Ready-made rental with strong gross yield and parking close to city links.
First-floor two-bedroom apartment, well presented
A compact, well-presented two-bedroom first-floor apartment offered with tenants in situ — ideal for buy-to-let investors seeking immediate income. The current tenants pay £850 pcm, producing a strong gross yield for the £100,000 asking price. Shared modern block features include lift access, intercom entry and allocated off-street parking, simplifying tenant management and lettability.
Internals are practical: double glazing, electric heating and an EPC rating of D. At approximately 495 sq ft the flat is small but efficiently laid out and ready to continue as a rental or be refurbished to add further value. The property is leasehold and sold with tenants in occupation, so timing and vacant possession will be subject to the tenancy.
Location benefits include fast broadband, excellent mobile signal and convenient routes to Nottingham city centre. Local schools have generally good Ofsted ratings. Be aware of some material negatives: the area records above-average crime, higher deprivation, and a medium flood risk — factors to consider for insurance, management costs and long-term demand.
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