3 bedroom apartment for sale

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3 bedroom apartment for sale

North Sherwood Street, Nottingham
£220,000

Price History

Initial price £230,000
04/10/24 £220,000
Price Change -4.35%

Description

This apartment, located just a stone's throw from Nottingham City Centre, is a fantastic opportunity for a HMO investment. The property features an entrance hall, open-plan kitchen/living room, separate WC, bathroom, and three double bedrooms, currently tenanted until August 2025 with a 51-week contract. The gross rent is £21,420, achieving a rental yield of 9.4% circa. With 91 years remaining on the lease, a ground rent of £10 per year, and a maintenance charge of £1,200 per year, this property presents a strong investment opportunity. Viewings are available now.