Summary -
66, Station Road,Carlton,NOTTINGHAM,NG4 3DB
NG4 3DB
2 bed 2 bath Flat
Income-producing portfolio with near-term rent uplift potential.
Two one‑bed flats in a Victorian mid‑terrace
A compact buy‑to‑let portfolio of two one‑bed flats in a Victorian mid‑terrace on Station Road, sold freehold with tenants in situ. The portfolio currently generates a gross income of £13,080 pa and could be re‑let at market rents to produce around £14,400 pa. At the asking price of £151,000 this equates to an approximate current gross yield of 8.7%, rising to about 9.6% at market rent.
Both flats have spacious lounges and basic kitchens and bathrooms, with period brick character externally. Properties are described as well maintained by the current landlord but will suit investors comfortable with ongoing management and typical Victorian terraced limitations, including narrower room proportions.
Notable negatives are factual: the area records above‑average crime and higher deprivation indices, there is a medium flood risk, and the properties may need updating to achieve the advertised market rent. A Buyer’s Premium applies to the sale; see the Let Property Pack for full income and tenancy detail.
This portfolio will appeal to buy‑to‑let investors or developers seeking an immediately income‑producing addition with uplift potential through rent increases or modest refurbishment. Tenants are currently situated, so purchasers should review tenancy terms and planned maintenance when considering offers.
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