GUIDE PRICE £130,000 – £140,000. Set in The Arboretum, a stone’s throw from Nottingham City Centre, this ground floor flat offers an attractive prospect for first-time buyers or investors. Housed in a converted period building, the property is available immediately with no upward chain. It features one double bedroom and an entrance hall that boasts partially original Minton tiled flooring alongside practical storage cupboards. The lounge is highlighted by a period-style fireplace with a gas fire and beautifully restored floorboards, creating a warm, inviting atmosphere. The kitchen is equipped with white units, timber-effect work surfaces, and comes complete with an integrated oven, hob, and extractor. The bathroom is fitted with a white suite and an electric shower. Modern comforts are ensured with combination gas central heating and UPVC double glazing. Outside, there is a communal garden at the front and an allocated parking space at the rear. Offering a potential rental income of £800 pcm and a gross yield of 7.4%, this property is an excellent investment opportunity or a delightful home for those starting on the property ladder.

  • Ground floor flat in a converted period building sold with no upward chain
  • One double bedroom
  • Entrance hall with part original Minton tiled flooring and storage cupboards
  • Lounge with feature period style fireplace with gas fire and stripped and varnished floorboards
  • Kitchen with white units and timber effect work surfaces, integrated oven, hob and extractor
  • Bathroom/Wc with white suite and electric shower
  • Combination gas central heating, UPVC double glazing
  • Communal garden area to the front elevation
  • Allocated parking space to the rear elevation
  • Perfect first time buy or investment opportunity with potential rental income of £800 pcm offering a gross yield of 7.4%

GROUND FLOOR

Entrance Hall

3.76m x 0.81m (12'4 x 2'8)

Lounge/Dining Room

4.52m x 4.22m (14'10 x 13'10)

Kitchen

2.64m x 2.59m (8'8 x 8'6)

Bedroom

3.38m x 2.74m (11'1 x 9')

Bathroom

2.97m x 1.65m (9'9 x 5'5)

LEASEHOLD INFORMATION

Length of Lease remaining: 996 years
Ground Rent: Peppercorn
Service Charge £700 every six months

COUNCIL TAX BAND RATING

Nottingham City Council - Band A
This information was obtained through the directgov website. ­­David James offer no guarantee as to the accuracy of this information.

DISCLAIMERS

These particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a contract. No person in the employment of David James Estate Agents Ltd has any authority to make any representation whatsoever in relation to the property. All services, together with electrical fittings or fitted appliances have NOT been tested.

All the measurements given in the details are approximate. Floor plans are for illustrative purposes only and are not drawn to scale. The position and size of doors, windows, appliances and other features are approximate only. The photographs of this property have been taken with a Giraffe360 camera. No responsibility can be accepted for any loss or expense incurred in viewing. If you have a property to sell you may wish to take advantage of our free valuation service.

David James Estate Agents have established professional relationships with third-party suppliers for the provision of services to Clients. As remuneration for this professional relationship, the agent receives referral commission from the third-party company. David James Estate Agents receives the following commission from each third party supplier on a per referral basis:

W A Barnes Ltd: £60 including VAT.
All Moves UK Ltd: 18% including VAT of the invoice total (£107 including VAT average).
MoveWithUs Limited: £188 including VAT (average).

Branch Details

David James Mapperley

David James' Mapperley Branch is the company's head office and has been trading since 1991, having previously been an estate agency since 1974. Our residential lettings and property management division are also based within the building, along with our administration department. The branch has been a market-leading estate agency in the local area for many years.

Address:45B Plains Road, Mapperley, Nottingham, NG3 5JU

Call us:0115 962 4213 (option 1)

Opening times:9:00am - 5:30pm (Monday - Friday) 9:00am - 4:00pm (Saturday)