Listed for £425,000
August 12, 2024
Sold for £145,000
2007
SUMMARY This fully refurbished six-bedroom presents an excellent investment opportunity with a rental income of £4,100 per month, offering an impressive 11.58% gross yield. Each of the six double bedrooms is designed for single occupancy and includes modern furnishings such as a double bed, cupboard, and side table. Every room features an en suite shower room and benefits from neutral décor with grey laminate flooring. Additionally, each tenant has access to a separate lockable storage cupboard.
The property also includes a brand new, fully equipped communal kitchen and dining area, complete with a fridge/freezer, washing machine, dryer, corner sofa, dining table with chairs, and a breakfast bar with stools. A communal garden area is available for tenants, and there is unrestricted on-road parking. With all bills included-covering gas, electricity, water, broadband, and council tax-plus a monthly communal area cleaning service, an attractive option for tenants.
Located in the popular town of Stapleford, the property offers convenient access to local amenities and excellent transport links to Nottingham City Centre, the M1, and A52.
BEDROOMS: Each bedroom comes fully furnished with a comfortable double bed, a cupboard for storage, and a bedside table. The rooms are newly decorated in neutral tones with stylish grey laminate flooring and feature a private en suite shower room for added convenience. Additionally, a separate lockable storage cupboard is located next to each bedroom for extra security.
COMMUNAL AREAS: Tenants can access a new, fully fitted communal kitchen and dining area. This space has modern appliances including a fridge/freezer, washing machine, and dryer. The communal area is also furnished with a comfortable corner sofa, a dining table with chairs, and a breakfast bar with stools, creating a welcoming environment for socialising and dining.
AMENITIES: The property includes all bills-covering gas, electricity, water, broadband, and council tax-making it a hassle-free living option. A monthly cleaning service is provided for the communal areas to ensure a clean and comfortable environment. Outside, there is a communal garden area for tenants to enjoy, and unrestricted on-road parking is available.
LOCATION: Situated in the popular town of Stapleford, this property offers easy access to local amenities and excellent transport links to Nottingham City Centre, the M1, and A52, making it an ideal location for professionals and commuters.
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DISCLAIMER Money Laundering Regulations: Tristram's ask intending purchasers to produce identification documentation. Any delay in receiving this information may cause a delay in agreeing a sale.
Measurements: The room sizes are approximate and are only intended as a guide to the size of the property. We would advise you to verify any measurements that you may require.
Services: Please note Tristram's do not test services, any equipment or appliances in the properties that we market, therefore we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
These particulars are issued in good faith as a guide to prospective purchasers, they do not constitute representations of fact or form part of any offer or contract. The particulars of any property we market should be independently verified by prospective buyers. Neither Tristram's Property Services Ltd nor any of its employees or agents has any authority to make or give any representation or warranty whatsoever in relation to this property. Tristram's has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
While we endeavour to make our sales particulars as fair, accurate and reliable as possible, they are only a general guide for prospective purchasers, therefore if there is any point which is of a particular importance to you, please contact the office and we will be pleased to look into this for you.
HMO DISCLAIMER Please be aware that this property falls under HMO (House in Multiple Occupation) regulations and is subject to Article 4 restrictions. Tristrams has provided as much information as possible regarding these regulations, based on the details supplied by the seller. However, due to the ever-changing nature of laws and restrictions, we strongly advise all prospective buyers to independently verify this information either personally or through a qualified solicitor.
Tristrams accepts no liability for any inconvenience or costs incurred during your investigation of this property. It is the responsibility of the buyer to ensure that all due diligence is completed to their satisfaction.
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