Derby Road, Nottingham NG7 2 bed flat for sale

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Derby Road, Nottingham NG7 2 bed flat for sale

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.