Summary - 36 MALCOLM CLOSE NOTTINGHAM NG3 5AP
2 bed 1 bath Apartment
Immediate rental income in a popular, well-connected neighbourhood.
Tenanted until July 2026 at £995 pcm generating income immediately
This two-bedroom apartment in Malcolm Close is presented primarily as a buy-to-let opportunity. Currently tenanted until July 2026 at £995 pcm, the property produces an estimated gross yield of around 10%, making it attractive to investors seeking immediate rental income in a proven rental neighbourhood.
The accommodation includes a large living/dining room, separate kitchen with appliances and two double bedrooms. Off-street parking is provided behind electric gates. The building dates from the mid-20th century and the flat is an average-sized unit of approximately 677 sq ft with double glazing (install date unknown).
Important cost and condition notes for investors: the property has an EPC rating of E and uses electric room heaters as the main heating source. It is leasehold with around 950 years remaining, ground rent £40 pa and a service charge of approximately £2,000 pa. Council tax band A is low, but the service charge is a significant ongoing cost.
Overall this is a straightforward let in a cosmopolitan, student-oriented area close to the city centre. It suits buyers who want an income-producing asset with long lease security, but purchasers should factor in energy efficiency, heating costs and the service charge when assessing net returns. All tenancy, service charge and lease figures should be verified by a conveyancer.
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