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4 bedroom terraced house for sale
Woodborough Road, Nottingham, Nottinghamshire NG3
£230,000
Woodborough Road, Nottingham, Nottinghamshire NG3
£230,000
Our Summary
- Frank Innes are delighted to present this fantastic investment opportunity in the sought-after area of Mapperley
- The local rental market is strong and stable, and while the property is currently achieving £1,500pcm, there is potential to increase rental income if let on a room-by-room basis
- Lots of potential
Description
Frank Innes presents a fantastic investment opportunity in the sought-after area of Mapperley, Nottingham. The property spans four floors and is currently generating a monthly rental income of £1,500 on a single AST, offering a 7.8% rental yield. The property has four bedrooms, a lounge, bathroom, and a kitchen diner, and benefits from a live HMO license. Alternatively, it can be used as a family home with three generously-sized bedrooms, two reception rooms, and a spacious kitchen diner. The property features a bright and airy lounge, a formal dining room, and a kitchen diner with patio doors leading to the garden. Upstairs, there are two large double bedrooms, a main bathroom, and a spacious master bedroom with its own en-suite bathroom. The property is well-connected to Nottingham city centre and offers a vibrant high street with a mix of independent shops, bars, restaurants, and cafes. With a strong and stable local rental market, there is potential to increase rental income if let on a room-by-room basis, making it an excellent opportunity for both investors and those seeking a family home in a prime location.