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Two-bedroom first floor apartment, let investment

Ripley, DE5 - Get Access

2 bed 2 bath

Description

A two-bedroom first-floor apartment in a modern, purpose-built block. The property is offered for sale subject to the existing tenancy and is let at £750 per calendar month (£9,000 per annum). The accommodation comprises a hallway, lounge/kitchen, bedroom one with ensuite shower room, bedroom two, and main bathroom. Situated on Crossley Street between its junctions with Wellington Street and High Street. Public transport links include Ambergate and Langley Mill mainline rail stations together with a network of local bus services serving the surrounding vicinity. Road links include the A610, A38, and A6. Shopping amenities can be found locally within Ripley, with an extensive range of shops, bars, and restaurants found in Nottingham. Recreational pursuits can be found locally at the open spaces of Crossley Park and Pit Top. This represents an ideal investment opportunity with an excellent income yield.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
High confidence Floor Area: 689 sq ft (EPC)

This first-floor, two-bedroom modern purpose-built apartment in Ripley was valued primarily using direct transaction evidence from the same building. We examined three historical sales within Taylors Mill, which share identical construction and layout characteristics. An internal floor area of 689 sq ft was utilised alongside adjustments for the existing tenancy and minor external repair items noted in the condition review.

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