Property With Potential logo Property With Potential - return to homepage
1 bed property, in Mansfield Road, £40,000
>

Sponsored Get a Survey — free quotes via ReallyMoving

1 bed flat

Mansfield Road, Nottingham NG5
£40,000
-38.5%

Price History

Initial price £65,000
May 1, 2024 £40,000
Price Change -38.5%

Our Summary

  • Modernisation Required Throughout
  • Don't miss out on this amazing investment opportunity in Central Nottingham
  • Don't delay - seize this fantastic investment opportunity today

Get alerted when similar properties are listed — Subscribe

Description

This second-floor apartment in Central Nottingham is a fantastic investment opportunity, currently let on an Assured Shorthold Agreement and generating a rental income of £6,075 per annum. The property offers comfortable living space with a large reception room, kitchen, spacious bedroom, and modern bathroom, located in a purpose-built block with amenities such as parking, lift access, and secure entrance. With a long leasehold of 145 years remaining, the property is a secure investment for the future.

The location is conveniently surrounded by essential amenities, with bus routes to the city centre easily accessible. Nottingham is a vibrant city with a rich history, cultural attractions, and a bustling city centre. The property has a council tax band of A and an energy performance certificate rating of D, and with an annual service charge of £1,693 and a ground rent of £100, it offers great value for money.