Acton Avenue, Basford, Nottingham, NG6
2 bedroom Terraced House For Sale
OIRO £110,000 | For Sale
Nottingham
568 Mansfield Road,
Sherwood,
Nottingham,
NG5 2FS,
England
INVESTMENT OPPORTUNITY – TWO-BEDROOM PROPERTY WITH TENANTS IN SITUActon Avenue, New Basford, Nottingham, NG6 0AY
Offers Over £110,000 | Rental Income £500 PCM | Gross Yield 5.45%
Northwood are pleased to bring to the market this two-bedroom property on Acton Avenue, New Basford, offering an excellent opportunity for property investors seeking an established rental income.
The property is being sold with long-standing tenants in situ who have occupied the property for over 26 years, providing a current rental income of £500 per calendar month, equivalent to £6,000 per annum.
Based on the asking price of £110,000, this represents an approximate gross rental yield of 5.45%, making this an attractive proposition for landlords looking to expand their property portfolio.
Situated in a popular residential location, the property benefits from convenient access to local amenities, shops and transport links, providing connections to Nottingham City Centre and surrounding areas.KEY FEATURES
The long-standing tenancy may appeal to purchasers seeking continuity of rental income, subject to satisfactory checks of the tenancy agreement and rental history.LOCATIONActon Avenue is situated in the popular area of New Basford, Nottingham, conveniently positioned for local amenities, shops and public transport links, with access to Nottingham City Centre and surrounding areas.PRICE & RENTAL INFORMATION
Contact Northwood today for further information or to arrange a viewing. EPC rating: D. Council tax band: A, Tenure: Freehold,
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