Block of 5 apartments – £30,300 GROSS Income PA
Location – Nottingham
Price – £350,000
Key Investment Facts
- FREEHOLD block of apartments in Nottingham
- Only £350,000 for the lot
- FULLY tenanted at £2,525PCM
- Only 1.7 miles to City Centre and University
- Potential to add INSTANT value by adding a further 2 x 2BED apartments (subject to planning)
The properties generate an 8% NET rental yield (if buying cash). There is 4 x 2BED and 1 x studio apartment with the FREEHOLD. The apartments were converted in 2012 and are immaculately presented!
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Please Note: Property values can decrease as well as increase. No express or implied income claims are made herein. Historic performance should not be taken as a guarantee of future performance. Leveraged property investment with mortgage finance can increase the risk of losing money as well as increasing the possible gains.
Sherwood Estate Agency Ltd uses all reasonable efforts to ensure that the property information published on the website and in the investment packs and elsewhere are accurate, current and complete at the date of publication; no warranties or representations are made or implied as to the accuracy of such information.