For Sale4 Bedroom Terraced House in Sneinton Hermitage, Nottingham, NG2£275,000
Property Type
Terraced House
Bedrooms
× 4
Price
£275,000
Key Features
- Generating around £30k net income per annum
- Terrace house
- Three storey property
- Investment opportunity
- Walking distance to the city centre
- No chain
Resources
Description
INVESTMENT OPPORTUNITY - This property has been converted in to 3 flats, Two are one bedroom flats and the top floor has two bedrooms. Within walking distance of the city centre and presents a rare opportunity to acquire a dwelling that has been adapted for rental purposes. Sold with no chain.
The three flats all have tenants in situ and currently generates;
Flat 1 £245 per week (inclusive of gas, electricity, and water)
Flat 2 £239 per week (inclusive of bills)
Flat 3 £220 per week (inclusive of bills) this agreement is due for increase upon renewal around March
Gross income £36,308 per annum
Net income in the region of £30,000 per annum
EPC band: C
Communal entrance hall – Has stairs rising to flats 2 and 3 and two doors to provide access to flat 1.
Flat 1
Lounge - 12’3 max x 12’3 – UPVC window to the rear, radiator and doors to access the bedroom and kitchen .
Kitchen – 9’9 x 9’5 – UPVC door and window to the side. The kitchen has matching wall and base units with worksurfaces over incorporating a single drainer stainless steel sink with a mixer tap and a four ring gas hob with tiled splashbacks and an extractor over. Built in electric oven, plumbing for a washing machine and a door to access the cellar.
Shower room – Has a low level w/c, pedestal wash hand basin and walk in shower cubicle with tiled splashbacks. UPVC opaque window to the side and a radiator.
Bedroom – 14’1 x 11’5 max – UPVC window to the front and a radiator.
Flat 2
Lounge – 12’4 x 9’4 – UPVC window to the rear and a radiator.
Lobby – Door to access the bedroom and access to the kitchen.
Kitchen – 9’8 max x 5’7 max – UPVC window to the front. Fitted with matching wall and base units with worksurfaces over incorporating a single drainer stainless steel sink with a mixer tap and a four ring stainless steel gas hob with an extractor over and tiled splashbacks. Built in eclectic oven and plumbing for a washing machine.
Bedroom – 14’3 max x 9’0 max – UPVC window to the front and a radiator.
Lobby – UPVC window to the side.
Bathroom – Has a low level w/c, pedestal wash hand basin with tiled splashbacks and a walk in shower cubicle.
Flat 3 – Stairs up to the landing
Landing –
Kitchen/living room – 14’0 max x 9’0 max – UPVC window to the front. Fitted with matching wall and baser units with worksurfaces over incorporating a single drainer stainless steel sink with a mixer tap and a four ring stainless steel gas hob with tiled splashbacks and an extractor over. Built in electric oven, plumbing for a washing machine, UPVC window to the front, radiator and a TV point.
Bedroom one – 10’1 x 7’2 – UPVC window to the front and a radiator.
Bedroom two – 9’5 max x 8’2 max – UPVC window to the rear and a radiator.
Shower room – Has a low level w/c, wash hand basin and walk in shower cubicle with tiled splashbacks. Radiator.
Outside – There is an enclosed garden which is accessed via the ground floor flat.
Disclaimer
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