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Two-bedroom investment

Netherfield, NG4 - Get Access

2 bed 2 bath

Description

An investment opportunity comprising two ground floor flats situated in a sought-after residential location with strong local demand for buy-to-let properties, within walking distance of Netherfield's bustling high street. Flat 4 is currently let at £575 per calendar month, and Flat 4B is let at £465 per calendar month, generating a combined total rental income of £1,040 per calendar month (£12,480 per annum). The property is held on a 999-year lease with zero service charge and zero ground rent. Flat 4 briefly comprises an open-plan kitchen and lounge, a double bedroom, and a bathroom. Flat 4B features an entrance hall opening to a combined lounge and bedroom area, a modern kitchen, and a shower room, alongside the added benefit of an external storage shed. The location offers convenient access to Nottingham city centre via excellent public transport and road networks, and is close to a wide range of local shops and amenities.