>
3 bedroom apartment for sale
North Sherwood Street, Nottingham
£220,000
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.