Property Image
1/15
Floor Plan

£695,000

8 Bedroom Apartment For Sale

The Gables, Plains Road, Mapperley Plains

Key Features

  • 4x two bedroom apartments
  • investment opportunity - tenants in situ
  • approx 5.25% yield
  • allocated, gated parking spaces
  • two with private gardens & one with a balcony
  • modern interiors throughout
  • sought after location
  • council tax: c

Property Description

A rare and exciting opportunity to acquire four two bedroom apartments situated in this desirable development just a short distance from Mapperley Top. All units are currently let out and are generating an approximate 5.25% yield and benefit from a gated parking space, a light and contemporary interior and most have a small garden or balcony. Early viewing is strongly recommended.

An example interior comprises of:

ENTRANCE HALL

With wood effect laminate flooring, storage cupboard and fitted ceiling spotlights.

OPEN PLAN LIVING/DINING/KITCHEN AREA

Comprising of a living area with French Doors either leading out to a balcony, private garden or in a Juliet Balcony style, wall mounted electric panel heater and fitted ceiling spotlights. The fitted kitchens comprise of a range of high and low level units with a rolled edge worktop over incorporating a stainless steel sink and drainer, integrated electric oven, hob and extractor over, dishwasher and washing machine.

MASTER BEDROOM

With a fitted carpet, wall mounted electric panel heater, fitted storage, French Doors or uPVC double glazed window and fitted ceiling spotlights. Two of the properties also benefit from an en-suite shower room.

BEDROOM TWO

With a fitted carpet, wall mounted electric panel heater, fitted storage and uPVC double glazed window.

BATHROOM

With a fitted suite comprising of a panelled bath with mixer taps and shower over, low flush w.c., half pedestal wash hand basin, ceramic floor and wall tiling, chrome heated towel rail, opaque uPVC double glazed window and fitted ceiling spotlights.

EXTERNAL

Two of the apartments have enclosed garden areas accessed off the living area and bedrooms, one has a private balcony and the last with a Juliet Balcony. All benefit from an allocated, gated parking space.

The properties are situated in this sought after location with an array of local amenities within walking distance including shops, bars and restaurants. Regular bus services provide easy access to the City Centre and surrounding areas.

LEASE INFORMATION

Years Remaining on Lease: Approx. 111 Years
Estimated Annual Service Charge: Approx. £720 per annum per apartment
Ground Rent: £200 per annum per apartment. 
Map view