TWO INVESTMENT FLATS! This end terrace property in Arnold presents a remarkable investment opportunity. Currently configured as 2 self-contained one bedroom flats, each with its own separate entrance, this versatile property is being sold with no upward chain, making it an attractive prospect for investors. Situated within walking distance of Arnold’s excellent amenities, the nearby Sainsbury’s supermarket and frequent bus services to the city centre and surrounding areas. Gated parking is available to the side for the ground floor flat, ensuring secure and hassle-free parking within the parking permit zone. Tenants are currently in-situ, providing an immediate rental income for the new owner. With rent due to increase to £13,980 pa from November 2023 (presenting a yield of 7%) this is an excellent investment opportunity and one not to be missed.
- End terrace property with two self-contained 1-bedroom flats
- Separate entrances for each dwelling providing privacy and convenience
- Ideal investment opportunity with tenants currently in place
- Sold with no upward chain
- Close proximity to Arnold's excellent amenities
- Frequent nearby bus services to the city centre and surrounding areas
- Gated parking to the side for ground floor flat (permit parking first floor flat)
- Parking permit zone
- Tenants currently in-situ to provide immediate rental income
- Rent received increasing in November 2023 to £13,980 pa (7% yield)
GROUND FLOOR FLAT
Entrance Hall
1.11m x 0.91m (3'7" x 2'11")
Lounge
4.40m x 3.60m (14'5" x 11'9")
Kitchen
2.99m x 2.62m (9'9" x 8'7")
Bedroom
3.63m x 2.84m (11'10" x 9'3")
Bathroom
1.80m x 1.68m (5'10" x 5'6")
FIRST FLOOR FLAT
Lounge
4.80m x 3.57m (15'8" x 11'8")
Kitchen
2.96m x 2.66m (9'8" x 8'8")
Bedroom
3.55m x 2.88m (11'7" x 9'5")
Bathroom
1.86m max x 1.66m max (6'1" max x 5'5" max)
COUNCIL TAX BAND RATING
Gedling Borough Council - Band A
This information was obtained through the directgov website. David James offer no guarantee as to the accuracy of this information.
DISCLAIMERS
These particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a contract. No person in the employment of David James Estate Agents Ltd has any authority to make any representation whatsoever in relation to the property. All services, together with electrical fittings or fitted appliances have NOT been tested.
MARKETING MATERIALS
All the measurements given in the details are approximate. Floor plans are for illustrative purposes only and are not drawn to scale. The position and size of doors, windows, appliances and other features are approximate only. The photographs of this property have been taken with a 10mm wide-angle lens. No responsibility can be accepted for any loss or expense incurred in viewing. If you have a property to sell you may wish to take advantage of our free valuation service.
THIRD PARTY REFERRAL ARRANGEMENTS
David James Estate Agents have established professional relationships with third-party suppliers for the provision of services to Clients. As remuneration for this professional relationship, the agent receives referral commission from the third-party company. David James Estate Agents receives the following commission from each third party supplier on a per referral basis:
W A Barnes Ltd: £60 including VAT.
All Moves UK Ltd: 18% including VAT of the invoice total (£107 including VAT average).
MoveWithUs Limited: £188 including VAT (average).
Branch Details
David James Arnold
Having originally occupied the neighbouring premises from 2003 for nearly 20 years, our Arnold team moved into their large ultra-modern office in late 2022. Our stylish, new branch is not only much larger than our previous office, but boasts a waiting area and in-house mortgage advisor all on one floor.
Address:100 Front Street, Arnold, Nottingham, NG5 7EJ
Call us:0115 955 5550
Opening times:9:00am - 5:30pm (Monday - Friday) 9:00am - 4:00pm (Saturday)
