Summary - 7 FINSBURY AVENUE NOTTINGHAM NG2 4LL
2 bed 1 bath House
Two-bed mid-terrace sold with tenant — auction sale, needs updating.
Two double bedrooms, compact footprint
A compact two-double-bedroom Victorian mid-terrace offering straightforward investment potential in NG2. The property is sold with a tenant in situ, making it suitable for buy-to-let investors seeking immediate rental income. A recently fitted boiler reduces short-term maintenance costs.
The house requires updating throughout — cosmetic and likely thermal improvements are needed (solid brick walls assumed without insulation). The footprint and plot are small, ceilings are high and rooms are modest in size, so refurbishment should focus on efficient use of space. On-street parking only; private rear garden is small.
Buyers should note this property is being sold at auction via the modern method. A non-refundable reservation fee (4.5% of purchase price, minimum £6,600) and a 56-day completion timetable apply. The buyer information pack should be reviewed and full due diligence completed before bidding.
Location is central for Nottingham conveniences and transport links, with excellent mobile signal and fast broadband — practical for tenants. The wider area shows above-average crime and high deprivation levels, which will affect rental profile and long-term demand. Freehold tenure and very low council tax are practical advantages for an investor comfortable managing a property in need of refurbishment.
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