Summary - 16 KENSINGTON CLOSE SUTTON-IN-ASHFIELD NG17 1EJ
6 bed 3 bath Semi-Detached
Income-producing house with scope for rental uplift and refurbishment.
- Six bedrooms and three bathrooms across a freehold semi-detached house
- Current annual gross rental income £21,600 (tenants in situ)
- Approximate gross yield about 5.7% at the listed price
- Decent plot size with garden; multiple lounges and modern kitchen
- Area classed as very deprived with high local crime levels
- Tenants in place; buy-to-let transfer simplicity but limited vacant possession
- Buyers Premium applies on sale; factor into total purchase cost
- Broadband average; mobile signal excellent
This six-bedroom semi-detached property in Sutton-in-Ashfield is offered as part of a small portfolio with long-term tenants in situ, making it a straightforward buy-to-let for investors seeking immediate income. The portfolio currently produces an annual gross income of £21,600, equivalent to an approximate gross yield of 5.7% at the asking price of £380,000. The house is freehold and includes six bedrooms, three bathrooms and a decent-sized garden and plot.
Accommodation includes multiple lounges and a modern kitchen layout, providing standard rental appeal for larger households and sharers. The property benefits from excellent mobile signal, average broadband and many nearby amenities and schools, several of which have Good Ofsted ratings — useful for tenant demand and lettings marketing.
Material factors for buyers to consider: the area is classified as very deprived and experiences high crime levels, which can affect rental levels, void risk and management costs. Tenants are currently situated; further investment in maintenance or refurbishment may be required to maximise future rents and capital growth. A Buyers Premium will apply on sale — this will affect purchase cost and should be factored into investor returns.
Interested parties should refer to the Let Property Pack for full tenancy schedules, income details and legal information. This opportunity suits investors or developers seeking an income-producing asset with potential for rental uplift after targeted works and active estate management.
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