4 bedroom terraced house for sale
Key information
Property description & features
- Spacious Ground Floor
- Comfortable Bedrooms
- Strong Yield
- No Onward Chain
- Two Bathrooms
- Great location for Students
Introducing a fantastic investment opportunity in the highly desirable Lenton area of Nottingham. This four-bedroom home is perfectly positioned for student accommodation, being close to the Nottingham University campus. With spacious living areas and strong rental potential, this property is an excellent choice for savvy investors.
Key Features:
Spacious Ground Floor: Featuring two reception rooms, ideally suited for use as a living room and dining room, a fitted kitchen diner, and a modern downstairs bathroom with a shower.
Comfortable Bedrooms: The first floor includes two bedrooms and a second shower room, providing convenience and privacy. The top floor houses two additional double bedrooms, each equipped with sinks, enhancing tenant comfort.
Well-Maintained: The property is in good condition, ready for students to move in and enjoy.
High Rental Potential: We anticipate investors can rent the rooms out for £125 per person per week (exclusive of bills), generating a gross annual income of £26,000.
Financial Highlights:
Strong Yield: With a gross yield of 11.3%, this property offers a solid return on investment, making it a compelling option for investors seeking high yields in a high-demand area.
Additional Information:
No Onward Chain: The property is available with no onward chain, ensuring a smooth and efficient purchase process.
Location:
Situated in the vibrant student hub of Lenton, this property benefits from its close proximity to Nottingham University, local amenities, and excellent public transport links. The area is known for its strong student community and convenient access to the city centre.
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Broadband availability and predicted speed: obtained from Ofcom on December 22, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on December 22, 2021
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on September 29, 2019 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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