Summary -
13, Jacklin Gardens,NOTTINGHAM,NG5 9JD
NG5 9JD
1 bed 1 bath Flat
Low-price buy-to-let with steady income and refurbishment potential.
Annual gross income £8,340 with long-term tenants in situ
Leasehold tenure — check remaining term and service charges
Buyers Premium applies on completion — factor into costs
Approx 463 sq ft; one bedroom, lounge, kitchen, bathroom
Requires cosmetic updating; worn flooring and walls reported
Shared front and rear garden; scope for external improvement
On-street parking only; no dedicated allocated parking
Location in very deprived area; above-average local crime rates
This one-bedroom leasehold flat in Top Valley is presented as a straightforward buy-to-let opportunity, currently producing an annual gross income of £8,340 with long-term tenants in situ. The accommodation is modest in size (approx. 463 sq ft) with front and rear shared garden space and on-street parking—practical features for a rental portfolio.
The property shows signs of wear and will benefit from cosmetic updating and some maintenance: laminate flooring and walls are described as worn and the living space needs refreshing. External areas are serviceable but would respond well to simple landscaping to improve kerb appeal and lettability.
Key investment considerations are clear: low entry price, existing rental income and tenant stability. Material negatives to note include the leasehold tenure, a Buyers Premium applying to the sale, above-average local crime rates, and the property’s location in a very deprived, hampered neighbourhood which may affect capital growth and management costs.
Serious investors and developers will find potential for added value through refurbishment and ongoing management efficiencies. An on-site inspection, full photographic schedule and review of the Let Property Pack and tenancy paperwork are recommended before offer to confirm condition, exact layout and lease terms.
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