1 bed flat for sale

Roden Street, Sneinton NG3

Guide price £120,000 - £135,000

fantastic investment opportunity | ideal first-time purchase | secure parking

Key Features

• One Bedroom Apartment
• Ideal Investment or First-Time Purchase
• Tenant In Situ
• Approximate Gross Yield of 7%–8%
• Secure Allocated Parking Space
• Intercom Entry System
• Popular & Convenient Location
• Strong Rental Demand Area
• Excellent Addition to Any Portfolio
• Easy Access to Nottingham City Centre & Transport Links

Northwood are delighted to present this excellent one-bedroom apartment located within the popular William Bancroft Building, offering an ideal opportunity for buy-to-let investors, portfolio landlords and first-time buyers alike.

Positioned within a secure development with intercom entry access and secure allocated parking, this well-located apartment benefits from strong ongoing rental demand whilst also offering low-maintenance and convenient living for owner occupiers.

Currently achieving approximately £800 pcm, the property offers an attractive gross yield in the region of 7%–8%, making it a ready-made investment opportunity for landlords looking to expand their portfolio.

This well-presented apartment offers modern, low-maintenance living and excellent investment potential, appealing to both owner occupiers and investors alike.

Internally, the property comprises an entrance hallway, spacious open-plan living accommodation, fitted kitchen, double bedroom and bathroom. The apartment also benefits from secure intercom access and an allocated parking space within the secure residents’ car park.

Investment Information

Current Rental Income: Approx. £800 pcm

Annual Rental Income: Approx. £9,600 Per Annum Estimated Gross Yield: Approx. 7%–8% Tenant In Situ Buyer Profile

This property is ideally suited towards:

Buy-to-let investors seeking immediate income Portfolio landlords looking to expand First-time investors entering the property market First-time buyers looking for a low-maintenance home in a convenient location Location

The William Bancroft Building is conveniently positioned for access to local amenities, transport links and Nottingham City Centre, making it a consistently popular location for tenants, professionals and first-time buyers alike.

Properties of this nature, particularly with secure parking and strong rental returns, continue to generate excellent levels of interest.

Contact Northwood today for further information or to arrange a viewing.

Lease Hold & Ground Rent tbc

EPC rating: C.

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