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1 bed flat
Albert Street, Newark NG24
£140,000
Albert Street, Newark NG24
£140,000
Our Summary
- Visit Airbuy and Sell to see the uk's largest supply of active and potential holiday homes/airbnbs/short-term rental properties for sale
- This destination enjoys year-round popularity with families and professional workers, the property has been demonstrating a great potential income, generating a steady revenue of £30 - £35K per annum, with excellent occupancy rates
Description
This property, The Old Victorian School, is a recently converted duplex apartment located in Newark-On-Trent, offering a unique and spacious living space with a homely feel. With a gross income of £31,044 per year and a net income of £18,880 per year, it provides a net yield of 13.5%. The property has a trading history available on request and has demonstrated a steady revenue of £30-£35,000 per annum with excellent occupancy rates. It features one double bedroom, one sofa bed, kitchen amenities, Wi-Fi, smart TV, free parking, and two bathrooms, making it an ideal destination for families and professionals alike. With its central location, just a 5-minute walk from the town center and river Trent, this property is a great opportunity for investors looking for a reliable and profitable short-term rental.