Description
- No Chain Sale: Ready for a straightforward and hassle-free purchase.
- Income Producing Asset: Currently generating £725 PCM rental income.
- Generous Living Space: Well-proportioned accommodation throughout.
- Residents' Gym Access: Benefiting from an on-site communal gymnasium.
- Separate Fitted Kitchen: Practical layout with ample storage and workspace.
- Popular High Point Development: A sought-after residential development.
- City Centre Convenience: Easy access to Nottingham's retail and leisure amenities.
- Ideal for Key Employers: Close to universities and major healthcare facilities.
- Excellent Transport Links: Tram, rail and bus connections nearby.
- Strong Commuter Location: Convenient access to the A52 and M1 motorway.
PROPERTY SUMMARY Offered to the market with no upward chain, this well-proportioned one-bedroom apartment presents an excellent opportunity for investors seeking an established income-producing asset. The property is currently occupied by tenants paying £725 per calendar month on a periodic tenancy, providing an immediate annual rental income of £8,700 from completion.
Extending to approximately 46.7 sq. metres (502.7 sq. feet), the apartment offers spacious and well-balanced accommodation throughout. A central entrance hall provides access to all principal rooms, creating a practical layout that maximises the available floor space. The accommodation is notably generous for a one-bedroom apartment, with the living room serving as the focal point of the property. This bright and airy reception space offers ample room for both lounge and dining furniture, making it a versatile area suited to modern lifestyles. Large windows allow an abundance of natural light to enter, enhancing the feeling of space and providing an attractive outlook.
The separate fitted kitchen is well-equipped with a range of contemporary wall and base units, complemented by extensive worktop space and practical storage solutions. Integrated cooking facilities include an electric oven and hob with extractor hood above, whilst there is additional space for freestanding appliances. The layout has been designed to maximise functionality, making it equally appealing for owner occupiers and tenants alike.
The bedroom is a well-proportioned double room capable of comfortably accommodating a double bed alongside wardrobes and additional furnishings. The room benefits from excellent natural light and offers a generous amount of usable floor space, contributing to the overall appeal of the apartment. The bathroom is fitted with a three-piece suite comprising a panelled bath with shower over, wash hand basin and low-level WC, providing all the essentials for modern living.
Throughout, the property has been maintained in a condition suitable for continued occupation and remains fully functional as an ongoing rental investment. Whilst some purchasers may identify opportunities for cosmetic enhancement in the future, the apartment is capable of generating income immediately, allowing any improvements to be undertaken gradually as part of a longer-term investment strategy. The neutral styling and practical configuration provide a strong foundation for future value-add potential.
In addition to the private accommodation, residents benefit from access to a communal gymnasium within the development, providing a valuable lifestyle amenity that enhances the overall appeal of the building and can contribute positively towards tenant demand and retention.
The combination of generous accommodation, an established tenancy, immediate rental income, resident facilities and no onward chain makes this a compelling investment opportunity. Offering income from day one together with the potential for future rental growth and asset enhancement, the property is well suited to both experienced landlords and those seeking to expand their investment portfolio with a straightforward, income-producing acquisition.
LOCATION SUMMARY Situated within the popular High Point development on Noel Street, this property occupies a convenient position on the northern edge of Nottingham City Centre, offering excellent accessibility to a wide range of amenities, employment hubs and transport links. The location has long proven popular with professionals, students and investors alike due to its proximity to the city whilst maintaining easy access to surrounding residential areas.
Nottingham City Centre is within easy reach and provides an extensive selection of retail, leisure and dining facilities, including the Victoria Centre, The Cornerhouse, Nottingham's thriving independent restaurant scene and a variety of entertainment venues. The area also benefits from a range of supermarkets, convenience stores, gyms and everyday amenities located nearby.
The property is particularly well positioned for those connected to Nottingham's major employment and educational institutions. Nottingham Trent University is easily accessible, whilst the Queen's Medical Centre, Nottingham University Hospitals and the University of Nottingham are all within convenient travelling distance. The location also provides straightforward access to a number of key business districts and commercial centres across the city.
Transport connectivity is a significant feature of the area. Regular bus services operate along nearby arterial routes, whilst the Nottingham Express Transit tram network is within walking distance, providing direct links to Nottingham City Centre, Nottingham Railway Station, The University of Nottingham, Queen's Medical Centre and surrounding suburbs. Nottingham Railway Station offers direct services to destinations including London, Birmingham, Sheffield and Leicester, making the location attractive to commuters.
For motorists, the property benefits from excellent road connections with easy access to Nottingham's Ring Road, the A52 and Junctions 25 and 26 of the M1 motorway, facilitating travel throughout the East Midlands and beyond.
The surrounding area continues to benefit from ongoing investment and regeneration, helping to support sustained demand from both owner occupiers and tenants. The combination of strong transport links, proximity to major employers and universities, extensive local amenities and convenient access to Nottingham City Centre has established High Point as a consistently sought-after location within the city's residential market.
ENTRANCE HALL A welcoming entrance hall providing access to all principal rooms within the apartment. The space benefits from a practical layout and offers useful storage potential whilst creating a natural flow throughout the accommodation.
LIVING ROOM A spacious and well-proportioned reception room forming the heart of the property. Benefiting from large windows that allow an abundance of natural light to enter, the room offers ample space for both lounge and dining furniture, creating a versatile living environment suited to modern lifestyles.
KITCHEN Fitted with a range of contemporary wall and base units, the kitchen provides generous worktop space and practical storage solutions. The room benefits from integrated cooking facilities including an electric oven, hob and extractor hood, together with space for additional appliances.
BEDROOM A generously sized double bedroom offering excellent proportions and flexibility for a range of furniture arrangements. The room benefits from good natural light and provides ample space for wardrobes, drawers and further bedroom furnishings.
BATHROOM Comprising a three-piece suite including a panelled bath with shower over, wash hand basin and low-level WC. The bathroom is well presented and designed to provide practical everyday functionality.
COMMUNAL FACILITIES Residents of the development benefit from access to a communal gymnasium, providing a valuable on-site amenity and enhancing the overall appeal of the development for both occupiers and tenants.
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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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