. The flat is a larger I bedroom flat on the 3rd floor (top floor) so very secure and quiet and shares the floor with only one other apartment. Key access to main building also secure. Comes fully furnished at no extra cost. Open plan lounge kitchen. Private car park. Lowest council tax rate.

Always had great rental of £450 plus a month if interested buying as an investment. A nice quiet area yet convenient to local schools, shops and tram station into Nottingham centre.

No chain so vacant upon possession.

£40 month maintenance fees which includes building insurance amongs the upkeep of the building, which is paid to a maintenance company.

The building is leasehold but is owned by the owners of each apartment (7 apartments in total).




Gross yield calculator

£
£
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7.71%

Stamp duty calculator

£
 5%  Up to to £125,0003,500  7%  £125,001 to £250,0000 10%  £250,001 to £925,0000 15%  £925,001 to 1.5 million0 17%  Over £1.5 million0
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£3,500

Nearest stations

Bulwell 1.4 milesNottingham 2.8 milesHucknall 3.9 milesCarlton 4.4 milesBeeston 4.4 milesDistances are straight line measurements