Tenure
Knowing the tenure of the property is important because it affects your rights to use the property and the costs of ownership.
Freehold means you’ll own the property and the land it's built on. You'll usually be responsible for the maintenance of the property and have more freedom to alter it.
For flats and maisonettes, the freehold is sometimes shared with other properties in the same building. This is known as a share of freehold.
Leasehold means you'll have the right to live in the home for a set amount of years (specified in the lease). The landlord (the freeholder) owns the land, and if the lease runs out, ownership of the property will go back to them. Lease lengths that are less than 80 years tend to be more complicated and can cause issues with mortgage lenders.
You can extend a lease but this can be expensive. If you'd like to make changes to the property, you'll likely need the landlord’s permission. You're also likely to have to pay an annual amount for ground rent and services charges which can be subject to change. It is good practice to check additional leasehold costs that will apply to the property and factor this into your budget considerations.
Shared ownership is a form of leasehold in which you buy a percentage of the property and pay rent on the share you do not own. You may be able to buy the remaining share at an extra cost. When you wish to sell the property, you may need permission to do so.
Commonhold is a type of freehold ownership for a property that's within a development. A commonhold or residents’ association owns and manages the common parts of the property (like stairs and hallways). You'll need to join the commonhold association and contribute towards maintaining the development. It is good practice to check additional costs that will apply to the property and factor this into your budget considerations.
Council tax band (England, Scotland, Wales)
Council tax is payable on all domestic properties. The amount you pay depends on the tax band. You can check the charges for each tax band online via the following websites:
England and Wales - https://www.gov.uk/council-tax-bands
Scotland - https://www.saa.gov.uk
You may have personal circumstances that mean that you pay a reduced rate. You can get more information from the local council.
EPC rating
Where does this data come from?
We mostly rely on estate agents to provide this information, otherwise, EPC data is provided by the UK Government.
How up-to-date is this data?
Government EPC data is usually updated 2-4 times a year.
What if this data is out of date?
Please contact the estate agent to update an EPC certification.
- Flats
City Sales are pleased to bring to the market this spacious second floor two double bedroom apartment within the popular development of Portland Square. The building has undergone intrusive Fire Safety and Cladding inspections with regards to obtaining an EWS1 Certificate, the management company are currently in the process of drawing up a plan of action with regards to works to be done although current timescales are not known.
Portland Square is very well situated with most city destinations easily accessible to both universities and both hospitals in the heart of the Canning Circus area, just minutes from Nottingham's City Centre. The tramline and Nottingham Trent University are located at the end of Portland Road, as is the Arboretum and five-minute walk will take you to Nottingham's City Centre.
**attention investors**currently let for £1,080pcm until August 2025**
City Sales are pleased to bring to the market this spacious second floor two double bedroom apartment within the popular development of Portland Square. The building has undergone intrusive Fire Safety and Cladding inspections with regards to obtaining an EWS1 Certificate, the management company are currently in the process of drawing up a plan of action with regards to works to be done although current timescales are not known.
Portland Square is very well situated with most city destinations easily accessible to both universities and both hospitals in the heart of the Canning Circus area, just minutes from Nottingham's City Centre. The tramline and Nottingham Trent University are located at the end of Portland Road, as is the Arboretum and five-minute walk will take you to Nottingham's City Centre.
Communal Entrance Enter through a secure intercom door with communal hall giving access to the second-floor apartment via internal lift or stairs.
Entrance Hall Entrance door leading into the flat with access to the open plan living/dining/kitchen area, both double bedrooms and the bathroom.
Open Plan Living/Dining/Kitchen Area 20' 11" x 16' 0" (6.4m x 4.9m) With open plan living the kitchen area comprises of a range of wall and base units, roll edged work surfaces with inset stainless-steel sink and mixer tap over, electric oven, four ring gas hob and extractor fan, space and plumbing for both a washing machine and dishwasher and breakfast bar. The living area has French doors with Juliet style balcony, central heating radiator, ceiling light point and storage cupboard housing the boiler.
Bedroom One 14' 7" x 8' 9" (4.47m x 2.69m) Having a double-glazed window to the rear elevation, ceiling light point and central heating radiator.
Bedroom Two 13' 3" x 8' 3" (4.04m x 2.54m) Having a double-glazed window to the rear elevation, ceiling light point and central heating radiator.
Bathroom 7' 8" x 7' 3" (2.34m x 2.21m) Comprising of a white three-piece suite with bath and overhead shower, low level flush W/C, pedestal wash handbasin and heated towel rail.
Leasehold Information The flat is held on a 999 year lease which commenced on 4 July 2002 (977 years remaining).
The ground rent is 1 peppercorn (if demanded).
The service charge for the year commencing 1st April 2025 is £138.36 per month.
Council Tax Band This property is Nottingham City Council Tax Band B which is approximately £2,065.93 per annum for 2025/26. Prospective buyers are advised to check this.
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