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1 bedroom flat for sale
Hine Hall, Mapperley, NG3
£80,000
Hine Hall, Mapperley, 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 fantastic investment opportunity for buy-to-let investors, with tenants already in situ and a strong rental yield of 11.25% per annum. The property is priced to sell and offers a hassle-free addition to any portfolio. With a long leasehold tenure and no ground rent to pay, the flat provides peace of mind for the long term. The interior features a spacious living and dining room, modern kitchen with granite worktops, a well-proportioned double bedroom, and a contemporary bathroom. The property also benefits from herringbone wood flooring, classic lighting fixtures, and electric heating units. With an EPC rating of C and the potential to achieve a B rating with minor upgrades, the flat is energy-efficient and appeals to tenants. The annual service charge is £1,800, and the property is situated within Council Tax Band A, offering lower running costs. This is a rare opportunity to acquire a low-maintenance, high-yield property that is ready to generate returns from day one.