Summary - 11 RUSSELL STREET SUTTON-IN-ASHFIELD NG17 4BE
2 bed 1 bath End of Terrace
Ready income or renovation opportunity near M1/A38 with long-term tenant or vacant possession.
Currently let at £620 pcm, gross yield approx. 6.5%
A two-bedroom end-of-terrace in Sutton-in-Ashfield offered as a ready buy-to-let or for owner-occupier refurbishment. The property currently produces £620 pcm (gross yield ~6.5%) with a long-term tenant in situ; vacant possession can be provided on completion if preferred. Practical features include a combination boiler, UPVC double glazing, two reception rooms and an enclosed rear lawn.
The house is solid-brick Edwardian terrace stock with straightforward room proportions: two double bedrooms, a fitted kitchen with oven and hob, and a bathroom with bath and separate shower. On-street parking keeps maintenance low and the small rear garden and outhouse add useful outdoor and storage space. Transport links are strong (near M1/A38) and local amenities and schools are close by.
Notable negatives are material to buyer planning: the property sits in a higher-crime, economically deprived area and the solid brick walls likely lack insulation, presenting thermal-efficiency and retrofit costs. The Electrical Installation Condition Report on file is from 2019 and further testing is recommended. Interior condition is serviceable but largely basic; modernising could increase rental or resale value.
This home suits investors seeking an immediate income stream or buyers wanting a manageable renovation project in an accessible town location. Factor in potential remedial and improvement costs when calculating future yield or mortgage affordability.
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