Derby Road, The Cigar Factory, NG7
Derby Road, The Cigar Factory, NG7
£110,000| 1 bedroom | 1 bathroom
Tenure
Leasehold
Property type
Flat
Size
45 m2
Council Tax Band
B
Energy Efficency Rating
D
Key features
- Investors Only
- The current tenant is paying £850pcm representing a gross yield of 9.2%
- Kitchen With Built In Appliances
- En-suite Bathroom
- Allocated Secure Underground Parking Space
- Walking Distance to Nottingham City Centre
- Communal Terrace
- Exposed Brickwork
- Separate WC
Overview
Introducing this delightful one-bedroom, character filled apartment in The Cigar Factory, situated in the Canning Circus area on Derby Road. A ready-made investment with tenants in situ paying £850 per calendar month, representing a gross yield of 9.2%.
Within walking distance of both universities, Nottingham City Centre, and excellent bus and tram links, this property offers great accessibility for work, study, or leisure.
The apartment includes a comfortable lounge with an open-plan fitted kitchen and dining area, a double bedroom with an en-suite bathroom and built-in storage, as well as a guest toilet.
Additional features include private secure parking, access to a communal terrace, and secure entry via code for added convenience. A straightforward and well-located option for practicality and accessibility in the heart of the city.
Viewing is highly recommended.
Virtual tour
Location
Overview
Introducing this delightful one-bedroom apartment in The Cigar Factory, situated in the Canning Circus area on Derby Road.
Within walking distance of both universities, Nottingham City Centre, and excellent bus and tram links, this property offers great accessibility for work, study, or leisure.
The apartment includes a comfortable lounge with an open-plan fitted kitchen and dining area, a double bedroom with an en-suite bathroom and built-in storage, as well as a guest toilet.
Additional features include private secure parking, access to a communal terrace, and secure entry via code for added convenience. A straightforward and well-located option for those seeking practicality and accessibility in the heart of the city.
Living/Dining Area 24' 7" x 13' 7" (7.50m x 4.15m)
A spacious, light and bright living/dining area with five sash windows allowing plenty of light to flood in. There is ample space for living furniture and a dining table. A storage cupboard houses the boiler.
Kitchen Area 10' 4" x 5' 1" (3.15m x 1.55m)
A modern kitchen fitted with a good range of units and built-in appliances. Tiling to wet areas.
WC 5' 1" x 3' 4" (1.55m x 1.01m)
Fitted with a two piece suite comprising low level WC and pedestal wash hand basin.
Bedroom 13' 7" x 8' 4" (4.15m x 2.55m)
A well proportioned double bedroom with built-in wardrobes and access to the en-suite shower room.
En-suite Shower Room 7' 10" x 4' 11" (2.38m x 1.51m)
With tiling to half height and wet areas, this three piece suite comprises: low level WC, wash basin set into vanity storage unit and shower cubicle.
Outside Spaces
Roof Terrace
Communal terrace
Parking Spaces
Secure Gated Capacity: 1
One allocated parking space.
Property Tenure
Property Tenure: Leasehold
Lease Expiry: 3003
Tenure notes: Ask agent
Service charge: £2729.82 / year
Ground rent: £250 / year
Ground rent expiry: Ask agent
Ground rent uplift: Ask agent
Ground rent review period: Ask agent
Construction
Construction material: Ask agent
Roof material: Ask agent
Roof renovated: No
Is loft boarded: Ask agent
Building Safety
Has restrictions: No
Has required access: No
Public right of way: No
Flood risk: No
Has planning permissions: No
Minning area: No
Listed building: No
Conservation area: No
Utilities
Water supply: Direct mains water
Sewerage: Standard UK domestic
Electricity supply: National Grid
Heating supply: Central heating (gas)
Broadband: Ask agent
Mobile coverage: Ask agent
You can use the government stamp duty land tax calculator here.
Disclaimer
These sales particulars have been prepared by Comfort Estates on behalf of the vendor. Fixtures and fittings other than those mentioned are to be agreed with the Seller. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. Statements contained within this advert are provided in good faith and are understood to be accurate, although cannot be guaranteed since we rely on information provided by other parties. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. If you require further information on any points, please contact us.
Money Laundering
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLR 2017) came into force on 26 June 2017. Comfort Estates require any successful purchasers proceeding with a property to provide two forms of identification i.e. passport or photocard driving license and a recent utility bill or bank statement. We are also required to obtain proof of funds and provide evidence of where the funds originated from. This evidence will be required prior to Comfort Estates & Tattershalls removing a property from the market and instructing solicitors for your purchase.
