INVESTMENT OPPORTUNITY. For the 'Buy to Let' investor this property is currently achieving £15,048 per annum rent on a company let.
The terms of the lease are that the Tenant (the Company) is responsible for all maintenance and repairs except the boiler, electrics, and structure of the building. Therefore the new owner has a significant cost saving on expenses such as property management, repairs and maintenance, and re-letting costs as under this lease there are no voids. The tenant completes the routine gas safety certificates and EICR tests.
4 Double bedrooms Living Room (currently used as a bedroom) Dining room Kitchen Shower Room/WC 1 En-Suite Bathroom 1 Bathroom
EPC: C 69 83 Council Tax Band: C Within Selective Licencing Areas Within Additional and HMO Licensing Areas Approximately 4 years left on lease with Tenant.
The vendor is looking for a quick sale, ideally 7-8 weeks for completion. Cash Buyers Preferred.
Please note that the photographs are for visual demonstrations only. We strongly recommend that you view the property in person should you have a serious interest in the property.
(1) MONEY LAUNDERING REGULATIONS - prospective buyers will be asked to produce identification documentation during the validation process and we would ask for your cooperation so that there will be no delay. (2) These particulars do not constitute part or all of an offer or contract. (3) The text, photographs, and plans are for guidance only and are not necessarily comprehensive. (4) Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully to satisfy yourself of their accuracy. (5) You should make your own inquiries regarding the property, particularly concerning furnishings to be included/excluded and what parking facilities are available. (6) Before you enter into any sale for one of the advertised properties, the condition and contents of the property will normally be set out by your solicitor. Please make sure you carefully read and agree with any items identified as part of the purchase.
Council Tax Band: C (Nottingham City Council) Tenure: Freehold
Entrance hall
WC
Bedroom 5 w: 3.55m x l: 2.48m (w: 11' 8" x l: 8' 2") 8.81m2
FIRST FLOOR:
Bedroom 1 w: 3.68m x l: 2.57m (w: 12' 1" x l: 8' 5") 9.46m2
En-suite w: 1.87m x l: 1.86m (w: 6' 2" x l: 6' 1")
Living room w: 4.56m x l: 3.83m (w: 15' x l: 12' 7")
SECOND FLOOR:
Bedroom 2 w: 3.74m x l: 2.59m (w: 12' 3" x l: 8' 6") 6.69m2
Bedroom 3 w: 3.09m x l: 2.59m (w: 10' 2" x l: 8' 6") 8.01m2
Bedroom 4 w: 2.76m x l: 1.88m (w: 9' 1" x l: 6' 2") 5.19m2
Bathroom w: 1.96m x l: 1.88m (w: 6' 5" x l: 6' 2")
Garage Single garage included. This is seperate to the house.
Garden Tiered garden with astroturf, easy to maintain and have spectacular vegetation.
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