Marco Island, Nottingham NG1

Key features

• Sixth floor flat within modern apartment block
• Sought after location at heart of City Centre
• Views encompassing city skyline
• Arranged over 445 square feet
• 128 year lease remaining
• Currently let at £675 PCM, rental value now exceeding £750PCM

Full property description

TO BE SOLD BY MODERN AUCTION. HOMEBUYERS AND INVESTORS ALIKE, WELCOME.

Located on the sixth floor of a sought-after apartment block at the heart of the City Centre. This one-bedroom flat is arranged over 445 sq ft and offers attractive views of the city skyline.

With its prime location, generous living space, and impressive views, this property represents a sound investment or ideal first-time buy. The lease has 128 years remaining, the ground rent is £475 p.a and the service charge £1,932 p.a. Currently let at £675.00 per calendar month, the rental value of this property has now appreciated to exceed £750.00 p.c.m

Auctioneer Comments: This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The buyer will pay £300 inc VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a NonRefundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450. These services are optional.