Freehold Apartment Block Generating £1,650 PCM
Location – Nottingham
Price – £285,000
Key Investment Facts
- Freehold block of apartments
- 2 x 1 bedroom flats and 1 x 2 bedroom flat
- 2 miles from Nottingham city centre
- £19,800 gross rental income per annum
- Up to £906 pcm NET rental income AFTER mortgage & management deduction
- Up to 15.3% NET return on investment per annum
- Parking, GCH, modern fitted kitchens and flooring included
- Managed by our local agency
Invest into one of the UK’s strongest BTL markets which will offer investors strong growth, strong yields and a sustained rental demand. This small freehold block is perfect for investors who desire a high monthly cash flow of over £900 pcm after mortgage and management deductions.
The 3 apartments within the development will consist of the following:
- Flat A – 1 bedroom ground floor apartment – rent £500 pcm
- Flat B – 1 bedroom ground floor apartment – rent £500 pcm
- Flat C – 2 bedroom first floor apartment – rent £650 pcm
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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.