Affordable two-level property with balcony, parking and rental potential.
Freehold two-bedroom maisonette with additional office/bedroom
Set across two levels, this freehold two-bedroom maisonette includes an additional office/bedroom, private balcony and off-street parking. At about 698 sq ft, the layout provides comfortable living space with separate kitchen and living room, and the property is offered with no onward chain. It is currently let at £700pcm, so it suits investors seeking an immediate rental income or buyers looking for a project to modernise.
The flat sits on the edge of Nottingham city centre in Sherwood Rise with fast broadband, excellent mobile signal and good transport links into the city. Local schools have broadly positive Ofsted ratings and local amenities are plentiful. Council tax is very low, which helps running costs.
There are material things to note: the area records higher crime rates and is classified as deprived, and the interior shows mid‑20th century fittings that will likely need updating to maximise value. The property is presented as average-sized rooms with standard ceiling heights rather than premium or period features.
For investors, the existing tenancy gives immediate income while refurbishment could increase rents and capital value. For a first-time buyer prepared to improve the interior, the maisonette offers a cost-effective route into NG5 with parking and outside space uncommon at this price point.
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