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A Third Floor Studio Flat Subject to an Assured Shorthold Tenancy Producing £7,500 Per Annum
The property comprises a third floor studio flat situated within a purpose built block arranged over ground and three upper floors.
Tenure
Leasehold. The property is held on a 250 year lease from 6th March 2015 (thus approximately 239 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Victoria Park are within easy reach. Transport links are provided by Nottingham rail station.
Accommodation
Third Floor Studio Room Kitchen Bathroom
Tenancy
The property is subject to an Assured Shorthold Tenancy for a term of 12 months commencing 18th August 2025 at a rent of £625 per calendar month.
The seller has advised that the rent paid by the tenant will be apportioned on completion and any management costs will be deducted as part of the calculation for the apportioned rent due to the buyer.
Energy Efficiency Rating (EPC)
Current Rating C
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.