Noel Street, Nottingham NG16 3 bed terraced house for sale

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Noel Street, Nottingham NG16 3 bed terraced house for sale

Noel Street, Nottingham, NG16
£120,000

Our Summary

  • Please see the Let Property Pack linked below for more details on this property's investment potential
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This three-bedroom mid-terraced house in Nottingham is a great investment opportunity, offering a reliable and long-term income stream. The property has a comfortable layout, featuring three bedrooms, a lounge, a triple-fixture bathroom, and a kitchen, as well as a private garden and on-street parking. The current tenants, who have been in the property for several years, are keen to stay and have consistently paid their rent, providing a stable income stream. The property generates an annual gross income of £5,400, which has the potential to increase to £11,400 with long-term tenants. The purchase price makes it a worthwhile addition to any investor's portfolio, with the option to increase the rent to market rate.