Summary - 43 LEES HILL STREET NOTTINGHAM NG2 4JW
2 bed 1 bath Terraced
Two-bedroom Victorian mid-terrace with tenant in situ and immediate rental income.
- Two double bedrooms and one bathroom, 679 sq ft
A compact Victorian mid-terrace offering straightforward investment potential in Sneinton, just minutes from Nottingham city centre. The freehold property has two double bedrooms, a living room with bay window and period features, a fitted kitchen and a contemporary bathroom. It is currently tenanted until 3 June 2026 at £850pcm, providing immediate rental income and an indicative yield around 6% at the asking price.
The house is solid brick construction (c.1900–1929) with double glazing (install date unknown) and gas central heating via boiler and radiators. The footprint is about 679 sq ft on a very small plot with a low-maintenance rear courtyard. Broadband speeds are fast and mobile signal is excellent — practical advantages for tenants and short-term lettings.
Buyers should note material drawbacks: the immediate neighbourhood records very high crime and the local area is very deprived, which can affect tenant profiling and future capital growth. Walls are assumed to be uninsulated solid brick, so energy efficiency upgrades may be needed; the EPC rating referenced is D. Council tax is very cheap, which helps running costs.
This property suits investors seeking an income-producing buy with minimal initial work and city-centre proximity, or buyers prepared to renovate for improved energy performance and longer-term uplift. The tenancy in place offers headline income straight away, but factor in local area challenges and potential retrofit costs when assessing return and suitability.
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