2 bed Flat For Sale £120,000
This beautifully presented two bedroom apartment comprises of; an entrance hallway, open plan living area, two double bedrooms and a bathroom. Communal entrance, communal door into hallway up to the first floor with the door on the left hand side. Hallway, intercom and radiator. Available to move straight into or suitable for buy to let investment opportunity with potential for an impressive 7% Yield.
The apartment is located in the heart of the country and has fantastic links to both the motorway and via rail, London St Pancras can be reached in as little as 90 minutes. Huge inward investment has gone into Nottingham’s infrastructure to welcome an award winning tram system, to make the city even more accessible. The apartment is just a short walk from Nottingham Trent university, which was ranked 1 University in 2017 by Times higher education.
Nottingham is the fastest growing city in the East Midlands and Is currently embarking on an economic regeneration, with 250m southern gateway. £150m redevelopment has been assigned to retail centres, hotels, homes, and offices. Its strong growing economy making the city an attractive place to live, the job growth is higher than surrounding cities. It was one of the top performers across the UK in terms of job creation, leading to an influx of people looking for rental property.
Financial Breakdown
Gross rent: £7,800
Ground rent: £225
Service charge: £1,255
Net income: £6,321
Gross yield: 6.5%
Net yield: 5.27%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-18462
The apartment is located in the heart of the country and has fantastic links to both the motorway and via rail, London St Pancras can be reached in as little as 90 minutes. Huge inward investment has gone into Nottingham’s infrastructure to welcome an award winning tram system, to make the city even more accessible. The apartment is just a short walk from Nottingham Trent university, which was ranked 1 University in 2017 by Times higher education.
Nottingham is the fastest growing city in the East Midlands and Is currently embarking on an economic regeneration, with 250m southern gateway. £150m redevelopment has been assigned to retail centres, hotels, homes, and offices. Its strong growing economy making the city an attractive place to live, the job growth is higher than surrounding cities. It was one of the top performers across the UK in terms of job creation, leading to an influx of people looking for rental property.
Financial Breakdown
Gross rent: £7,800
Ground rent: £225
Service charge: £1,255
Net income: £6,321
Gross yield: 6.5%
Net yield: 5.27%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-18462
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