£129,500
2 bed flat for saleWestbridge House, 1 Holland Street, Nottignham NG7
2 beds
1 bath
1 reception
EPC Rating: C
- Leasehold
Yieldit
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About this property
Bright, modern open-plan living area
Fully fitted kitchen
Two spacious double bedrooms
Secure access
Third floor apartment
Modern development
Excellent location
High rental yield
Westbridge House, 1 Holland Street, Nottignham, Ng7 5Ds
This well-maintained two-bedroom, one-bathroom flat on the third floor of Westbridge House offers an excellent investment opportunity. Currently tenanted, it generates a strong 7% net yield, providing immediate rental income with minimal management required.
The property features a spacious layout with two comfortable bedrooms, a modern bathroom suite, and a bright, quiet living space. Its third-floor position ensures privacy and appealing views, while tenants are already in situ, meaning you can start earning from day one.
Located just 2 miles from Nottingham's City Centre, the flat is well-connected by main bus and tram routes, making commuting easy. It’s also within walking distance of a variety of local shops, cafes, and restaurants, adding convenience and desirability for tenants.
Nottingham is a prime location for property investment. As a thriving university city, it benefits from a steady influx of students, ensuring high rental demand. The city also boasts a growing economy, with major employers in sectors like finance, healthcare, and technology. Property prices in Nottingham remain more affordable compared to other major cities like London or Manchester, and with ongoing regeneration projects, the potential for capital growth is strong.
This property offers both an attractive yield and the potential for long-term growth in a city with strong rental demand. Whether you are looking to expand your portfolio or enter the market, Westbridge House represents a solid investment in one of the UK’s most dynamic cities.
Please note, lettings and management charges may apply.
Financial Breakdown
Gross Rent: £10,740.00
Net income: £9,432.39
Gross yield: 8.29%
Net yield: 7.28%
Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08350
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Tenure
Leasehold (122 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review