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Basford Mill, Egypt Road, Nottingham
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Guide price

£90,000

1 bed Apartment For Sale

Basford Mill, Nottingham, NG7 7JJ

1 bed

1 bathroom

GUIDE PRICE £90,000 – £100,000. WALTON & ALLEN are delighted to present this ONE BEDROOM APARTMENT in this converted former factory. Full of original character and charm, the accommodation comprises: OPEN PLAN LIVING ROOM with KITCHEN and DINING AREAS, DOUBLE BEDROOM and BATHROOM. Situated in NEW BASFORD, the property benefits from EXCELLENT ACCESS TO CITY CENTRE and QUEENS MEDICAL CENTRE is 5 minutes walk from NOTTINGHAM EXPRESS TRAM LINE. This would make an IDEAL FIRST TIME BUY or INVESTMENT offering a potential yield of 8.7%. Call now to view!

  • ONE DOUBLE BEDROOM
  • FIRST FLOOR APARTMENT
  • OPEN PLAN KITCHEN/LIVING/DINING ROOM
  • POTENTIAL YIELD OF 8.7%
  • BATHROOM
  • EXCELLENT TRANSPORT LINKS
  • ALLOCATED PARKING
  • FIRST TIME BUY

Entrance HallElectric heater.

Kitchen/Living/Dining Room4.55 x 4.12 (14’11 x 13’6 )Fitted with a matching range of base and eye level units with worktop space over, stainless steel sink. Cooker with hob and extractor over. Two windows and electric heater.

Bedroom2.84 x 2.59 (9’3 x 8’5 )Window, electric heater.

BathroomFitted with three piece suite comprising bath with shower over, wash hand basin and WC. Tiling to walls, electric towel rail.

Lease InformationGround Rent: £499 per annum
Service Charge: £1214 per annum
Lease: 125 years from 2007

InvestmentThe property should achieve a rental return of £650pcm subject to the condition of the property. This would offer a gross yield of 8.7%.

Selective LicensingPlease check to find out if this property is within the Nottingham Selective Licensing area at http://geoserver.nottinghamcity.gov.uk/myproperty/

Council Tax BandCouncil Tax Band: A

Viewing 24 hrs NoticeTo arrange a viewing on this property please contact our Sales Team at Walton & Allen on Nottingham (0115) 9243304. Please note 24hrs notice is usually required on this property.

Free Mortgage AdviceWalton & Allen offer free initial mortgage advice. We help you compare the whole of the mortgage market to find one of the best deals for you. Find out how much you could borrow and how much money you could potentially save. Call 0115 9243304 or respond to this advert.

*A mortgage is a loan secured against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it. Think carefully before securing other debts against your home. *

Property to sell?If you are selling a property, or even considering selling, Walton & Allen estate agents would be delighted to visit your property to offer a FREE PROPERTY VALUATION. We are a family run, fully independent estate agent. CALL US TODAY on 0115 9243304.

DisclaimerWalton & Allen, their clients and any joint agents give notice that 1: They 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 Walton & Allen s have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.

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