Flat for sale in Lambley Court, Mapperley, Nottingham NG3

Offers over £630,000
Flat for sale - 8 bedrooms 8 7 7
Interested in this property? Call +44 115 774 8921 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Mixture of one and two bedroom apartments
  • Offering a gross annual income of £43,800
  • Offering a gross annual yield of 6.61%
  • Prime location in Nottingham close to the city centre
  • Ample allocated parking
  • All seven freehold properties fully let
  • One apartment on leasehold basis paying £350PA service charge
  • One bedroom apartments achieving £500PCM
  • Two bedroom apartments achieving £650PCM
  • Easy access to ample amenities and award winning public transport system

Property description

Summary prime location! This development of eight apartments situated within close proximity of nottingham city centre, comprising of a mixture of one & two bedroom apartments, with ample allocated parking!

Currently achieving an annual gross income of £43,800 offering an annual gross yield of 6.61% with working professional tenants!

One bedroom apartments currently achieving £500PCM!

Two bedroom apartments currently achieving £650PCM!

Prime location! This development of seven freehold apartments and A leasehold of A further apartment situated within close proximity of nottingham city centre, comprising of a mixture of one & two bedroom apartments, with ample allocated parking!

Currently achieving an annual gross income of £43,800 offering an annual gross yield of 6.61% with working professional tenants!

One bedroom apartments currently achieving £500PCM!

Two bedroom apartments currently achieving £650PCM!

Reduced stamp duty of £21,000!

Located in the centre of the UK, Nottingham is served by three junctions of the M1 motorway (24 - 26). The City is directly linked to the Midland Mainline (London St Pancras 1 hour 45 minutes), Nottingham East Midlands Airport provides direct flights to 90 international destinations and the City's modern tram system carries an estimated 9.5 million passengers every year.

The City attracts a number of international corporations with over 50 Regional and National headquarters based in the City. Nottingham is the home to Walgreens Boots Alliance, Experian, E.on UK, Gala Group, Siemens, Speedo, Vision Express, Games Workshop, Capital One and Paul Smith.

There are two world renowned universities, The University of Nottingham and Nottingham Trent University with a combined 61,890 student population of which 54,640 (88%) are full-time in Nottingham. Of this, circa 20% are international students.

Apartment 1 One bedroom apartment - 34sqm - £500PCM

apartment 2 One bedroom apartment - 29sqm - £500PCM

apartment 3 One bedroom apartment - 32sqm - £500PCM

apartment 4 One bedroom apartment - 35sqm - £500PCM

apartment 5 One bedroom apartment - 32sqm - £500PCM

apartment 6 One bedroom apartment - 35sqm - £500PCM

apartment 7 Two bedroom apartment - 59sqm - £650PCM

free property valuation Thinking of Selling/Letting a property? Call Tristram's or visit our website today to get a free property valuation and free advice! We are a 5* star rated Google agent - Search Tristram's Sales & Lettings in Google to see extensive reviews from our clients!

Disclaimer Money Laundering Regulations: Tristram's ask intending purchasers to produce identification documentation. Any delay in receiving this information may cause a delay in agreeing a sale.

Measurements: The room sizes are approximate and are only intended as a guide to the size of the property. We would advise you to verify any measurements that you may require.

Services: Please note Tristram's do not test services, any equipment or appliances in the properties that we market, therefore we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

These particulars are issued in good faith as a guide to prospective purchasers, they do not constitute representations of fact or form part of any offer or contract. The particulars of any property we market should be independently verified by prospective buyers. Neither Tristram's Property Services Ltd nor any of its employees or agents has any authority to make or give any representation or warranty whatsoever in relation to this property. Tristram's has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
While we endeavour to make our sales particulars as fair, accurate and reliable as possible, they are only a general guide for prospective purchasers, therefore if there is any point which is of a particular importance to you, please contact the office and we will be pleased to look into this for you.

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For more information about this property, please contact
Tristram's Sales & Lettings, NG9 on +44 115 774 8921 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Tristram's Sales & Lettings, and do not constitute property particulars. Please contact Tristram's Sales & Lettings for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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