Broxtowe Lane, Nottingham NG8 3 bed semi

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Broxtowe Lane, Nottingham NG8 3 bed semi

Broxtowe Lane, Nottingham, NG8
£164,000

Price History

Initial price £170,000
24/11/24 £167,000
29/11/24 £164,000
14/12/24 £161,000
20/12/24 £158,000
02/01/25 £155,000
10/01/25 £170,000
17/01/25 £167,000
30/01/25 £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 long-term tenants already in place, the new owner can increase the rental income to a market rate of £11,700, making it a worthwhile addition to their portfolio. The current tenants have a good track record of paying their rent on time and have no plans to move out, ensuring a smooth transition for the new owner. With its proximity to valuable amenities and potential for increased rental returns, this property is an attractive option for investors looking to grow their portfolio.