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Property ID: 212889995
Offers Over
£59,995
Location
Kent Street, Nottingham, NG1 3BW
Bedrooms
0.5
Type of property
Flat

Additional Benefits

Fully Pre Checked by Let Property
Available First Come, First Serve
Over £1 Billion of UK Investment Property Sold.
Enquire for Detailed Returns Breakdown.
Monthly Income
£7,475
Current Yield
149.6%
Tenancy status
Vacant
Capital Appreciation
+4.4%
Exclusive Investment Grade Opportunity

Our latest listing is a studio Flat in Nottingham. It is near valuable amenities, can generate rewarding rental returns, and has a tenant currently residing there.


For investors looking to expand their portfolio, this is a fantastic opportunity!


This well-kept home features a spacious studio, a lounge, a three-piece bathroom, a kitchen, and a resident gym facilities.


Investment details


It currently produces an annual gross income of £8,970. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.


Please see the Let Property Pack linked below for greater details on this property's investment potential.


If you are interested, please call us.


Tenancy Details


The current tenants have lived in the property for several years and have consistently paid their rent for their stay. They do not intend to move out so they hope to remain in the property.


Let Property Sales is committed to facilitating a smooth transaction process. To ensure maximum commitment from both parties to the sale, a fully refundable buyer's premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non-completion.

Cash Purchase
Mortgage
Purchase Price
Assumed purchase price based on home report value
Stamp Duty Tax
Est. Legal Fees
Monthly Running Costs
Letting Agency Fees
Ownership Costs
What are these?
Calculated Returns
Capital appreciation calculated based on location, property type, and market value. Learn more
Current Rent
Potential Rent
Purchase Costs
Net Rental Income7475/mo
Monthly Capital Appreciation/mo
Total Net Returns/mo
Total ROI
Current Monthly Rent𝐢
£7475 pcm
Current Rental Yield𝐢
149.6%
Potential Market Value Rent𝐢
£7475 pcm
Potential Rental Yield𝐢
149.6%
Estimated Monthly Capital Appreciation𝐢
£220
Area Capital Appreciation Rate𝐢
+4.4%

Tenancy Checks

Tenancy Agreement

Proof of Rental Income documentation has been verified against the rental amount in the Tenancy Agreement by Let Property.

Proof of Rental Income

Recent Proof of Rental Income has been Verified by Let Property

Length of Tenancy

Length of Tenancy has been verified by Let Property by reviewing the date from when the provided tenancy documentation began.

Tenant Means of Funding

Employment

Tenant means of funding has been verified as Employment by Let Property.

Property Checks

Property Tenure

Verified as Leasehold with 170 years on lease

EICR

EICR documentation has been provided to Let Property and has been Verified.

Gas Safety

Gas Safety documentation has been provided to Let Property and has been Verified.

HMO License

HMO License documentation has been provided to Let Property and has been Verified.

Council Tax Band

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EPC Rating

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Interactive street-level view of the property location and surrounding area.

Ground Rent
Leasehold
Est. Insurance Costs
unknown
Factor Fees
279
Factor Name
unknown
Total Estimated Costs
279
Offers Over
£59,995
Location
Kent Street, Nottingham, NG1 3BW
Bedrooms
0.5
Type of property
Flat

Additional Benefits

Fully Pre Checked by Let Property
Available First Come, First Serve
Over £1 Billion of UK Investment Property Sold.
Enquire for Detailed Returns Breakdown.
Loading...
Yearly Net Profit
Current Yearly Rent
i
£89,700
Annual Capital
Appreciation
i
£1,200
Estimated Yearly Mortgage Payment
i
£3,316
Yearly Ground Rent
i
£24
Service Charge
i
£279
Other Yearly Costs
i
£0
Annual Net Returns
£87,281