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3 bedroom apartment for sale
Beck Street, Nottingham NG1
£165,000
Beck Street, Nottingham NG1
£165,000
Our Summary
- With the freehold acquisition in progress and substantial capital already contributed, this property offers not only strong current returns but also long-term asset growth potential
- Investment Opportunity
Description
This stylishly refurbished three-bedroom, two-bathroom apartment in Nottingham city centre is an ideal investment opportunity. With a HMO license in place, the property is currently let at £1,300 pcm, generating a gross yield of approximately 9.5%. Located on the third floor of the popular Bloomsbury Court development, the apartment boasts a bright open-plan lounge, kitchen, and dining space, as well as three double bedrooms and two bathrooms, including an en-suite to the principal bedroom. With a 100-year lease remaining, the property offers strong current returns and long-term asset growth potential. The freehold acquisition is currently in progress, and £3,000 has already been paid by the current owner towards the purchase. With its prime central location and demand from both students and working professionals, this turnkey investment is an attractive opportunity for investors.