Plains Road, Mapperley, Nottingham

Sold
£508,000

Key Features

  • Exclusive modern development
  • Four let apartments
  • Annual income of £31,500
  • All two bedrooms
  • Living room/kitchen
  • Secure remote gated car park
  • UPVC double glazing
  • Secure remote gated car park

Description

INVESTMENT OPPORTUNITY!! FOUR APARTMENTS!! Forming part of the exclusive Gables development close to Mapperley Plains' facilities & amenities. All four apartments are currently let and understood to be generating an annual income of £31,500 and a gross yield of 6.2%. All have a hallway with video entry phone system and living kitchen with several integrated appliances. Two are ground floor with access to a courtyard garden. Two are first floor, one of which has a full width front facing balcony. There are also en-suite shower rooms to two of the apartments. They also have the benefit of a secure remote gated car park at the rear.

Overview

These apartments form part of The Gables which is an exclusive development of 22 one and two bedroom apartments.

Each apartment has the benefit of a 'Premier Guarantee', communal sky dish, fully tiled bathrooms, Villeroy & Bosch sanitaryware, fully programmable electric heating system, and are pre-wired for wall mounted televisions.

The development is conveniently situated for the amenities and facilities of the vibrant Mapperley Plains shopping area which has a good mix of independent retailers, coffee bars, pubs and restaurants. There are also regular bus services to the City Centre which is approximately 3 miles away.

Viewing

By arrangement with our Mapperley Office on (0115) 953 6644

Apartment 2

Ground floor with hallway, living kitchen with several integrated appliances and access to a courtyard garden. Two double bedrooms and bathroom which is en-suite to one bedroom and is also accessed form the hallway.

Apartment 5

Ground floor with hallway, living kitchen with several integrated appliances and access to a courtyard garden. Two double bedrooms, bathroom and master en-suite.

Apartment 11

First floor with hallway, living kitchen with several integrated appliances, two double bedrooms and bathroom which is en-suite to one bedroom and is also accessed form the hallway.

Apartment 16

First floor with hallway, living kitchen with several integrated appliances, two double bedrooms, bathroom and master en-suite. Both the master bedroom and living area have double doors opening out on to a full width front facing balcony.

Tenure

Understood to be Leasehold

Agents Note

The property's services, appliances, heating installations, plumbing and electrical systems have not been tested by the selling agents. These particulars, whilst believed to be accurate are for general guidance only and do not constitute any part of an offer or contract. Intending purchasers are advised to make their own independent enquiries and inspections.
No person in the employment of Marriotts has the authority to make or give any representation or warranty in respect of the property.

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