Income-ready two-bed freehold with strong yield potential for investors.
Freehold two-bedroom bungalow, small overall size (≈517 sq ft)
Currently tenanted long-term; gross annual income £9,540
Approximate gross yield ≈9.1% at £105,000 purchase price
Shared front and rear garden; shared private off-street parking
Medium flooding risk; area classified as very deprived
High local crime level — factor into lettings/insurance costs
Small plot and modest finish; limited living space, redevelopment potential
Buyers Premium applies to secure the purchase
This freehold two-bedroom bungalow in NG6 is presented primarily as a buy-to-let opportunity. It is currently let long-term and produces a gross annual income of £9,540, giving an approximate gross yield of about 9.1% at the asking price of £105,000 — a clear draw for investors seeking immediate income.
The property is small (about 517 sq ft) with a traditional single-storey layout, modest front and rear shared gardens, and shared private off-street parking. Broadband speeds and mobile signal are both good, supporting tenant needs for connectivity. The current tenants have been in place for several years and indicate they wish to remain, reducing re-letting risk in the short term.
Material considerations are straightforward and should be factored into purchase plans: the area is described as very deprived with a high local crime level, and the site has a medium flooding risk. The bungalow is modest in finish (pebbledash exterior, standard ceiling heights) and sits on a small plot — it will appeal to investors or developers rather than buyers seeking sizeable living space or a pristine neighbourhood.
For buyers considering refurbishment, letting continuation, or resale to the rental market, the Let Property Pack contains tenancy details and financial schedules. A Buyers Premium applies on sale; ensure this and any remediation costs are included in your acquisition calculations.
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