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1 bedroom flat for sale
The Cranfield, Hine Hall, Mapperley, Nottingham, NG3
£80,000
The Cranfield, Hine Hall, Mapperley, Nottingham, NG3
£80,000
Our Summary
- This well-presented one bedroom ground floor flat offers an excellent investment opportunity for buy to let investors, with tenants already in situ and a strong rental yield of 11
- Energy efficiency is another key benefit, with an EPC rating of C and the potential to achieve a B rating with minor upgrades (subject to assessment)
Description
This one-bedroom ground floor flat is a prime buy-to-let investment opportunity, priced to sell and currently let to tenants at £750 per month. With a strong rental yield of 11.25% per annum, this property offers a hassle-free addition to any portfolio. The flat benefits from a long leasehold tenure with approximately 962 years remaining, zero ground rent, and an annual service charge of £1,800. The property is well-presented, featuring a spacious living and dining room, modern kitchen, double bedroom, and contemporary bathroom. With an EPC rating of C and the potential to achieve a B rating with minor upgrades, this flat is an attractive option for tenants. Situated in a sought-after location, this property is offered exclusively to buy-to-let investors and is ready to generate returns from day one.