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Downing Street

Bulwell, Nottinghamshire

£140,000

  • Two bedroom terrace
  • Net yield of  7.3%
  • Current sitting tenant
  • Strong rental growth potential
  • Popular residential location
  • EPC: C

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Bulwell, Nottinghamshire

Terraced | £140,000 | Freehold 
Key Features
Investment Opportunity
For buyers looking to begin or expand a rental portfolio, 44 Downing Street combines an existing rental income with a practical two-bedroom layout and the added benefit of parking and garage space.
The sale with tenants in situ offers continuity of occupation and removes the immediate need to find an initial tenant, subject to completion and the terms of the existing tenancy. At the asking price of £140,000, the current rent equates to an annualised gross return of approximately 7.3%.
Investment figures
Amount
Asking price
£140,000
Current monthly rent
£850
Annualised rental income
£10,200
Gross rental yield
7.3%
Accommodation
Kitchen
A galley kitchen fitted with wall and base units, with a uPVC door and window to the front aspect and a radiator.
Lounge
Positioned at the rear of the property, with uPVC French doors, laminate flooring and stairs leading to the first floor.
Landing
Carpeted, with loft access and stairs to the ground floor.
Bedroom One
A carpeted bedroom with a uPVC window to the rear aspect.
Bedroom Two
A carpeted bedroom with a uPVC window to the front aspect.
Family Bathroom
Fitted with a bath with shower over, WC and wash basin, with a uPVC window to the rear aspect.
Driveway and Garage
The property benefits from driveway parking and a garage, providing useful vehicle accommodation and storage.
Sale Information
Price: £140,000
Tenure: Freehold
EPC: C
Occupancy: Sold with current tenants in situ
Current rent: £850 per calendar month

Return on Capital Employed (ROCE) Calculator

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Property Price


Mortgaged

Cash Purchase

Deposit

£0.00

25%

£140,000.00

Sourcing Fees

£3,000.00

£3,000.00

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