High-yield let in central Nottingham with garage and tenants in place.
Three bedrooms in a compact 766 sq ft layout
Tenants in situ, current rent £810 PCM (approx 10.8% yield)
Leasehold with ~77 years remaining — may affect mortgage availability
Requires full modernisation; dated interiors and fixtures
Garage in a block plus shared rear parking included
Solid brick construction; likely no cavity wall insulation
Above‑average local crime and higher area deprivation
Excellent mobile signal and fast broadband, close to train station
This three-bedroom, leasehold apartment on Western Boulevard offers clear investor potential with tenants in situ paying £810 PCM (approximately 10.8% yield). At 766 sq ft it’s compact but contains the usual living spaces plus a garage in a block and shared parking to the rear — useful for lettings or resale appeal.
The property requires modernisation throughout; decor and fixtures are dated and the vendor notes renovation is needed. The building is a mid‑20th century solid brick construction with double glazing installed post‑2002, gas central heating via boiler and radiators, and no assumed cavity insulation in the solid walls.
Important matters: the lease has about 77 years remaining. That is short enough to affect mortgageability — some lenders may refuse lending. The wider neighbourhood is classed as deprived with above‑average crime rates, so buyer suitability is primarily for investors or experienced renovators aware of local market conditions.
Practical positives include excellent mobile signal and fast broadband, reasonable public transport links towards Nottingham city centre and the train station, several nearby good schools, and an existing rental stream. This unit will suit buyers seeking a value-entry investment with renovation upside, rather than those wanting a turnkey family home.
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