£90,000 /Sale price

SOLD WITH TENANTS-IN-SITU 18% GROSS YEILD £1,350 pcmThis stylish two-bedroom, two-bathroom apartment in Nottingham’s iconic Litmus Building offers vibrant city centre living with modern perks. SOLD WITH TENANTS-IN-SITU 18% GROSS YEILD £1,350 pcm*MODERN METHOD OF AUCTION*This modern two-bedroom, two-bathroom apartment within the highly regarded Litmus Building is offered for sale with tenants-in-situ, generating a 18% gross yield (£1,350 pcm). Located on the seventh floor, the apartment enjoys a prime position within the development, just a short walk from the wide range of amenities Nottingham City Centre has to offer. Residents benefit from a concierge service in the entrance foyer and on-site leisure facilities, including a fully equipped gym and swimming pool.The kitchen is fitted with both floor and wall-mounted cabinets and includes integrated appliances such as a fridge freezer, washing machine, dishwasher, and oven. The open-plan kitchen and living area is positioned on a corner aspect, allowing for excellent natural light and access to a private patio balcony.The main bedroom features fitted wardrobes and a contemporary en-suite with shower, WC, sink, mirror, and heated towel rail. The second double bedroom also includes built-in wardrobes and benefits from a large window providing natural light. The main bathroom comprises a bath with overhead shower, WC, sink, mirror, and heated towel rail. Both bathrooms are neutrally decorated with a modern finish throughout.Council Tax Band: CTenure: LeaseholdService Charge: £3,286.60Ground Rent: £150Ground Rent Review Period: tbcGround Rent Review Amount: tbcNext Ground Rent Review: tbcParking Arrangements: AllocatedProperty Construction: StandardElectricity Supply: Mains Water Supply: MainsSewerage: Mains Heating Supply: ElectricBroadband: Refer to OfcomMobile Signal Coverage: No known issuesBuilding Safety Issues: Managing agents applying through goverment fundingRestrictions: NoneRights And Easements: NoneFlood Risks Or Previous Flooding: NoPast Or Present Planning Permissions Or Applications: NoIs the property located in a Coalfield Or Mining Area: NoAUCTION NOTES:This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the Reservation Period). Interested parties personal data will be shared with the Auctioneer (iamsold).If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.AGENTS NOTE:We have not tested any of the electrical, central heating or sanitaryware appliances. Purchasers should make their own investigations as to the workings of the relevant items. Floor plans are for identification purposes only and not to scale. All room measurements and mileages quoted in these sales particulars are approximate. In line with The Money Laundering Regulations 2007 we are duty bound to carry out due diligence on all our clients to confirm their identity. Rather than traditional methods in which you would have to produce multiple utility bills and a photographic ID we use an electronic verification system. This system allows us to verify you from basic details using electronic data, however it is not a credit check of any kind so will have no effect on you or your credit history.FIXTURES AND FITTINGS:All those items mentioned in these particulars by way of fixtures and fittings are deemed to be included in the sale price. Others, if any, are excluded. However, we would always advise that this is confirmed by the purchaser at the point of offer.