Summary - THE JUNCTION 5 STATION TERRACE HUCKNALL NOTTINGHAM NG15 7QZ
2 bed 1 bath Flat
Immediate income with renovation potential close to Nottingham transport links.
Long-term tenants in situ, producing £7,800 gross annually (approx. 9% yield)
Open-plan living/kitchen/dining with Juliet balcony and natural light
Allocated off-street parking space
Leasehold with ~80 years remaining — lenders may refuse mortgages
Small overall size (581 sq ft) — compact two-bedroom layout
Property shows some wear; light renovation likely to boost value
Area records above-average crime and higher deprivation indicators
Excellent mobile signal and fast broadband; good transport links to Nottingham
This two-bedroom leasehold flat in The Junction, Hucknall, offers immediate rental income with long-term tenants in situ and an estimated gross yield of around 9% at the current asking price. The apartment sits on the first/upper floor of a modern three-storey brick development and features an open-plan living/kitchen/dining area and a Juliet balcony that brings natural light into the principal space.
Practical benefits include an allocated off-street parking space and fast broadband and mobile coverage, useful for tenants or short-term remote workers. Nearby transport links provide straightforward access to Nottingham, while local schools and amenities are all within easy reach — factors that support steady tenant demand.
Notable cautions: the property is leasehold with approximately 80 years remaining, which may restrict mortgage availability and will concern some buyers. The wider area records above-average crime and higher local deprivation indicators, which can affect long-term capital growth and tenant profile. The living area shows some wear and likely needs light renovation to maximise rental value.
This opportunity is best suited to experienced investors or developers who can purchase with existing tenancy in place, assess leasehold implications, and plan any targeted improvements. A Let Property Pack is available for detailed investment figures and tenancy documentation; a buyer’s premium applies on purchase.
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