Tenanted freehold with strong rental yield and refurbishment potential.
Tenanted with immediate income; gross yield ≈7.6% at guide price
Freehold mid-terrace; three bedrooms, fitted kitchen, reception room
Small front and enclosed rear garden with patio and outhouse
Ultrafast broadband available; excellent mobile signal
System-built post‑war construction; likely no cavity insulation
Area shows high crime and very high deprivation levels
Official sources flag high flood‑risk; no flooding recorded last five years
Requires inspection/survey for non‑standard construction and mortgage eligibility
This mid-terraced three-bedroom house in Bulwell is offered freehold with tenants in situ and no upward chain, making it immediately income-producing. Current rent of £828.79pcm yields about 7.6% gross on the guide price, positioning the property as a straightforward buy-to-let addition. The layout includes a reception room, fitted kitchen, three bedrooms and a three-piece bathroom; gas central heating and double glazing are in place.
The plot is small but useable, with a lawned front garden and enclosed rear garden with patio, shrubs and a brick outhouse. Connectivity is strong: ultrafast broadband options and excellent mobile signal support modern tenants. Local amenities, schools and frequent bus links are within easy reach, which helps sustain lettings.
Buyers should note material issues: the home is post-war system-built construction likely without insulation and flagged as non-standard construction; buyers should commission surveys and mortgage checks. The area records high crime levels and significant deprivation, which may affect tenant demand and long-term capital growth. Official sources indicate a higher flood-risk classification despite no flooding in the past five years.
This property suits investors seeking immediate rental income and opportunity to add value through targeted refurbishment (insulation, modern finishes). It is less suited to buyers seeking a low-risk, long-term family home without further investment or those who require a move-in-ready finish.