Summary - 79 VERNON AVENUE OLD BASFORD NOTTINGHAM NG6 0AP
3 bed 1 bath End of Terrace
Long-term tenant in place for immediate rental income and low-management investment.
- Freehold three-bedroom end-of-terrace, Victorian character
- Current gross income £10,200; market rent potential £11,988
- Long-term tenants in situ, consistent payment history
- Compact 872 sq ft; small rear garden, small plot
- Single bathroom only; suitable for standard family renting
- Area classified as deprived; consider capital growth implications
- Buyer’s premium applies to secure purchase
- Local amenities, good transport and fast broadband
A straightforward buy-to-let in Old Basford offering steady income and long-term occupancy. This Victorian end-of-terrace is well maintained and arranged over two floors with three bedrooms, a reception room, separate dining area and a rear garden — practical accommodation that appeals to renters.
The property currently produces a gross annual income of £10,200 with scope to increase to an estimated £11,988 at market rent. The existing tenants have lived at the address for several years and intend to remain, providing rental continuity for an investor seeking immediate cashflow. Freehold tenure and a compact 872 sq ft footprint make management simple.
Notable considerations are clear: the area is classified as deprived and the plot is small, so capital-growth prospects should be weighed against rental yield. There is one bathroom only, and a buyer’s premium applies to the sale. Crime levels are average and local amenities, schools and good transport links support ongoing rental demand.
Overall, this is a practical addition for a landlord or portfolio buyer seeking hands-off income from a long-term-let, or a developer/investor looking to hold for predictable returns. Full tenancy and financial detail are available in the Let Property Pack for serious enquiries.
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