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Property ID: 216663914
Offers Over
£100,000
Location
Station Terrace, Nottingham, NG15
Size
581
Tenure
Leasehold
Bedrooms
2
Type of property
Flat
Current Yield
7.8%
Monthly Income
£650
Property Information

Our latest listing is a 2-bedroom flat located in Nottingham. It is conveniently close to essential amenities, offers strong potential for rental returns, and currently has a tenant in residence.


For investors looking to expand their portfolio, this is a fantastic opportunity!


This two-bedroom flat features an open-plan lounge, kitchen, and dining area with a Juliet balcony, along with a three-piece bathroom and a welcoming hallway. Residents benefit from access to communal private parking. The property is ideally situated within walking distance of public transport links offering direct access to Nottingham and is conveniently close to The Park Hospital, Bardall Fields Primary and Nursery School, and The National Church of England Academy.


Investment details


It currently produces an annual gross income of £7,800. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.


Please see the Let Property Pack linked below for greater details on this property's investment potential.


If you are interested, please call us.


Tenancy Details


The current tenants have been residing in the property for less than a year and have consistently paid their rent on time. They do not plan to move out and wish to continue their tenancy.


Let Property Sales is committed to facilitating a smooth transaction process. To ensure maximum commitment from both parties to the sale, a fully refundable buyer's 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
£650
Cashflow p/m
650
Current Yield
null%
Based on potential rent of
£935
Cashflow p/m
935
Potential Yield
null%
Monthly Income
£650 pcm
Potential Rent
£935 pcm
Length of Tenancy
7.5 years
Tenant Means of Funding
SELF_FUNDED
Area Capital Appreciation Rate
-
Ground Rent
Leasehold
Est. Insurance Costs
unknown
Factor Fees
120
Factor Name
unknown
Total Estimated Costs
120
Floor plans
floorplan
Not available for this property
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Running Costs
Ground Rent
Leasehold
Est. Insurance Costs
unknown
Factor Fees
120
Factor Name
unknown
Total Estimated Costs
120