2 bed Flat For Sale £90,000
Yieldit are pleased to present to the market a tenanted investment opportunity producing a healthy yield within walking distance of Ilkeston town centre. The first-floor apartment consists of an entrance hallway; a lounge; a modern fitted kitchen with integrated appliances; two good-sized bedrooms, a master with fitted wardrobes; a bathroom with a white suite and a shower over bath. The apartment further benefits from double glazing, central gas heating, and an off-road allocated parking space.
This property is located in the market town of Ilkeston, Derbyshire. This town is the perfect location for commuters as Ilkeston is less than a 30-minute drive away from both Nottingham and Derby city centres, giving residents lots of incredible attractions to explore such as Nottingham's famous Sherwood Forest and Derby's fantastic range of festivals and historical landmarks. Ilkeston itself has no shortage of things to do either with plenty of shops, cafes, restaurants and leisure areas including bowling, tennis and a cinema. This property is less than a 5-minute drive away from Ilkeston's town centre and has great transport links, with the train station being just a 3-minute drive away and the M1 motorway is nearby, allowing tenants to easily access many of the UK's major cities.
Derbyshire is a great place to invest with its high yields and even higher rental demand. This is due to the county's central location, access to 5 of the UK's biggest cities and large companies such as Nestle, Toyota and jcb which have already made major investments in the area, creating hundreds of jobs. Interest in this property is sure to be high so enquire today to avoid disappointment!
Financial Breakdown
Gross rent: £6,600
Ground rent: £120
Service charge: £1,200
Net income: £5,280
Gross yield: 7.33%
Net yield: 5.87%
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-07141
This property is located in the market town of Ilkeston, Derbyshire. This town is the perfect location for commuters as Ilkeston is less than a 30-minute drive away from both Nottingham and Derby city centres, giving residents lots of incredible attractions to explore such as Nottingham's famous Sherwood Forest and Derby's fantastic range of festivals and historical landmarks. Ilkeston itself has no shortage of things to do either with plenty of shops, cafes, restaurants and leisure areas including bowling, tennis and a cinema. This property is less than a 5-minute drive away from Ilkeston's town centre and has great transport links, with the train station being just a 3-minute drive away and the M1 motorway is nearby, allowing tenants to easily access many of the UK's major cities.
Derbyshire is a great place to invest with its high yields and even higher rental demand. This is due to the county's central location, access to 5 of the UK's biggest cities and large companies such as Nestle, Toyota and jcb which have already made major investments in the area, creating hundreds of jobs. Interest in this property is sure to be high so enquire today to avoid disappointment!
Financial Breakdown
Gross rent: £6,600
Ground rent: £120
Service charge: £1,200
Net income: £5,280
Gross yield: 7.33%
Net yield: 5.87%
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-07141
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