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3 bedroom semi-detached house for sale
Broxtowe Lane, Nottingham, Nottinghamshire, NG8
£185,000
Broxtowe Lane, Nottingham, Nottinghamshire, NG8
£185,000
Our Summary
- Broxtowe Lane, Nottingham NG8 5NA £185,000 | Tenanted Buy-to-Let | Long-Term Income Overview We are pleased to present this well-proportioned three-bedroom mid-terraced property, being sold with the current tenant in situ, making it an ideal turnkey investment opportunity
- Based on current market trends, there is scope to increase the rental income, delivering enhanced returns for a discerning investor
- 8% at market rent * Long-term tenant: In situ for around 12 years, reliable and well-maintained * Freehold property Property Features * Three bedrooms * One family bathroom * Spacious living and dining areas * Fitted kitchen * Ample parking * Generous garden space - ideal for families * Situated on a large plot offering potential for future enhancement Summary 216 Broxtowe Lane represents a rare opportunity to acquire a tenanted investment in a sought-after Nottingham location
- 5% and potential to reach up to 7
- 8% with rental alignment, this property offers immediate income, long-term tenant security, and growth potential
- Early viewing is highly recommended to appreciate the property, plot size, and investment potential
- Current rental income of £1,000pcm with potential to increase
Description
This well-proportioned three-bedroom mid-terraced property in Nottingham is being sold with a long-term tenant in situ, providing a stable income stream and peace of mind for investors. The property currently generates £1,000 per month in rent, with potential to increase the rental income and deliver enhanced returns. The asking price is £185,000, offering a current gross yield of 6.5% and potential to reach up to 7.8% with rental alignment. The property features three bedrooms, a family bathroom, spacious living and dining areas, a fitted kitchen, ample parking, and a generous garden space. With a long-term tenant and freehold ownership, this property represents a rare opportunity to acquire a tenanted investment in a sought-after location, ideal for buy-to-let investors seeking a turnkey investment with strong rental prospects.