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
£165,000

Price History

Initial price £190,000
28/12/24 £187,000
04/01/25 £184,000
11/01/25 £175,000
17/01/25 £165,000
01/02/25 £162,000
19/02/25 £165,000
Price Change -13.16%

Description

This 2-bedroom flat in Nottingham is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a spacious lounge, modern kitchen, and 2 bedrooms. Currently, it generates an annual gross income of £15,600 from long-term tenants who have been in situ for several years and have a strong track record of timely rent payments. With a purchase price that offers a worthwhile return, this property has the potential to be a valuable addition to any investor's portfolio. The current tenants do not intend to move out, and the vendor is committed to facilitating a smooth transaction process to ensure a hassle-free sale.