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1 bed flat
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Our Summary
- GUIDE PRICE £120,000 - £135,000 FANTASTIC INVESTMENT OPPORTUNITY | IDEAL FIRST-TIME PURCHASE | SECURE PARKING Key Features One Bedroom ApartmentIdeal Investment or First-Time PurchaseTenant In SituApproximate Gross Yield of 7%–8%Secure Allocated Parking SpaceIntercom Entry SystemPopular & Convenient LocationStrong Rental Demand AreaExcellent Addition to Any PortfolioEasy Access to Nottingham City Centre & Transport Links Northwood are delighted to present this excellent one-bedroom apartment located within the popular William Bancroft Building, offering an ideal opportunity for buy-to-let investors, portfolio landlords and first-time buyers alike
- Currently achieving approximately £800 PCM, the property offers an attractive gross yield in the region of 7%–8%, making it a ready-made investment opportunity for landlords looking to expand their portfolio
- This well-presented apartment offers modern, low-maintenance living and excellent investment potential, appealing to both owner occupiers and investors alike
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Description
The property is a one-bedroom apartment located in the William Bancroft Building, offering secure parking and intercom entry access. It has an approximate gross yield of 7-8% through its current rental income of around £800 pcm, which translates to around £9,600 per annum. Internally, the apartment comprises an entrance hallway, open-plan living accommodation, a fitted kitchen, a double bedroom, and a bathroom.
It also benefits from secure parking and is conveniently located with easy access to local amenities, transport links, and Nottingham City Centre.