1 bed Apartment for Sale

• No Upward Chain: A straightforward purchase with no onward chain complications.
• Strong Yield: Gross rental return increasing to approximately 10.04%.
• Period Conversion: Set within an attractive red brick building with bay frontage.
• First Floor Position: Well-placed within the development.
• Open Plan Living: Bright kitchen/living space with large bay window.
• Investment Ready: Sold with tenants in situ until May 2025, providing immediate rental income.
• Modern Kitchen: Contemporary high-gloss units with integrated cooking appliances.
• Double Bedroom: Well-proportioned and neutrally decorated.
• Stylish Bathroom: Modern three-piece suite with shower enclosure.
• Allocated Parking: Dedicated off-street parking space included.

PROPERTY SUMMARY *Cash Only* An exciting opportunity to acquire a ready-made investment within an attractive period conversion, offering immediate income and strong ongoing returns.

This first floor apartment, extending to approximately 42.2 square metres, is currently let at £775 pcm until May 2025, producing a gross rental yield of 9.79%. Following the current tenancy, a new tenancy is already lined up at £795 pcm, increasing the potential gross yield to approximately 10.04%. With continuity of occupancy already arranged, this is a low-hassle, income-generating asset from day one.

The property forms part of an impressive red brick building with striking bay-fronted elevations, combining period charm with modern internal finishes. Internally, the accommodation is well laid out and finished in neutral tones, making it consistently appealing to the rental market.

The entrance hall provides access to all rooms, leading into a bright open plan kitchen/living space. A large bay window floods the room with natural light, creating an inviting living environment. The kitchen area is fitted with contemporary white high-gloss units, contrasting work surfaces and integrated cooking appliances, with space for additional appliances. The open plan design offers practical, low-maintenance living - a key feature for tenant demand.

The double bedroom is well-proportioned and neutrally decorated, offering comfortable accommodation with a pleasant outlook. The modern bathroom is fitted with a three-piece suite including a shower enclosure, wash hand basin and WC, finished with contemporary tiling and flooring.

With tenants in situ, a new tenancy already agreed, and a gross yield approaching double figures, this property represents an excellent addition to any portfolio. Whether you are a seasoned investor looking to strengthen returns or a landlord seeking a strong-yielding entry point into the market, this is an opportunity not to be missed.

LOCATION SUMMARY Nestled in the highly regarded residential suburb of Carrington, Katherine House occupies an enviable position that effortlessly combines convenience with community appeal. Renowned for its leafy streets, strong neighbourhood feel and accessibility, Carrington is a popular choice for professionals, couples and tenants alike.

The property enjoys excellent connectivity to Nottingham city centre, with regular bus services and quick road links making commuting straightforward. Carrington's proximity to major employment hubs, including the Queen's Medical Centre, University of Nottingham and Nottingham Trent University, further enhances its rental appeal and long-term investment potential.

Everyday amenities are close at hand. Local shops, cafes and eateries along Ebury Road and Wollaton Road provide for daily needs, while a wider range of retail and leisure options are found in nearby West Bridgford and Nottingham city centre. Health and wellbeing needs are well catered for with dentists, GP practices and gyms within easy reach.

For those who enjoy the outdoors, green spaces such as Hucknall Road Recreation Ground and Nottinghamshire Golf and Country Club offer opportunities for relaxation and recreation. Families are also drawn to Carrington due to the strong selection of local schools and nurseries, many of which are highly regarded.

With its strategic setting close to transport links, amenities and employment corridors, Katherine House benefits from its position within an established and highly desirable community - a locality that consistently demonstrates strong rental demand and resilient capital performance.

ENTRANCE HALL Accessed via the main communal entrance, the private entrance hall provides access to all principal rooms. Finished in neutral décor, the space offers a welcoming first impression and includes wall-mounted intercom entry system and internal doors leading to the living area, bedroom and bathroom.

OPEN PLAN KITCHEN / LIVING AREA A bright and well-proportioned open plan space, enhanced by an attractive bay window that allows for excellent natural light and creates a pleasant outlook. The living area provides ample space for both lounge and dining furniture.

The kitchen is fitted with a range of contemporary white high-gloss wall and base units with contrasting work surfaces and tiled splashbacks. Integrated cooking appliances include an oven, hob and extractor hood, with space and plumbing for additional appliances. The open layout makes the room both practical and appealing for modern tenant living.

BEDROOM A comfortable double bedroom, neutrally decorated and well-presented throughout. The room provides space for a double bed and freestanding furniture, with a window allowing for natural light and ventilation.

BATHROOM Fitted with a modern three-piece suite comprising a shower enclosure, low level WC and pedestal wash hand basin. The bathroom benefits from contemporary tiling, neutral décor and practical flooring, creating a clean and low-maintenance finish.

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Ready to embark on your property journey with confidence? Contact Tristram's today and let's turn your aspirations into reality!

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.