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Derby Road, Nottingham NG7 2 bed flat for sale
Derby Road, Nottingham NG7
£150,000
Derby Road, Nottingham NG7
£150,000
Price History
Initial price | £195,000 |
28/11/24 | £380,000 |
06/12/24 | £375,000 |
14/12/24 | £195,000 |
21/12/24 | £350,000 |
24/12/24 | £345,000 |
03/01/25 | £340,000 |
10/01/25 | £335,000 |
11/01/25 | £350,000 |
16/01/25 | £175,000 |
17/01/25 | £165,000 |
01/02/25 | £162,000 |
20/02/25 | £150,000 |
Price Change | -23.08% |
Description
This 2-bedroom flat in Nottingham is a great investment opportunity for those looking to expand their portfolio. The property is well-kept and features a spacious lounge, modern kitchen, and two bedrooms. Currently, it generates an annual gross income of £15,000, but with a new owner, the potential annual income could increase to £21,708 with long-term tenants already in place. The current tenants have been paying rent consistently for several years and have no intention of moving out, making for a smooth transition. With a worthwhile addition to an investor's portfolio, this property is a fantastic opportunity for those looking to generate rewarding rental returns.