£230,000
4 bed terraced house for saleWoodborough Road, Nottingham, Nottinghamshire NG3
4 beds
2 baths
1 reception
EPC Rating: D
- Freehold
Frank Innes - Mapperley Sales
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About this property
Ready made investment
£1,500 pcm current income
Lots of potential
Flexible accomodation
Superb location
Frank Innes are delighted to present this fantastic investment opportunity in the sought-after area of Mapperley. This property spans four floors and is currently generating a monthly rental income of £1,500 on a single AST, offering an attractive 7.8% rental yield for investors.
The property is currently set up with four bedrooms, lounge, bathroom, and a kitchen diner, and benefits from a live HMO license. Alternatively, as a family home, it offers three generously-sized bedrooms, two reception rooms, and a spacious kitchen diner.
Upon entering the property, you are welcomed into a bright and airy lounge, featuring a large bay window that fills the room with natural light. At the rear of the property is the formal dining room, currently used as the fourth bedroom.
The kitchen diner is located on the lower ground floor and offers ample space for a dining table, with patio doors leading to the garden, extending the living space.
Upstairs, on the first floor, are two large double bedrooms, each decorated in neutral tones and benefiting from large double-glazed windows. The main bathroom is also on this floor and includes a full white suite with a shower over bath, toilet, and wash basin.
The top floor features the spacious master bedroom, which spans the entire floor and comes complete with its own en-suite bathroom.
Situated in Mapperley, the property is well-connected to Nottingham city centre, with excellent transport links. Mapperley itself offers a vibrant high street with a mix of independent shops, bars, restaurants, and cafes, making it a highly desirable location. The local rental market is strong and stable, and while the property is currently achieving £1,500pcm, there is potential to increase rental income if let on a room-by-room basis.
This is an excellent opportunity for both investors and those seeking a family home in a prime location.
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