Summary - 91 THE COACH HOUSE NOTTINGHAM ROAD EASTWOOD NOTTINGHAM NG16 3AJ
3 bed 3 bath Detached
- Newly renovated three-bedroom detached house with en suites to every bedroom
- Currently fully let with income of £18,000 per year
- Compact internal size: 564 sq ft; small enclosed block-paved garden
- New double glazed windows, new electric boiler and central heating
- Sold via online auction: starting bid £130,000; 5% non-refundable deposit
- Area classified as very deprived with high local crime — affects risk profile
- Fast broadband and excellent mobile signal; town centre location near amenities
- Auction sale carries reservation fees (up to 6% inc VAT) and legal pack requirements
A compact, newly renovated three-bedroom detached property in Eastwood set up as an HMO with en suites to all bedrooms — built and fitted for rental income. It is currently fully let, producing £18,000 per annum, and benefits from new double glazing, a new electric boiler and central heating, plus a refitted kitchen. The house is small (564 sq ft) with a small enclosed block-paved garden and secure gated access.
This lot is for sale via online auction with a starting bid of £130,000 and will require a 5% non-refundable deposit on exchange plus a potential reservation fee (up to 6% inc VAT). The property is freehold and comes with fast broadband and excellent mobile signal, positioned in Eastwood town centre close to shops, services and several good-rated primary and secondary schools.
Buyers should note material considerations: the property sits in a very deprived area with high local crime levels and a small overall footprint — factors that may affect long-term capital growth and tenant profiles. The sale is subject to auction terms and a legal pack is available; purchasers must complete AML verification and accept auction-specific fees and deposit requirements before bidding.
For an investor seeking immediate rental income and minimal initial work, this ready-let, recently refurbished property offers an immediate yield. For owner-occupiers or those seeking space and tranquillity, the compact size, urban location and local crime statistics mean careful consideration is advised.
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