Our latest listing is a 2-bedroom end-terrace house located in Nottingham. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has tenants currently situated.
For investors looking to expand their portfolio, this is a fantastic opportunity!
This well-kept home features 2 bedrooms, a fully equipped kitchen, 2 spacious lounges , and a bathroom.
Investment details
It currently produces an annual gross income of £8,100 which could be increased by the new owner to a market rate of £10,932 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.
Tenancy Details
The current tenants have lived in the property for several years and have 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.
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 with 170 years on lease
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.
Council Tax Band
Council Tax Band: A
Interactive street-level view of the property location and surrounding area.
Appreciation
Charge
Indicated