£115,000 /Sale price

EXCEPTIONAL GROUND FLOOR APARTMENT IN PRIME BESTWOOD LOCATIONLester & Bingley are pleased to offer this outstanding ground floor apartment located in the desirable Bestwood area, conveniently positioned within close proximity to Nottingham City Hospital. This excellent investment opportunity has been let until November 2025 for over ten years, producing a rental income of £875 per calendar month (£10,500 per annum).The well-regarded Paviour Point development provides residents with comprehensive security and convenience through dedicated allocated parking spaces protected by fob and key-coded entry systems throughout the building. The ground floor location ensures ease of access whilst the sophisticated intercom system provides additional security and peace of mind.The property welcomes visitors through an attractive entrance hallway featuring a convenient cloakroom, leading to a central corridor which provides access to all accommodation. The well-appointed kitchen enjoys an outlook over pleasant communal gardens and offers extensive storage facilities complemented by integrated appliances including hob, oven and extractor fan. Designated spaces for white goods enhance the bright and contemporary kitchen environment, which is finished with quality tiling throughout.The bathroom is fitted with an immaculate white three-piece suite enhanced by an overhead shower facility. The principal bedroom measures approximately 4 metres by 2.7 metres, providing generous accommodation with attractive views towards the rear of the property. This beautifully maintained room exemplifies the exceptional standard of care evident throughout the apartment.Storage requirements are admirably served by two full-height cupboards positioned within the hallway, whilst the impressive reception room measures approximately 4.6 metres by 4.1 metres, representing the apartment's principal living space. Twin windows ensure abundant natural light throughout this versatile area, which currently accommodates substantial furniture including two sofas, display dresser, dining table and chairs with ease.The second bedroom, presently utilised as a hobby room with occasional guest accommodation capabilities, offers valuable additional living space whilst enjoying pleasant rear-facing aspects.The property benefits from a ground rent of £200 per annum and service charge of £1,027.46 for the period 2023/24. The apartment is held on a long lease of 125 years from December 2009, with approximately 110 years remaining.This represents an exceptional opportunity to acquire a superior investment property with an outstanding tenant who demonstrates remarkable care and pride in maintaining their immaculately presented home. Contact Lester & Bingley to arrange a viewing.LocationPavior Point is a purpose built apartment block situated in the Bestwood area of Nottingham just off the B6004 Arnold Road. Arnold Road boasts excellent transport links by both car and bus in and out of Nottingham City Centre.The apartment is ideally situated as an investment property by being less than half a mile from the Nottingham City Hospital, 3 miles from Nottingham City Centre and 4.5 miles from Queens Medical Centre and University of Nottingham City Campus.