2 bed Flat For Sale £120,000
Yieldit are pleased to bring to the market this ready-made buy-to-let investment, sold with a tenant in situ yielding a fantastic 5.5% net. The property is beautifully kept and has been recently redecorated to a fantastic standard and had a new kitchen fitted just this year. On the ground floor there is a spacious reception room leading to formal dining area which provides access to the wonderful rear garden and W.C. Upstairs there are two double bedrooms and family bathroom with three-piece suite and shower over bath. The property also benefits from gas central heating and UPVC double glazing.
Saxby Drive is ideally situated in the very much up-and-coming area of Mansfield, Nottinghamshire's largest market town. It’s just a short 10-minute drive from Mansfield town centre which has a market square, modern shopping centre, museum and a theatre. Mansfield train station is just over 3 miles away providing fast and frequent services and the city of Nottingham is just a 40-minute drive making it the ideal accommodation for commuters.
Investing in property in Mansfield is a brilliant idea, The Office for National Statistics shows that in the last year alone there has been an impressive 78% increase in the average property value in the town and an ambitious scheme of regeneration worth £17million is sure to only contribute to the desirability of the area. Plans include a mixed-use town centre with more eateries, workspace, employment opportunities, cultural, leisure and educational uses which will increase the number of visitors, provide a boost to the economy and drive up the demand for rental properties so now is the perfect opportunity to invest.
Financial Breakdown
Gross rent: £6,600
Net income: £6,600
Gross yield: 5.5%
Net yield: 5.5%
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-06937
Saxby Drive is ideally situated in the very much up-and-coming area of Mansfield, Nottinghamshire's largest market town. It’s just a short 10-minute drive from Mansfield town centre which has a market square, modern shopping centre, museum and a theatre. Mansfield train station is just over 3 miles away providing fast and frequent services and the city of Nottingham is just a 40-minute drive making it the ideal accommodation for commuters.
Investing in property in Mansfield is a brilliant idea, The Office for National Statistics shows that in the last year alone there has been an impressive 78% increase in the average property value in the town and an ambitious scheme of regeneration worth £17million is sure to only contribute to the desirability of the area. Plans include a mixed-use town centre with more eateries, workspace, employment opportunities, cultural, leisure and educational uses which will increase the number of visitors, provide a boost to the economy and drive up the demand for rental properties so now is the perfect opportunity to invest.
Financial Breakdown
Gross rent: £6,600
Net income: £6,600
Gross yield: 5.5%
Net yield: 5.5%
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-06937
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