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Property ID: 213881253
Monthly Income
£675
Current Yield
5.6%
Tenancy status
Tenanted
Capital Appreciation
+4.4%
Exclusive Investment Grade Opportunity

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.

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 Income675/mo
Monthly Capital Appreciation/mo
Total Net Returns/mo
Total ROI
Current Monthly Rent
£675 pcm
Current Rental Yield
5.6%
Potential Market Value Rent
£911 pcm
Potential Rental Yield
7.6%
Estimated Monthly Capital Appreciation
£532
Area Capital Appreciation Rate
+4.4%

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.

Ground Rent
Freehold
Factor Fees/Running Costs
TBC
Factor Name
unknown
Total Estimated Costs
unknown
Floor plans
Floor plan
Offers Over
£145,000
Location
Staples Street, Nottingham, NG3
Bedrooms
2
Type of property
Terraced

Additional Benefits

Fully Pre Checked by Let Property
Available First Come, First Serve
Over £1 Billion of UK Investment Property Sold.
Enquire for Detailed Returns Breakdown.
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Yearly Net Profit
Current Yearly Rent
£8,100
Annual Capital
Appreciation
£2,900
Factor Fees/Service
Charge
Unknown
Other Yearly Costs
None
Indicated
Annual Net Returns
£11,000