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Property ID: 214640362
Offers Over
£159,000
Location
Radford Road, Nottingham, NG7 7NQ
Size
1076.39
Tenure
Freehold
Bedrooms
3
Type of property
Terraced
Current Yield
7.6%
Monthly Income
£1,000
Property Information

This is a 3 bedroom end of terrace house in Nottingham. With valuable amenities in close proximity, rewarding rental returns and a tenant currently situated, this is a fantastic opportunity for investors looking to expand their portfolio!


The well-kept home features 3 bedrooms, three-piece bathroom, spacious lounge, kitchen and cellar.


Investment Details


It currently produces an annual gross income of £12,000 which could be increased by the new owner to a market rate of £15,600 with tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.


For greater detail on this property's investment potential, please see the Let Property Pack linked below.


If you are interested, please call us.


Tenancy Details


The current tenants have lived in the property and consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.


Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Cash Purchase
Mortgage
Purchase Price
Assumed purchase price based on home report value
Stamp Duty Tax
Est. Legal Fees
Monthly Running Costs
Letting Agency Fees
Ownership CostsWhat are these?
Calculated Returns
Paisley benefits from an average of 4.5% capital growth. Learn more
Purchase Costs
Based on monthly income of
£1,000
Cashflow p/m
1000
Current Yield
null%
Based on potential rent of
£1,300
Cashflow p/m
1300
Potential Yield
null%
Monthly Income
£1000 pcm
Potential Rent
£1300 pcm
Length of Tenancy
3 years+
Tenant Means of Funding
SELF_FUNDED
Area Capital Appreciation Rate
-
Ground Rent
Freehold
Est. Insurance Costs
unknown
Factor Fees
-
Factor Name
unknown
Total Estimated Costs
unknown
Not available for this property
Not available for this property
Not available for this property
0
Running Costs
Ground Rent
Freehold
Est. Insurance Costs
unknown
Factor Fees
-
Factor Name
unknown
Total Estimated Costs
unknown