- Three bedroom semi-detached property for sale with tenants in situ who have been in the property for around 12 years +
- Current rental income of £1,000pcm with potential to increase +
- Yield currently being produced is 6.5% +
- Potential yields of 7.2% + +
- Freehold property set on a large plot +
- Strong reliable investment property +
Broxtowe Lane, Nottingham NG8 5NA
£185,000 | Tenanted Buy-to-Let | Long-Term Income
Overview
We are pleased to present this well-proportioned three-bedroom mid-terraced property, being sold with the current tenant in situ, making it an ideal turnkey investment opportunity. The property has been tenanted for approximately 12 years by a reliable, long-term tenant, providing a stable income stream and peace of mind for investors.
The property currently generates £1,000 per calendar month in rent. Based on current market trends, there is scope to increase the rental income, delivering enhanced returns for a discerning investor.
Investment Highlights
* Asking Price: £185,000
* Current Rental Income: £1,000 pcm (£12,000 pa)
* Current Gross Yield: Approx. 6.5%
* Potential Rental Income: £1,100 - £1,200 pcm (£13,200 - £14,400 pa)
* Potential Gross Yield: 7.2%-7.8% at market rent
* Long-term tenant: In situ for around 12 years, reliable and well-maintained
* Freehold property
Property Features
* Three bedrooms
* One family bathroom
* Spacious living and dining areas
* Fitted kitchen
* Ample parking
* Generous garden space - ideal for families
* Situated on a large plot offering potential for future enhancement
Summary
216 Broxtowe Lane represents a rare opportunity to acquire a tenanted investment in a sought-after Nottingham location. With a current gross yield of 6.5% and potential to reach up to 7.8% with rental alignment, this property offers immediate income, long-term tenant security, and growth potential.
This is an ideal purchase for buy-to-let investors seeking a turnkey investment with strong rental prospects in a thriving residential area. Early viewing is highly recommended to appreciate the property, plot size, and investment potential.
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