3 Bed Terraced House For Sale Lenton Manor, Nottingham, NG7

£235,000- Terraced

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potentialYield: 6.1%rental guide£955 - £1,195bedroom3 Bedrooms
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Last Updated: 4^th May 2024

Description

Unexpectedly available again. High-yield HMO investment with guaranteed income: Secure steady returns with this unique 3-bedroom HMO in an exclusive development. Current tenancy runs until summer 2024 with £1469pm income, followed by a new agreement secured until 2025 at £1560pm.

Agent Details

M-S Estates

3 Park Street Lenton Nottingham NG7 1RR

Investment Analysis

Annual Rent:

£14,280

Annual Mortgage Interest:

£3,525

Annual Costs:

£200

Net Profit:

£10,555

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Nearby Locations

Nottingham West Bridgford Beeston Stapleford Arnold Kimberley Sandiacre Wilford Strelley Gamston Edwalton Nuthall Ruddington Trowell Swingate Barton In Fabis Tollerton Cossall Watnall New Lenton

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.