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3 bedroom terraced house for sale
Commercial Road, Nottingham, NG6
£130,000
Commercial Road, Nottingham, NG6
£130,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- Investment potential detailed below (Let Property Pack)
Description
This 3-bedroom mid-terrace house in Nottingham is an attractive investment opportunity, with a current annual gross income of £7,800 that could be increased to £12,492 with a new owner. The property features three spacious bedrooms, a bathroom, lounge, kitchen, and dining area, as well as a garden ground space. With a tenant already in place who has consistently paid rent for several years and has no intention of moving out, this property offers a stable and lucrative investment opportunity. The current rental income is significantly below market rate, providing the new owner with the potential to increase returns by negotiating a higher rent with the existing tenants or finding new tenants at a higher rate.