Oxford Street, Long Eaton 3 bed terraced house for sale

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Oxford Street, Long Eaton 3 bed terraced house for sale

Oxford Street, Long Eaton
£145,000

Our Summary

  • FOR SALE BY AUCTION 28TH AUGUST 2025WELL PRESENTED AND SPACIOUS, SELF CONTAINED, FREEHOLD END-TERRACED PROPERTY THAT HAS BEEN CONVERTED INTO THREE SEPARATE FLATS, BEING SOLD WITH NO ONWARD CHAIN AND SOME TENANTS IN SITU
  • This is a fantastic investment opportunity with the flats currently generating approximately £15,000 per annum with rents that could be increased
  • Fantastic investment opportunity generating approximately £15,000 per annum

Description

This freehold, mid-terrace property has been converted into three separate flats, offering a fantastic investment opportunity. The property has fire doors fitted throughout and some tenants are currently in situ. The ground floor features a one-bedroom flat with access to the garden space, while the first floor has a one-bedroom flat with separate rooms accessed off a shared hallway. The second floor studio flat has a kitchenette and shower room. All properties require a parking permit for on-street parking, paid for by the tenant. The property generates approximately £15,000 per annum in rent, with potential for increases. With no onward chain and a HMO classification, the property requires periodic inspections by Erewash Borough Council. The property benefits from electric heating throughout and is located in the popular town of Long Eaton, close to local schools, shops, and parks, with easy access to major road links and public transportation.