2 bed Flat For Sale £100,000
Yieldit are pleased to present to the market this superb investment opportunity, being sold with a tenant in situ yielding over 5.5% net. The duplex apartment is part of a well-maintained and purpose-built block consisting of; entrance hallway; living room; fully-fitted kitchen; two well-proportioned bedrooms; master with fitted wardrobes; modern bathroom with three-piece suite and an allocated parking space.
Bourne Drive is located in the popular residential location of Langley Mill, home to an array of amenities, shops, schools and excellent transport links with easy access to the M1, A38 and Langley Mill train station which is just a 5-minute walk from the property with regular services running between Nottingham, Leeds, Sheffield, Liverpool and London making ideal for those wishing to travel for work and pleasure. Langley Mill is perfectly situated on the Nottingham and Derbyshire border, with Nottingham being the junction between the East and West and North and South, with all UK regions within reach in two hours making it an ideal transport hub.
Nottingham is a fantastic city for property investment, with affordable house prices, good rental yields and strong capital growth, particularly in the postcode of NG16 where prices have increased by an impressive 9% within the last year which makes a 15% increase from 2019’s figures (Rightmove). It’s also the home of two globally renowned universities which provide a growing student and graduate population driving the demand for rental properties such as this one. In addition to this, the town centre is soon to be dramatically transformed with a £250million cash injection to create improved shopping, leisure, restaurant facilities in a vibrant new environment. Don’t miss out on this opportunity to invest in Nottingham and enquire today!
Financial Breakdown
Gross rent: £5,940
Service charge: £348
Net income: £5,592
Gross yield: 5.94%
Net yield: 5.59%
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-06852
Bourne Drive is located in the popular residential location of Langley Mill, home to an array of amenities, shops, schools and excellent transport links with easy access to the M1, A38 and Langley Mill train station which is just a 5-minute walk from the property with regular services running between Nottingham, Leeds, Sheffield, Liverpool and London making ideal for those wishing to travel for work and pleasure. Langley Mill is perfectly situated on the Nottingham and Derbyshire border, with Nottingham being the junction between the East and West and North and South, with all UK regions within reach in two hours making it an ideal transport hub.
Nottingham is a fantastic city for property investment, with affordable house prices, good rental yields and strong capital growth, particularly in the postcode of NG16 where prices have increased by an impressive 9% within the last year which makes a 15% increase from 2019’s figures (Rightmove). It’s also the home of two globally renowned universities which provide a growing student and graduate population driving the demand for rental properties such as this one. In addition to this, the town centre is soon to be dramatically transformed with a £250million cash injection to create improved shopping, leisure, restaurant facilities in a vibrant new environment. Don’t miss out on this opportunity to invest in Nottingham and enquire today!
Financial Breakdown
Gross rent: £5,940
Service charge: £348
Net income: £5,592
Gross yield: 5.94%
Net yield: 5.59%
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-06852
2 bed Flats For Sale Bourne Drive
2 bed Flats For Sale Calvert Close
2 bed Flats For Sale West Street
2 bed Flats For Sale Regent Street
2 bed Flats For Sale Thompson Street
2 bed Flats For Sale Station Road
2 bed Flats For Sale Orchard Street
2 bed Flats For Sale Wesley Street
2 bed Flats For Sale North Street
2 bed Flats For Sale Ebenezer Street
2 bed Flats For Sale Calvert Close
2 bed Flats For Sale West Street
2 bed Flats For Sale Regent Street
2 bed Flats For Sale Thompson Street
2 bed Flats For Sale Station Road
2 bed Flats For Sale Orchard Street
2 bed Flats For Sale Wesley Street
2 bed Flats For Sale North Street
2 bed Flats For Sale Ebenezer Street
