An excellent investment opportunity to acquire two self-contained flats within one freehold property, offered to the market with tenants currently in-situ and with no upward chain. Sold as a single investment, this versatile property provides an immediate income stream and represents an attractive addition to a growing portfolio. Positioned in a convenient and well-connected location, the property sits close to Sherwood’s vibrant amenities including shops, cafes, restaurants and regular bus services providing straightforward access to the City Centre and surrounding areas. This accessibility ensures strong ongoing tenant appeal.
The property forms a three-storey semi-detached house which has been arranged into two individual flats: one ground floor and the other two storey first-floor.
Flat 1 – Ground Floor
The ground floor flat is accessed via the rear of the property where an entrance hallway provides an organised introduction to the accommodation. From here there is access to a modern two-piece bathroom suite with electric shower over the bath and a separate WC. The delightful breakfast kitchen is equipped with a range of base and wall units with an integrated oven and hob. There is space for freestanding appliances while a charming side bay window adds natural light. An internal hallway leads through to the bright front-facing lounge, offering a generous living area ideal for relaxing. To the rear sits the bedroom overlookingthe communal garden, enhanced by a partial bay window that adds character to the room. Additional practical space is provided by two useful cellar rooms, ideal for storage.
Flat 2 – Second Floor (Two-storey)
The second flat is arranged across two upper floors and is presented in neutral decorative tones, creating a light and welcoming interior. An entrance hallway accessed via the front aspect of the ground floor provides space for coats and shoes and leads to the first-floor accommodation. At the front of the property is a bright and spacious lounge where a large window allows an abundance of natural light to fill the room. The dining kitchen offers ample space for freestanding appliances, table and chairs and provides a practical area for cooking and informal dining. Also on this level is a well-proportioned single bedroom to the front aspect alongside a modern white two-piece bathroom suite, which benefits from a useful storage cupboard, and a separate WC. Stairs rise to the second floor where the large main double bedroom creates an impressive principal sleeping space with excellent proportions.
Outside
To the rear of the property lies a good-sized communal garden designed for low maintenance. The space provides a pleasant outdoor area for residents and offers potential for off-street parking (subject to the necessary permissions).
This property presents a rare chance to secure two income-producing flats within a single freehold title in a well-placed location with strong rental appeal, making it an appealing proposition for investors seeking an immediate and straightforward addition to their portfolio.
The estimated rental income for both apartments is in the region of £1500 and £1590 per calendar month, equating to £18,000 to £19,080 per annum. This represents a gross yield of approximately 6.67 % to 7.07%.
Please be aware that this listing contains digitally furnished images for demonstration purposes only.
These particulars are produced in good faith and are set out as a general guide only. Please note that all measurements quoted are approximate and are the maximum measurements for the space. Floor plans are for illustrative purposes only. Services have not been tested.
David James Estate Agents have established professional relationships with third-party suppliers for the provision of services to Clients. As remuneration for this professional relationship, the agent receives referral commission from the third-party company. David James Estate Agents receives the following commission from each third party supplier on a per referral basis:
All Moves UK Ltd: 18% including VAT of the invoice total (£107 including VAT average) MoveWithUs Limited: £188 including VAT (average)
