Compact, city-edge property with strong rental potential and straightforward ownership.
Three double bedrooms including master with ensuite
This three-double-bedroom Victorian terrace on Perlethorpe Avenue sits a short walk from Nottingham city centre and offers clear investor potential. Set over three storeys with a cellar and an enclosed rear garden, the layout supports multiple tenancy layouts or family rental use. The master bedroom’s ensuite and separate reception rooms increase letting appeal and flexibility.
The property is freehold and sold with no upward chain, which simplifies purchase and re-letting. Constructed before 1900, the house retains period character in a compact footprint (approx. 656 sq ft), but its solid-brick walls are likely uninsulated — expect basic energy improvements to meet modern tenant expectations and reduce running costs.
Be frank about local conditions: the immediate area shows very high crime levels and very high deprivation, which can affect tenant profile and management overheads. Broadband speeds are average but mobile signal is excellent, and council tax is very low, which can appeal to cost-conscious tenants.
For a hands-on investor this property is a practical, reasonably priced entry into a high-demand rental market close to the city. Budget for targeted refurbishments (insulation, potential modernisation of kitchen and bathroom) and factor in lettings and management strategies that reflect local area challenges.
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