3 bedroom Terraced House in Nottingham

Flat 1, 2 and 3, 15 Beech Avenue, New Basford, Nottingham NG7 7LJ
  • Property Type: Terraced House
  • Contract Type: Split fee

Guide Price* £190,000+ plus fees

Property Description

Offering a fantastic investment opportunity over three storeys, featuring three fully self-contained flats, all currently tenanted and generating a strong annual gross rental yield of approximately 8.6%, Each flat includes a double bedroom, a shower suite/bathroom, a kitchen, and a living space, providing comfortable accommodation for tenants. To the rear, a private enclosed garden adds further appeal. Situated in a prime location and fully let, this property is a highly lucrative addition to any investment portfolio. The property is ideally situated, surrounded by numerous amenities and green spaces. It benefits from easy access to award-winning public transport, including the Wilkinson Street tram stop, and is conveniently located near major roadways such as the A6514, A610, and A611. Construction - Solid brick Flood risk - Medium Mobile coverage - O2, EE, Three and Vodafone Satellite and cable TV - BT, Sky and Virgin Broadband - Standard, Superfast and Ultrafast

Flat One

Current rental income - £425 per calendar month


Flat Two

Current rental income - £480 per calendar month


Flat Three

Current rental income - £450 per calendar month


Tenure

Freehold