Property Description

A freehold vacant block of two self-contained one bedroomed maisonettes ideal for investment with an extremely favourable income potential in excess of £15,000 per year making this a superb investment opportunity for a first time or experienced investor. The building in an extremely popular residential part of Nottingham, offers off road parking and great energy efficiency. This property is a must view and viewings are available, so please call for more information and book to take a look. Situated in a private small development of two one-bedroom maisonettes constructed in 2015 located in this established residential suburb. Excellent energy efficient property with an EPC B81 rating. The ground floor maisonette offers approximately 30 square metres of internal space which is electrically heated and double glazed and comprises an open plan living/kitchen area, inner lobby, double bedroom and shower room/wc. The first floor maisonette offers approximately 35 square metres of internal space and access from its own front entrance door to staircase leading to a first-floor lobby where doors lead to the living/kitchen, double bedroom and shower room/wc. The property benefits from off-street private parking for each apartment within a private courtyard as well as the use of front and rear gardens shared with the ground floor maisonette. For investment purposes this property should expect a gross yield of above 10% against the guide price and should be of great interest to property investors Situated in this established residential suburb, highlighted as an up and coming area for the recent development of the Nottingham Express Tram system, a stop is within walking distance of the building and provides convenient quick access to Beeston town centre, Nottingham University, the Queen's Medical Centre and Nottingham city centre itself.

40A - GROUND FLOOR

Comprising -

Living/Kitchen - 3.95m x 3.85m (12ft 11 x 12ft 7)

A fitted kitchen including a range of base units with worksurfaces and inset stainless steel sink unit with single drainer. Built in electric oven and hob. Plumbing and space for washing machine. Electric heater, double glazed window to the front. Door to lobby.

Lobby

With store area and doors to the bedroom and shower room

Bedroom - 3.12m x 2.72m (10ft 2 x 8ft 11)

With electric heater and double glazed window to the rear.

Shower Room - 1.73m x 1.63m (5ft 8 x 5ft 4)

Incorporating a three piece suite comprising wash hand basin with vanity unit, low flush WC and shower cubicle with electric shower. Double glazed window.

40B - FIRST FLOOR

Comprising -

Ground Floor Entrance Lobby

With double glazed front entrance door and stairs leading to the first-floor accommodation

Living/Kitchen 13ft 1 x 12ft 6 increasing to 16'3" (4.00 x 3.83 increasing to 4.96)

Kitchen area comprising a range of units, worksurfaces and stainless-steel sink unit with single drainer. Built in electric oven and hob. Plumbing and space for washing machine. Electric heater and double-glazed window to the front.

Bedroom 10ft 2 x 8ft 11 (3.12 x 2.72)

With electric heater and double-glazed window to the<br>rear.

Shower Room 5ft 8 x 5ft 4 (1.73 x 1.65)

Incorporating a three-piece suite comprising wash hand basin with vanity unit, low flush WC and shower cubicle with electric shower. Double glazed window.

Outside

The property is situated on an enclosed corner plot with a hedged-in front garden. There is an enclosed rear courtyard style garden which is shared between the two properties. Adjacent to this, and accessed by a gate, is a large tarmac courtyard that provides private parking for each apartment. A right of access is granted over this to a parking facility and garage owned by the neighbouring property.

Note

Please be advised that whilst our joint agent has conducted an inspection, the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Tenure

Freehold

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