Low-cost rental investment with tenant in place and straightforward management appeal.
Tenant in situ with steady rental income of £8,340 per year
Leasehold tenure — check lease length, ground rent and service charges
Shared front and rear garden; on-street parking only
Average-sized 1-bedroom flat — approx. 495 sq ft internal area
Located in a very deprived area with above-average crime levels
Buyers Premium applies on purchase; see Let Property Pack for details
Suitable for investors seeking immediate yield rather than vacant possession
Mobile signal and broadband reported as good
This one-bedroom leasehold flat on Riseborough Walk is offered primarily as a buy-to-let opportunity with a long-term tenant in situ. The property comprises a lounge, kitchen, bathroom and shared front and rear garden space, with on-street parking and an average internal footprint of about 495 sq ft. It currently produces a gross annual rental income of £8,340.
The location is in a very deprived, multi-ethnic area with above-average crime statistics; that presents both higher yields and higher management/risk considerations. The building is a mid-20th century brick construction with standard ceiling heights and modern uPVC windows visible externally. Broadband and mobile signal are reported as good.
Investors should note this is leasehold and sold with sitting tenants who have expressed a desire to remain; the sale will therefore suit owners seeking immediate rental income rather than vacant possession. A Buyers Premium applies to secure the purchase, and a Let Property Pack is available for detailed investment figures and tenancy documentation.
This listing suits cash buyers, portfolio investors or developers seeking an affordable entry into Nottingham’s rental market. Full due diligence is recommended — request floorplans, a schedule of the lease, recent energy and safety certificates, and any service charge/ground rent details before committing.
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