Minimum Rent

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£0

Minimum Yield

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0%

Bedrooms

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Type of Property

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Property ID: 216675207
Monthly Income
£1,090
Current Yield
8.2%
Tenancy status
Tenanted
CapitalAppreciation
+4.2%
Exclusive Investment Grade Opportunity

A portfolio of 2 flats located in Nottingham with tenants currently situated. They are currently generating steady, rewarding rental returns for the current landlord.


For investors looking for a rewarding investment, this is a brilliant opportunity!


The portfolio features two 1-bedroom flats. Each flat also has one bathroom, a spacious lounge, and a kitchen.


Investment details

It currently produces an annual gross income of £13,080 which could be increased by the new owner to a market rate of £14,400 with long term 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.


Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.

Cash Purchase
Mortgage
Purchase Price
Assumed purchase price based on home report value
Stamp Duty Tax
Est. Legal Fees
Monthly Running Costs
Calculated Returns
Capital appreciation calculated based on location, property type, and market value. Learn more
Current Rent
Potential Rent
Purchase Costs
Net Rental Income1090/mo
Monthly Capital Appreciation/mo
Total Net Returns/mo
Total ROI
Current Monthly Rent
£1090 pcm
Current Rental Yield
8.2%
Potential Market Value Rent
£1200 pcm
Potential Rental Yield
9.0%
Estimated Monthly Capital Appreciation
£560
Area Capital Appreciation Rate
+4.2%

Tenancy Checks

Tenancy Agreement

Provided by the seller as verbal and written confirmation and documentation will be provided at Completion once the property has been secured.

Proof of Rental Income

Provided by the seller as verbal and written confirmation and documentation will be provided at Completion once the property has been secured.

Length of Tenancy

Length of Tenancy has been verified by Let Property by reviewing the date from when the provided tenancy documentation began.

Tenant Means of Funding:

Self Funded

Length of Tenancy information has been provided by the seller as verbal and written confirmation.

Property Checks

Property Tenure

Verified as Leasehold

Property Tenure documentation has been provided to Let Property and has been Verified.

EICR

EICR documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.

Gas Safety

Gas Safety documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.

Interactive street-level view of the property location and surrounding area.

Ground Rent
Freehold
Factor Fees/Running Costs
TBC
Total Estimated Costs
unknown
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Yearly Net Profit
Current Yearly Rent
£13,080
Annual Capital
Appreciation
£3,200
Yearly Factor Fee /
Service Charge
TBC
Other Yearly Costs
None
Indicated
Annual Net Returns
£16,280