Summary -
8 Meadow Cottages,Netherfield,NOTTINGHAM,NG4 2FE
NG4 2FE
3 bed 1 bath Terraced
Immediate rental income from a tenant-ready Victorian terrace.
Freehold three-bedroom mid-terrace with rear private garden
Currently tenanted; annual gross income £10,740
Victorian terrace — small rooms, requires internal modernisation
On-street parking only; no garage or front garden
Area has above-average crime and very high deprivation
Medium flood risk — may affect insurance and mortgages
Excellent mobile signal and fast broadband connectivity
Suitable for investors/developers; check Let Property Pack for details
A three-bedroom mid-terrace in Meadow Cottages presented as a clear buy-to-let opportunity. The property is freehold, currently let to long-term tenants and producing an annual gross income of £10,740, offering immediate rental return for a purchaser seeking income from day one.
The house is a modest Victorian terrace with small rooms over two storeys, a rear private garden and on-street parking. The exterior appears sound but the interior will benefit from modernization; the listing notes it needs tidying and likely internal updating to maximise future rents or resale value.
Location factors are mixed: the NG4 postcode provides good transport links, excellent mobile signal and fast broadband, but the area has above-average crime, very high deprivation and a medium flooding risk. These are material considerations for underwriting rental prospects and insurance costs.
This lot suits investors or developers comfortable with estate refurbishment and management challenges: steady current income from an established tenant reduces immediate void risk, while refurbishment or active management could increase yields. Full particulars, EPC and the Let Property Pack should be reviewed for tenancy terms, repair liabilities and any purchase conditions.
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