INVESTMENT OPPORTUNITY! A great opportunity to acquire a period end terraced property which has been converted into three self-contained one bedroom flats set over three storeys. The properties are generating a gross annual income of £18,183 which represents a gross yield of 7.2%. All three properties are currently let on Assured Shorthold Tenancies.
- Investment opportunity
- Period three storey end terraced house
- Converted into three self-contained one bedroom flats
- Flat A to the ground floor
- Flat A with open plan living area/kitchen
- Flats B & C set over the first and second floors
- Flats B & C with lounge and separate kitchens
- All currently let on assured shorthold tenancies
- Rent includes utilities
- Great location close to the city centre
FLAT A (GROUND FLOOR)
Living Area
4.14m max x 3.56m max (13'7 max x 11'8 max)
Bedroom
4.50m x 3.61m (14'9 x 11'10)
Bathroom
2.03m x 2.01m (6'8 x 6'7)
FLAT B (FIRST FLOOR)
Living Area
4.32m x 2.72m (14'2 x 8'11)
Kitchen
2.21m x 2.08m (7'3 x 6'10)
Bedroom (Second Floor)
4.32m x 3.05m (14'2 x 10')
Bathroom (Second Floor)
2.08m x 1.47m (6'10 x 4'10)
FLAT C (FIRST FLOOR)
Living Area
4.22m max x 3.58m max (13'10 max x 11'9 max)
Kitchen
2.08m max x 1.80m max (6'10 max x 5'11 max)
Bathroom
2.03m x 1.47m (6'8 x 4'10)
Bedroom (Second floor)
4.22m max x 3.63m max (13'10 max x 11'11 max)
COUNCIL TAX BAND RATING
Nottingham City Council - Band A
This information was obtained through the directgov website. David James offer no guarantee as to the accuracy of this information.
DISCLAIMERS
These particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a contract. No person in the employment of David James Estate Agents Ltd has any authority to make any representation whatsoever in relation to the property. All services, together with electrical fittings or fitted appliances have NOT been tested.
MARKETING MATERIALS
All the measurements given in the details are approximate. Floor plans are for illustrative purposes only and are not drawn to scale. The position and size of doors, windows, appliances and other features are approximate only. The photographs of this property have been taken with a 10mm wide-angle lens. No responsibility can be accepted for any loss or expense incurred in viewing. If you have a property to sell you may wish to take advantage of our free valuation service.
THIRD PARTY REFERRAL ARRANGEMENTS
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:
W A Barnes Ltd: £60 including VAT.
All Moves UK Ltd: 18% including VAT of the invoice total (£107 including VAT average).
MoveWithUs Limited: £188 including VAT (average).
Branch Details
David James Mapperley
David James' Mapperley Branch is the company's head office and has been trading since 1991, having previously been an estate agency since 1974. Our residential lettings and property management division are also based within the building, along with our administration department. The branch has been a market-leading estate agency in the local area for many years.
Address:45B Plains Road, Mapperley, Nottingham, NG3 5JU
Call us:0115 962 4213 (option 1)
Opening times:9:00am - 5:30pm (Monday - Friday) 9:00am - 4:00pm (Saturday)
