Summary - 28 OXENGATE ARNOLD NOTTINGHAM NG5 6FY
3 bed 1 bath Terraced
Immediate let income with refurbishment potential close to local amenities.
3 bedrooms mid-terraced freehold property generating rental income
Long-term tenants in situ — immediate income, limited vacant-possession certainty
Current annual gross income £10,531; approximate gross yield ~7.5%
Small rear shared garden; modest plot and room sizes
Likely requires cosmetic refurbishment and possible external maintenance
Located in a deprived area with high local crime levels
On-street parking only; no garage or private parking
Marketing lacks interior photos and full condition/EPC details
This three-bedroom mid-terrace in Oxengate, Arnold is presented as a straightforward buy-to-let opportunity with long-term tenants in situ. It currently produces a reported gross income of £10,531 per year, delivering an approximate gross yield of about 7.5% at the asking price of £140,000 — attractive to investors targeting immediate income.
The property is freehold with a modest footprint and a small rear shared garden. The exterior suggests mid-20th-century construction; internal accommodation is described as average-sized with standard ceiling heights. There is on-street parking and fast broadband and mobile signal in the area.
Notable negatives are plainly stated: the neighbourhood is classified as deprived with high crime levels, the plot and rooms are modest in size, and the façade and marketing artwork indicate the house will likely need cosmetic refurbishment and possible external maintenance. No internal or exterior photos accompany the listing, and further particulars (EPC, floorplan, full condition report) would be needed for a precise valuation.
Investors should note the tenancy is longstanding and the occupants reportedly intend to remain, which secures immediate rental income but may affect vacant-possession plans. A buyer’s premium is stated as applying to secure the purchase; review the Let Property Pack and tenancy documents before committing.
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