3 bed semi-detached house

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3 bed semi-detached house

Broxtowe Lane, Nottingham NG8
£164,000

Price History

Initial price £170,000
27/11/24 £167,000
29/11/24 £164,000
Price Change -3.53%

Description

This 3-bedroom semi-detached house in Nottingham is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, and bathroom, with a current annual gross income of £10,200. With a market rate of £11,700, the new owner can increase the rental returns by negotiating a higher rent with the long-term tenants, who have been in residence for several years and have a good track record of timely rent payments. The property is in close proximity to valuable amenities and has a current tenant in situ, making it an attractive proposition for investors looking for a hassle-free and rewarding investment.